whats a good credit score to get a camaro

[bearcamaro8624]

I want to get v6 Camaro rs package but need to fix my credit

[midnighter]

400

[CyberPunk223]

i got had 550 when i bought my 2012 4 months ago and all i could get was a 1LS, no options. and I'm paying way too much interest. I could not get used, credit wasnt good enough, forget the rs package, you dont need any of that stuff anyway, the base car comes standard with all the basics. it's a great value for $23,000.

[fielderLS3]

A good credit score would be 700 or above.

[DagoCountyGee]

Originally Posted by CyberPunk223

i got had 550 when i bought my 2012 4 months ago and all i could get was a 1LS, no options. and I'm paying way too much interest. I could not get used, credit wasnt good enough, forget the rs package, you dont need any of that stuff anyway, the base car comes standard with all the basics. it's a great value for $23,000.

How much interest are you paying?

[camaro-dreamer]

I know I always get crap on this site for my opinion on this issue. However, if you are having credit problems, you probably cannot afford a Camaro. If you cannot write a check for the car you want to buy, you probably cannot afford it.

[SSmokinSS]

I have gotten on my last few cars..

New 2012 Silverado 3.9% for 75months
New 2011 Camaro SS 4.9% for 78months
New 2012 Tahoe 4.25% for 75months
New 2013 Sonic LT 2.9% for 72months
Used 2008 Suburban 4.5% for 72months
Used 2011 Camaro SS 4.49% for 84months
Used 2009 Avalanche 4.9% for 78months
Used 2007 Suburban 5.5% for 72months

These have all been purchased within the last two years.
My credit is average (650-690)
Debt to income ratio is key....

Always have more coming in than going out, and no late payments.
You can have debt up to your ears and have perfect credit, or pay cash all your life and have a credit score of 0.

[SSmokinSS]

Originally Posted by camaro-dreamer

I know I always get crap on this site for my opinion on this issue. However, if you are having credit problems, you probably cannot afford a Camaro. If you cannot write a check for the car you want to buy, you probably cannot afford it.

You shouldn't get crap for your opinion.
If everyone followed that logic, this site would be pretty lonely though!

[fielderLS3]

Originally Posted by SSmokinSS

These have all been purchased within the last two years.
My credit is average (650-690)
Debt to income ratio is key....

It's my understanding that FICO doesn't take income into account at all (or if it does, it does so marginally). It's the debt to available credit ratio it looks at, along with payment history.

[scuba264]

Originally Posted by camaro-dreamer

I know I always get crap on this site for my opinion on this issue. However, if you are having credit problems, you probably cannot afford a Camaro. If you cannot write a check for the car you want to buy, you probably cannot afford it.

This logic is insane to me haha. I see this pop up from time to time from people. I'm 29, have a credit score of 751, a good job and no debt other than student loans, car, and mortgage but I could never just pay cash for a Camaro! Who even does that??? I'd love to know the percentage of people that can actually do that, come on!

If you can pull that off, fantastic, but you can't really believe the general public should or could really follow that rule. According to that I should be riding a mountain bike as my DD lol. I could probably cut a check for one, maybe even a high end Canondale or Specialized!

[cornerspeed92]

862...yes thats for real.I just bought my dream car(SS 1LE)2.25%

[midnighter]

I have 450/435/426, is that decent?

[Apex Paul]

Originally Posted by SSmokinSS

Debt to income ratio is key....

Always have more coming in than going out

lol, mine is more like a basketball score than a ratio. I'm going to have to work on that coming in/going out thing you speak of.

[cornerspeed92]

Originally Posted by midnighter

I have 450/435/426, is that decent?

My understanding is 700 is average.