I plan on buying a 350Z Next week. Around $21k Purchase. I will Finance and Currently have a 680 mid. I also want to buy a house in the near future. I would not drop alot of money in performance or aesthetics when I get the Z to detir the entire money pit.

350Z or Not that is the Question?

 

depends on how much you finance. If it is 680 now, you really need to work on getting that up a little.

 

Buying a car, any car, should not drop your score. Any impact would be in terms of figuring out your total debt to income ratio & whether you show the income to make your mortgage payment with the added monthly expense of a car payment.

 

I agree and with regard to credit score......730 or above is a good.

 

680 is barely over 50%. You need to build some credit. My FICO is over 800 and im 23. Just make payments on time and try to pay off loans early. A higher FICO can yield better APR. You can still buy a Z and maybe a house, but it all depends on debt/income.

 

I figure Yes. I don't have good Credit. Good Credit would be 720+. I recently brought all my revolving CC debt down from 12k to around 100. So i might wait 6 weeks and see what my score is then. Thanks for your Help Gents.