View Single Post
Old 12-28-2013, 11:18 PM   #11
trekkie
Member
 
Join Date: Oct 2013
Drives: 2011 Camry Hybrid
Location: Wake Forest, NC
Posts: 82
Thanks: 10
Thanked 20 Times in 14 Posts
Mentioned: 2 Post(s)
Run your own credit report, and get your FICO score.

Don't go into the dealership without knowing that, even if you plan on having your dad cosign you should still know what's on your report and if you have a FICO score.

As others have suggested don't go in with 'Hi I have 10K to put down', start at say 1500. If they say no, then ask what kind of downpayment makes it a yes.

Cosign only if it's a ridiculous rate (>7%) and you can get a great rate (<2.9) with your Dad.
trekkie is offline   Reply With Quote