Automotive Forums

Ok,

i have a FICO of 690.

i have no revolving debt and no outstanding debt whatsoever.

my gross income is 6000.00 a month. i live in los angeles.

i have a ch 7 bankruptcy filed in feb of 2002.

i have a previous auto loan for 12,600$ from dec 1994 that was closed on jun 1999 and shows on the three bureaus as the following

ex-paid satisfactorily, eq-paid account-zero balance, trans-closed.

basically, i had a lot of problems with the car and i took back to the dealership and told them to shove it.  the way it appears is that this is not hurting me.

i also have a satisfied GMAC that was paid off from a car crash in 1989, but i dont see that one at all on the report.  

my question is since my fico score is 690, i have been with my job for over one year and 6 months, at my current residence for the same, what are my chances of getting a good car loan with say 2000.00 down?

also my consumer info PLUS score, (which i think is a bunch of BS) is EX-714

i would prefer a lease, but i am open to buying and different styles of cars.

i basically got credit scared in 2002 when i had my BK and fell into "pay for everything cash" mode out of fear of doing it again. now i am financially stable and haven't had any credit for 6 years or so. the only thing i've had since then was i bought my HD t.v. from a rent to own place and made every payment on time and it shows as paid in full on my report as of aug 2007.  



what are my chances?


thank you so much for reading.  

I know this is super late reply, but maybe someone else can find my answer helpful.
First off, I'm super surprised you credit score is hovering around 690, nearly 700. For 700, a lot of lenders, such as Acura, will probably give you pretty good rates. If you plan on leasing, don't put down $2000. I would pay the typical, 1st month payment + tag and maybe the acquisition fee and be done with it. That should be no more than 1200 bucks for drive-off. I do think that the previous BK might be a flag, but its been 6 years, and you've been more responsible, so I probably will be ok.
Hope it helps, if you have more questions about leasing, u can hit up my site.  
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