I need to buy a car as soon as possible. I want to use USAA services as I have another accounts with them. I have worked hard over the past 2 years repairing my credit, and had it up to about 640. However, I recently opened new student loans and a credit card that the balance is close to limit, so those accounts have lowered my credit back down to approximately 580-590. However, I have good income, work for the government, and have not had a late payment in about 5 years. What is the best way to purchase a car (lease vs. finance and new vs. used), and what is lowest score USAA would approve for a finance loan?
I would just like to add that I need a reliable SUV with 4WD/AWD for my children and also reliability of getting to work in the snow (in law enforcement and I can not call out), so that is why I have not been able to just buy a little small used car.
Thanks for posting! If you give us a call here at 210-531-USAA (8722) we can put you in touch with an auto specialist who can take a look at your financials and see what we can do! Thank you.