Auto App with THIN THIN 774 Fico file? Where to apply?

[MarvBear]

I'm glad she got her car loan.

[Mo Munny Mo Problems]

I'm glad she got her car loan.

Thanks Marv, we are too...it was about time lol. 30 years old and never had a car newer than 10 years. Smart as hell, but shes getting older to where messing with an old car all the time is actually more expensive than just paying a few hundred a month

 

268/mo is great for a 2013-anything

[Labyrinthine]

I just got a new Cruze, too!

[Mo Munny Mo Problems]

I just got a new Cruze, too!

I think theyre awesome. im getting one too. Im waiting for the Cruze Diesel..supposed to be out this summer

[BRBiz]

 

I just got a new Cruze, too!

I think theyre awesome. im getting one too. Im waiting for the Cruze Diesel..supposed to be out this summer

I would suggest waiting a year for the diesel. You don't want to be the first year test dummy! I'm sure they will have some kinks to work out. Not to mention there wont be a huge difference in MPG's since the gas ones are in the low to mid 40's already and the diesel is suppose to be maybe high 40's. So if figure in the extra cost of the engine and diesel fuel you quickly lose any savings not to mention the extra maintenance cost's.

[Mo Munny Mo Problems]

Nah its been in use around the world for a long time already, so no kinks really to work out. Thats kindof not really applicaple in this siutation. USA actually got it last in this case.

 

Also, a diesel will get about the same in the city as it does on the freeway.

 

I drive 30,000 miles a year. City.

 

 

So really it would be worth the wait for me.

 

 

and Im a mechanic, and I doubt anything will happen that my warranty wont cover.

Edited April 10, 2013 by Mo Munny Mo Problems

[BRBiz]

Nah its been in use around the world for a long time already, so no kinks really to work out. Thats kindof not really applicaple in this siutation. USA actually got it last in this case.

 

Also, a diesel will get about the same in the city as it does on the freeway.

 

I drive 30,000 miles a year. City.

 

 

So really it would be worth the wait for me.

 

 

and Im a mechanic, and I doubt anything will happen that my warranty wont cover.

Then you have no worries..

[Mo Munny Mo Problems]

Nah, its perfect for me. Wish they would just have them already lol..im tired of waiting

[BRBiz]

Nah, its perfect for me. Wish they would just have them already lol..im tired of waiting

My father in law bought a silverado diesel a few years back and it has about 20k miles on it and has had nothing but issues. Mostly small but annoying as hell.

[Labyrinthine]

That is a lot of city driving.

[Mo Munny Mo Problems]

 

Nah, its perfect for me. Wish they would just have them already lol..im tired of waiting

My father in law bought a silverado diesel a few years back and it has about 20k miles on it and has had nothing but issues. Mostly small but annoying as hell.

well Im hoping to learn from thhis car as well anyways... Ive been a mechanic for around 15 years and ive got very very limited exposure to diesels. This might make the learning curve easier...actually owning one

 

But yeah, outside of warranty, any cars going to have problems if you ask more than one owner.

[Mo Munny Mo Problems]

That is a lot of city driving.

Yeah

 

OK well I *might put 10%15% of it hwy

 

but still..lol

[djransom]

Is the Cruze smaller or about the same size as a Malibu?

[Mo Munny Mo Problems]

*slightly smaller. Ive had both and I can say its about the same. now for the back seat idfferent story

[BRBiz]

The Cruze is slightly smaller but the interior on the new 2013 Malibu's actually got a little smaller so its even closer to the Cruze. Something like a one inch difference in the back seats. You just get more cargo space.

[Mo Munny Mo Problems]

yeah from what ive experienced its mosty trunks space and rear seat space. Maybe its quieter and more stabe idk. Seems that way

[F&IGuru]

 

 

 

 

 

 

 

 

 

 

 

 

 

With what I see posted I would ask for a qualified co-applicant.

darn :/ would too llol

Is it the income? I thought it was up to a third of your income for a car loan?Maybe a certain business owner could hire her for a week or so and put on her on payroll to get a little income booster

Or how about a lease if she doesn't drive a lot?

Is the issue the

 

Well technically she does help a lot with the business, but I havent put her on the payroll just because she does it because she like to. But I COULD put her on for a while. Not sure that would do anything though. I agree with Marv that even I, if I saw a file like that, regardless if income was $10,000 or $100,000...my max exposure would probably be about double what she has there on the file, so about $4000. lol

Every one has to start some place! GM wants the customers and if they will approve some one with a couple repos ,450 credit score and no postive credit reporting then I don't see why some one with a 700+ score wouldn't get approved.

true..

 

 

I know lots of people who have gotten approved for vehicles they SHOULD NOT be in lol

Very true... I think most of the time it's not that people don't want to pay they just can't pay because the payments are to high and first off its the customers fault but also the dealer and lender especially dealers who try to get you into a payment you didn't want in the first place.

YEUP. Thats why I am glad the "financial crisis" happened, so that there is more accountability on their side. Yeah, it's party the consumers' who took on more than they could handle, but the ones with all the goodies/money should be more responsible with the way they lend. Its the very same reason you dont go handing the keys to a Corvette to a 16 year old kid...

 

I mean, what young kid is gonna say no to that? None. Not one. They are all going to hop in and go crash(default).

 

If they cant handle the Corvette(big fancy house/car) you shouldnt hand them the keys(approve the loan).

 

I actually think that the literal sense should hold true as well. What I mean is if a 17-18 year old walks into a dealership and wants to buy a crazy fast car like a ZR1 or a GT500, I think that there should be some kind of limitation in place as to what you can drive based on points or something. Crash a bunch of chocolate, points go up. New licensees should have some kind of purchase/operational barriers as they progress to "good" drivers. Like how you need a CDL to drive a big flowers truck. But no special license need to go kill yourself in a 2013 664HP GT500. But thats a whole 'nother story haha.

Yea, the lenders did get a little loose, but no lender would approve a 18 yr old with a thin file on a 30-40k loan without some dealer influence. Pay raises, promotions, magical down payment, pick payments that are impossible to collect. If all the info was correct upfront those loans would have never gone down. Just my 2 cents.

[Mo Munny Mo Problems]

IDK when I was 18 I got approved for over 30K with $2500 down IIRC

 

BUT that was like 2000.

 

Was a 2001 GMC Sierra fully loaded

Edited May 20, 2013 by Mo Munny Mo Problems