Who has the best deal on a 2020 SUV?

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Best End-of-Year SUV Deals in 2020

2021 Kia Seltos: $189 per month for 36 months.
2020 Mazda CX-5: 0% financing for up to 60 months.
2021 Kia Sportage: $139 per month for 24 months.
2020 Ford Escape: 0% financing for 60 months.
2021 Jeep Renegade: $159 per month for 39 months.
2020 Subaru Forester: 0% financing for 63 months.

What credit score will get you zero percent financing?

Zero percent financing deals are generally reserved for borrowers with excellent credit — typically classified as a credit score of 800 and above. You’ll want to review your credit reports on your own before you start shopping for auto financing.

Is there any downside to 0% financing?

Zero percent auto loan financing may be difficult to qualify for. Those offers are usually reserved for buyers with an excellent credit rating and a long credit history. A car shopper may see the zero percent rate advertised and be attracted by the deal only to find they don’t qualify.

Will SUV prices go down in 2022?

As production of new cars begins to pick back up, we should start to see a decrease in prices for both new and used cars. Based on Clark’s predictions and recent industry data, this could begin to happen throughout 2022 and the market may normalize by the end of this year or early next year.

Which FICO auto score does Toyota use?

Auto dealerships use the FICO credit bureau, which stands for Fair Isaac Corporation. They also use the FICO Auto Credit Score, which has a range of 250 to 900.

Does interest free financing affect credit score?

Credit scoring models don’t consider the interest rate on your loan or credit card when calculating your scores. As a result, having a 0% APR (or 99% APR for that matter) won’t directly impact your scores. However, the amount of interest that accrues on your loan could indirectly impact your scores in several ways.