Was the 2k rebate the Ford one? Wasn't tracking anything beyond that and the $1k bonus cash.
credit score?
Right around 800 depending on the credit bureau.
% of used vs available makes the biggest impact to get you into the 800's (when in the 700's already). I forget the exact figures but something like 85-90% available is best, 65% or less than available can take you back or get you stuck, depending on other factors.
Makes sense! Thanks for the advice, basically just need to lower my credit utilization ratio and il get there.
Wasn't the Ford rebate. Honestly, not sure where that came from. Just a nice, unexpected benefit. I did have a trade. Old beat-up gas Ram 1500 with a 170k miles. Still loved that truck but time to sell. I would say very fair on the trade. $200 more than Carmax down the road and it was all done in one easy transaction. Koons is much more of a high volume dealer. They will quickly say "here is what we can do". If that works, great. If not, doesn't change anything on how they treat you on the sale. I probably could have private party sold it for $1500 more than Carmax and $1300 more than Koons.... or maybe not. Either way, happy on the trade above Carmax and easy to close it out.
I opened this thread because I wanted to know the experience of other people, I am an immigrant from Venezuela and I am still adapting to many things in the American system, I have been in this beautiful country for 9 years and I am grateful for many things, thanks to all the experiences of the people in this forum I did it and the process was incredibly fast it only took me 45 minutes to get approved, I had the option of having them send the check or going to the bank. I asked for a few thousand extra in case I needed them, now I have a question, if the amount of the car is less than the check, will the dealer return it to me or do I have to go to the bank for another one? These are questions that I hope the wonderful MD team will clarify for me.Alright so just got approved with Navy Fed and it WAS CERTAINLY a learning process. For those of you new to Navy Fed and putting spouse on loan, a quick heads up. Even if you added your spouse as joint account owner, they are NOT a member and can't be put on loan until they are made a member (easy quick phone call and requires additional savings account.) Lastly, your spouse will need access to their own online/app access to sign the docs. For me with a wife that is TECH' challenge this was so much fun
Once my wife had her own thing going on but very much tied to mine, the whole process is SUPER easy and decision took 5 minutes or so. Hopefully my little journey helps someone out.
The check should be blank and dealership will write in the cost of the vehicle after everything is added up. As long as you don't go over your approved amount, NFCU will adjust the actual loan amount to the written in amount. Easy pezy.
I am a master at manipulating my credit score when I have a big purchase to make. You need to know all of the statement dates for your credit facilities (cards and store accounts). One month prior to your purchase, make sure the balance is between 3% and 6% on each line of credit on the statement date. I know it sounds ridiculous (and it is), but you don't want a 0 balance on the statement date. I ran my financing at Mark Dodge yesterday and had an 822 score.
This exactly what I did!!
Got my check today and it was very much not blank, LOL. down to the penny but I also didn't give myself a buffer, because I didn't need it.
Through family of a military member, after that family of family and so on. But not as a walk in.
do a deep dive on the forum but its been covered. basically, They Say you need to prove you have a family member who served but just go fill out the online application and they never ask for it. I became a member no problem, never served, no documentation of my grandfathers or other family members service provided. ill attach the thread. they make you open a savings account. also make sure and fill out the letter they send in the mail, you must do this to properly activate the account if i remember right.
