http://www.1stsubarudealer.com/used-approved-subaru/
What is the best place for a used car loan with fair credit?
My wife and I are about to buy a used Subaru. We were denied through our bank (Wells Fargo) but approved through Wells Fargo Financial.
My wife’s score is about 680 and she makes about $2600/month but has limited credit history. My score is 715 and I have good credit history, however I am self employed and not able to use my income as I have not yet filed taxes. So first off I’m not even sure if she’s better off on her own or with me cosigning…
The car is $15000. We are putting down $3000 and borrowing $12K. They gave us an interest rate of around 15.2% with payments of around $290 for 60 months. We didn’t shop around because we didn’t know that inquiries within 14 days are seen as one. Is this a fair loan given our credit? Or would we be able to get a better loan from a credit union or someplace else?
Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool – carinsurance.yoll.net
Austin Subaru – Dogs Doing Donuts – Dog Tested. Dog Approved.
