Why so judgemental ?If you have a 620 FICO, you shouldn’t be ”trying” to buy a new car.
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Why so judgemental ?If you have a 620 FICO, you shouldn’t be ”trying” to buy a new car.
@fordvideoguy Tim, didn't you post a finance rate/tier graph at one point? Someone have something to share?This is for special guaranteed approvals and a 1 tier bump for rates. If you are a tier 0-2 tier approval probably don't need to worry about this because rates should be locked in and protected by your dealer through smart Vincent.
What is the % ?Good News, Ford is extending the launch of special financing.
Same here ordered 6-21-2021, supposed to be scheduled 4-11-22It is hard for me to fathom that the end of June approaching will be 1 year wait for a Hybrid I ordered!!! WTF Ford... horrible customer service setting expectations! And yes, I understand all of the Supply chain issues, I sell IT equipment. But auto-generated emailed letters should have been sent to reset expectations and to retain customer satisfaction.
Maybe but if you need reliable transportation to get to work and pay the bills the base model hybrid could make a lot of economical sense if you factor in a warranty and lower operating costs. Assuming that borrower has taken action to correct some of the issues related to the low credit score, to begin with. There are also circumstances that may be beyond someone's control such as medical illness etc.If you have a 620 FICO, you shouldn’t be ”trying” to buy a new car.
Wow, can you tell me more about how many inquires you had and how it affected your tier? My credit rating is above 800, but I do have 3-4 hard inquires in the last couple years. I wonder what that will mean?This also depends on how many credit inquiries you have in the last 2 years, my credit score is great but I have a lot of inquiries so your tier will be affected by that, I know from experience
why the heck is that? I bet most financed are 650 avg.Some people get them in the 500’sIf you have a 620 FICO, you shouldn’t be ”trying” to buy a new car.
Tim, when I ordered, There were options for 0% for 3 years, or there was also an option for leasing. To you knowledge, is that still available? is that what this info is about?This is for special guaranteed approvals and a 1 tier bump for rates. If you are a tier 0-2 tier approval probably don't need to worry about this because rates should be locked in and protected by your dealer through smart Vincent.
3-4 inquiries won't be an issue for you as inquiries don't have that much impact compared to delinquent or late payments.Wow, can you tell me more about how many inquires you had and how it affected your tier? My credit rating is above 800, but I do have 3-4 hard inquires in the last couple years. I wonder what that will mean?
Did you guys hear the big auto news of the day (other than today is my build day - Pee Wee will be home soon) no the news is TESLA has filed for BANKRUPTCY. Maybe Ford can pick up the pieces for Chump Change.If your credit gives you a tier 2 approval, you will receive tier 1 rates.