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Posted

Does anyone know what Fico credit score number is required for Tier 1 and Tier 2? I know my credit scores but not my Tier and am wondering what kind of interest rate I would get if I wanted to finance a Lexus now.

Many thanks!

  • 4 weeks later...
Posted

car dealership have a different scoring model than mortgage and the report that you will get from credit agency by yourself.

Auto Loans history weight heavier on car dealership credit report. So the score you have right now might now mean anything to the dealership.

but the rule of thumb, if you have 720+ on regular scoring model, you should have no problem to get the special interest rate that they offer from Toyota/Lexus Financial.

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