Originally Posted by newyen27

It all depends on where you're getting the loan from. I went to my credit union and they were giving me rates based strictly on my credit score, after I got approved of course. They were offering 2.99% for scores at 740+ and 5.99% 700-740. The dealer, who financed me through Chase bank looked at my credit score, my highest credit line, my annual salary, time employed, and came up with a rate of 5.75%. I talked it down to 4.99%, the size of my downpayment didn't affect the rate either.