Quote:
Originally Posted by ACZakka325i
You make me worry about applying for credit. Although I have a score of over 740, its reletively new.
Do you not have a job? How could the deny you with a co-signer? Was the co-signers credit/assets not good enough?
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I wouldn't worry too much. I really don't know how he got denied, especially with a co-signer unless he has had trouble managing his money in the past.
I am 23, right out of college and just got my first (new) car with no co-signer, no car loan history, and over 40K in school loans. On top of that I have had my job ~6 months, which is apparently frowned upton. I got a really good interest rate even (6.49% for 63 months).
To the OP: Don't worry about the haters, I get hated on for buying new instead of leasing it all the time by people who think they know everything. On the other hand, getting denied credit for a 335i should tell you something. I would tell you to invest it and wait, but then I would be a hipocrite (sp?)...