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Originally Posted by sykikchimp
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Something you should know.. having a good fico score means jack when you want to buy a car. Car loans want people with car loan history. When you have no big purchase history (like buying cars or a house) you will be able to buy a car based soley on your FICO, but you'll get a rediculously high interest rate unless you put down a ton of money.............
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even if you put a ton of money down some dealers will still refuse do to you not having an existing car loans.
unless you go though a different company for your loan. my cousin had put down 70k on his car and was still refused a loan. he was told that no matter how much you put down they will not be able to give you a loan. (specific dealers though) so he went though his credit card company, Chase Manhattan.