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Old 06-23-2012, 05:41 PM   #43
Verge
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Join Date: Jan 2012
Drives: 2013 Scion FRS
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Quote:
Originally Posted by Jayp View Post
From what I've been told, if you qualify credit wise, and you have the required graduation criteria, you qualify for the rebate. So if she doesn't qualify for the rebate but has the graduation criteria, that means she didn't qualify for the credit.

There is a minimum monthly income to qualify for credit, and according to what my dealership told me, TFS minimum income qualification is $1600 monthly. There are some exceptions in which they can try and get you qualified if you have a co-signer with an income more than $1600. But the chances of getting approved is lower because the bank will primarily look at the buyers income more than the co-signers'.
She was a full time student and didn't really work but she already has a position set once she is licensed and will definitely make over 1600 a month. Odd though that there would be a limit for those who just graduated and are not really working. I will call scion hq for this. Seems too contradictory.:s
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