How Much for a new Evo / Is this a good deal? *Sticky/Merge* (Includes EvoM vendors)
Apr 10, 2009, 09:34 AM
#826
This is some bad info here. Just becuase you have over a 700 Fico score in no way means a bank will lend you money for a car. You can be 18 years old and all you have is a American Eagle credit card with a $200 limit and have a 730 credit score and no way will someone lend you $30k for a car.
I work in the biz and i see 700 + credit scores get declined all the time.
I work in the biz and i see 700 + credit scores get declined all the time.
But, there's no reason that the guy shouldn't try to qualify for 0%...especially if his scores are over 700. He's got to get a loan regardless. If you're saying that he's not going to get the 0%, how do you recommend that he buy the car? He needs to have his credit pulled to see what rate he will qualify for...and he clearly doesn't have the cash to buy it out right.
Last edited by atombomb33; Apr 10, 2009 at 09:47 AM.
Apr 10, 2009, 09:44 AM
#827
exactly. that's why I don't know if I should apply again. I'm probably more likely to get a 10k loan with whatever % for an MS3 than a 17k loan with 0.00% for an EvoX... as sad as it might sound.
Everything I own I payed for with cash and therefore didn't have/need a credit card for a long time. But now I'm being raped in the *** if I'd like to buy a car lol :< That's what I get for being responsible I guess. There's something wrong with the financial system...
Everything I own I payed for with cash and therefore didn't have/need a credit card for a long time. But now I'm being raped in the *** if I'd like to buy a car lol :< That's what I get for being responsible I guess. There's something wrong with the financial system...
Apr 10, 2009, 09:48 AM
#828
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I remember reading somewhere that creditors want to see you have a credit history of 7+ years or else they may decline you just because of insufficient credit history. Please correct me if I'm wrong.
Apr 10, 2009, 01:49 PM
#832
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Apr 10, 2009, 01:53 PM
#833
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Gotcha, I am actually trying to sell mine and was tryin to get a feel for a price. The site wont allow me to post it up yet so I thought that i would ask around until I can post it on the 4sale forum. So you think around $27k then huh, that sucks i owe more then that lol.
Apr 10, 2009, 02:02 PM
#834
exactly. that's why I don't know if I should apply again. I'm probably more likely to get a 10k loan with whatever % for an MS3 than a 17k loan with 0.00% for an EvoX... as sad as it might sound.
Everything I own I payed for with cash and therefore didn't have/need a credit card for a long time. But now I'm being raped in the *** if I'd like to buy a car lol :< That's what I get for being responsible I guess. There's something wrong with the financial system...
Everything I own I payed for with cash and therefore didn't have/need a credit card for a long time. But now I'm being raped in the *** if I'd like to buy a car lol :< That's what I get for being responsible I guess. There's something wrong with the financial system...
Apr 10, 2009, 02:18 PM
#835
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As far as credit scores go here is what I was told yesterday by the dealership I have been working with.
Must have a 720+ Fico to qualify for Mitsu tier 1 credit.
Must have minimum of 2k a month gross income.
Must have atleast 6 lines of credit on your report(does not mean 6 lines of credit open, just needed to have atleast 6 items show on your report.)
I hope I got a good deal on mine but others may have gotten better $28,100 OTD on a GG with tint, shift knob, e brake handle, and wheel locks.
Flying to cali on the 24th to pick it up. Woot The DSM is finally a track car only and the X is the DD.
Must have a 720+ Fico to qualify for Mitsu tier 1 credit.
Must have minimum of 2k a month gross income.
Must have atleast 6 lines of credit on your report(does not mean 6 lines of credit open, just needed to have atleast 6 items show on your report.)
I hope I got a good deal on mine but others may have gotten better $28,100 OTD on a GG with tint, shift knob, e brake handle, and wheel locks.
Flying to cali on the 24th to pick it up. Woot The DSM is finally a track car only and the X is the DD.
Apr 10, 2009, 07:04 PM
#837
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Okay, so here in Northern VA I found a Grey Evo X with Aero, Navi, and SSS for an msrp of 38k. I haggled them to get me 34.5 OTD, but they won't budge. They are offering 36.3 OTD with 0% financing. VA sales tax is 5%.
Is this a good deal? The car was manf. in March of 2008 and the tires DOT are from 0808. The sales person told me they got the car last week which is bull. Any thoughts?
Is this a good deal? The car was manf. in March of 2008 and the tires DOT are from 0808. The sales person told me they got the car last week which is bull. Any thoughts?
Last edited by DannyK24; Apr 10, 2009 at 07:51 PM.
Apr 10, 2009, 07:39 PM
#838
I don't see SSS on there, I'm assuming so.
Thanks for the credit info for tier 1... I'll have to double check on the 6 lines of credit thing, but it sounds like I over-qualify which is great news for me. I was a little uneasy about whether or not I'd qualify, but that info pretty much seals the deal.
I'm also looking at a GSR with over 600 miles "new," so I'm a lil iffy on it. JCsEvo, you're talkin 400 miles on a USED Evo X now, right? Once it has an owner, it's no longer a new title.
Thanks for the credit info for tier 1... I'll have to double check on the 6 lines of credit thing, but it sounds like I over-qualify which is great news for me. I was a little uneasy about whether or not I'd qualify, but that info pretty much seals the deal.
I'm also looking at a GSR with over 600 miles "new," so I'm a lil iffy on it. JCsEvo, you're talkin 400 miles on a USED Evo X now, right? Once it has an owner, it's no longer a new title.
Apr 10, 2009, 08:26 PM
#839
Have you checked your credit scores (TransUnion, Equifax and Experian)? Make sure you do before you go to the dealership. If all of them are over 700, you should qualify without any problems. You can get your credit scores for free online. Google "triple credit score" and there will be tons of websites. All you have to do is sign up for a trial membership and then cancel it right away and they don't charge you anything.
Apr 10, 2009, 08:31 PM
#840
I really consider going down there, but my local mitsu dealer is also trying to offer me a great deal too. So if it all comes down and the price is similar, I might just buy it from my local Mitsu dealer (they also said they'd match any prices...
)