Last post on Aug 03, 2007 at 5:45 PM
You are in the Honda Civic
What is this discussion about?
Honda Civic, Car Financing, Coupe, Sedan
#2 of 8 Check your credit score(s)
Apr 13, 2007 (4:50 am)
Short on time atm, but I'll throw my 2 cents in real quick.
To see if the rate their giving you has any basis, check your credit reports and/or credit scores. Google 'free credit report' and get your 3 report - check these for late payments and other nasty little things. If you're looking for more detail, go to myfico.com and get your credit score ($). If your scores are lower than the high 600's, you're gonna be in for some hurt. Not having a credit card hasn't helped, and it won't be much better if your student loans weren't reported to all the credit bureaus. Unfortunately, the dealer's are operating strictly by the numbers.
But chances are, if you've been banking somewhere for a while, you can get a much better rate out of the bank than you can from the dealer. Most banks are willing to work with you to figure something out, especially if you've been a customer of theirs for a while.
Hope this helps with _some_ of your questions.
Apr 14, 2007 (10:08 am)
Hmm just checked it. I have an excellent score! it said higher then 98% of US consumers!
Which means they were trying to screw me big time!
#4 of 8 Re: thanks! [jultheebolo]
Apr 20, 2007 (6:09 am)
Shop around for a refinance, we've done it several times.
We did however get the 4.9/60 but we have about 30+ years of credit history, an almost paid off mortgage and about a dozen paid off cars in our history. It takes time, have patience, but definitely shop around for a refinance. consider joining a credit union, they often have the best rates.
#5 of 8 got the 4.9/60 :)
Apr 29, 2007 (12:18 am)
Oh I ended up getting the car for 4.9/60 months at another dealer 2 days later, no probem!
The whole first time buyer thing is completely BS! Even with just having a credit card for what? 4 months & barely ever using it.. I have excellent credit! After all I've been paying bills and such for years. So for everyone else out there don't let them try to trick you like this! The dealerships can charge whatever interest rates they want...its not out of their hands like they claim.
I checked the Better Business Bureau and turns out that dealer that tried to scam me has an F rating! I'm not surprised!
May 16, 2007 (3:37 pm)
You need a 720 score to finance with Honda.
Aug 03, 2007 (5:28 pm)
I have a buyer for my RV but I've never sold a vehicle myself. Can anyone offer advice on the selling process and the legal forms required when selling a vehicle.