What kind of credit score am i looking at when buying a lexus car?

i`m looking into buying a lexus car, but i wanted to know if maybe someone on here knew what kind of credit score i am looking at .. maybe for the price range between $40,000 - 50,000.

What kind of credit score am i looking at when buying a lexus car?

First you need to make 4 times the payment. I would say around a 680 and above.

What kind of credit score am i looking at when buying a lexus car?

To purchase or lease it needs to be about 625 or higher. Any lower than that, you may need a co-signer and a nice down payment.

What kind of credit score am i looking at when buying a lexus car?

720 or higher

What kind of credit score am i looking at when buying a lexus car?

It just affects the percentage points on the loan. You probably can%26#039;t have a score of 550...for a Lexus at a reputable dealer I%26#039;m thinking at least 650. Of course, the higher the score, the better the interest rates. And if above 720, then it%26#039;s alot easier without having to have a lot of money.

What the dealer is going to be looking for is $$$. How much do you make a month (to cover the monthly cost) and how much do you have in hand for down payment?

What kind of credit score am i looking at when buying a lexus car?

With that kind of a price range, you will probably need atleast a 700.

What kind of credit score am i looking at when buying a lexus car?

over 30 or under 30 over 30 680 under 30 750

What kind of credit score am i looking at when buying a lexus car?

In the car dealership business, anything above 650 is tier one.

What kind of credit score am i looking at when buying a lexus car?

If you have to worry about a credit score, you can%26#039;t afford a Lexus; it is ludicrous to spend that much money on an automobile unless you have more money than you know what to do with.

What kind of credit score am i looking at when buying a lexus car?

If you want to buy a new Lexus and you are worried about your credit score you probably already know you can%26#039;t afford it.

Step back into reality and look for a good used ES for around $24K.

What kind of credit score am i looking at when buying a lexus car?

Your score doesn%26#039;t matter as long as you qualify for a loan (make enough money to cover payments / debt to income ratio). The score is reflective in your interest rate.

What kind of credit score am i looking at when buying a lexus car?

Having a sufficient income and down payment is more important in getting loan approval for a car like this than your credit score. If you%26#039;re making enough to be buying a car this expensive (like say, at least $80k) and can put down 20%, getting an approval should be no problem, though if you have poor credit you will likely have to pay a high interest rate.

On the other hand, you could have an 800 credit score but if you%26#039;re only pulling down $30k a year and have no down payment, you%26#039;re going to have a hard time finding anyone to lend you that much money.