It actually was Toyota that gave tier 1 to a ~550. It was auto approved at a slightly lower tier, but still better than anyone thought and the finance manager called it in and got it bumped to tier 1. We were all in shock, believe me. Customer traded in a rusted Tacoma and out another 2k in cash down. About $4k doen total. Customer had 4 pif TFS loans never late. She just didn’t pay credit card debt.
That’s the moment I realized credit scores were completely arbitrary.
Wow, just wow, that isn’t going to happen any time soon now that the banks are hurting a bit.
I just don’t agree with the ‘blanket statement’ of arbitrary. A Score will give you a quick idea if you are good or bad, Then they apply some other filters that can color it. But ok you found ONE outlier, I don’t think that’s going to repeat itself often.
If 9 people with 550s get T7 and 1 guy with a 550 gets a T1 doesn’t mean it’s arbitrary, it means the management has a secondary rule for their ‘special customers’. We call that they ‘loyalty discount’, and that guy knew that Toyota loved him or he knew not to bite the hand (Toyota) if he plans to change his car often. Toyota has a T7 price for reason, people will get the T7 rate. And sometimes someone has something special and gets special treatment.
But thanks for that datum, my mouth is still open from the thought of someone who can’t even get a Walmart card (Because he doesn’t pay them) but still able to get a new car.
Secured debt (backed by the vehicle) vs unsecured debt.
If there was a trade-in involved, LTV was probably within reason as well.
You should check the CCAP portal for their FAQs. They state beacon score is not the only factor used and that they don’t have a minimum beacon score for Tier 1 because they look at a number of factors.
CCAP approves anyone with a pulse, lol
What did the payment come out with supplier pricing?
Details? Looks good 
Good job calling their bluff. It’s possible you were Tier 1 the whole time and they were just looking to bump up the MF.
In the future you can always ask to see your score and Tier on his computer screen after he pulls the credit. If I’m not mistaken he’s legally required to show it to you.
I don’t think it was a bluff, it was either a lazy F&I OR the fact that Credit Karma is at 720 which doesn’t mean anything to FICO Auto 8.
Repos are here and banks are tightening up.
And he’s not legally obligated to show you his screen, he’s legally obligated to give you a printout with a tiny 3 digit number near the top.
With gm employee pricing and lease loyalty it is $430 a month tax included , 39 month 10 k a year . I put $1k down and first payment is included in that . Msrp just just under 45k .
Nice deal! Good to see dealers starting to honor supplier/employee pricing.
Enjoy the beast!
Thank you :))
Congrats on sticking to your guns and getting the tier you deserve. Enjoy the new ride!
Post pics!
Credit Karma (I use them also) specifically says that the credit rating they give you isn’t the same as what lenders might potentially use. Since they market services to you, I would imagine they are trying to paint as rosy a picture as possible. It’s very possible the credit rating that the lender used is a lower score.
Looks great just please remove that “Spitzer” emblem off the rear bumper.
The CA dealers dont do that
I took it off when I got home lol
You going to share the lease deal? 
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