How Your Credit Score Influences a Vehicle Purchase (Across the Lot)

Credit Score Photo

In this episode learn:

What you need to know about your credit before buying a vehicle, how your credit score can affect a vehicle purchase, and the rising popularity of American cars. Special Guest: Zach Funkhouser, Co-Director of New Operations – Lebanon Ford

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Show Length: 20:34

Presented by: Lebanon Ford

Lebanon Ford is a new and used car dealership located in Lebanon, Ohio, serving the greater Cincinnati and Dayton area. Lebanon Ford; Connect, Engage, Drive.

Special Guest: Zach Funkhouser, Co-Director of New Operations – Lebanon Ford


Show Notes

00:38 Introduction of Zach Funkhouser

00:57 Discussion Topic: How your credit score affects a vehicle purchase.

  • 01:21 JC Q1: Recently there have been significant regulation changes when it comes to a business running an individual’s credit. Could you detail some of those changes and what rights do people have?
  • 02:13 ZB Q2: How does a bad credit score affect your ability to purchase a vehicle?
  • 03:34 JC Q3: What is a bad credit score? Does having a lot of debt mean you will have a bad credit score?
  • 04:44 ZB Q4: Can being denied credit for a vehicle purchase hurt your credit score?
  • 05:22 JC Q5: How can customers better prepare themselves for a vehicle purchase in regards to credit?
  • 06:16 ZB Q6: Do you look at scores from all 3 credit bureaus or use the best one?
  • 07:06 JC Q7: Should you allow multiple dealerships to run your credit?

08:35 Answers of the week from last week’s question:  In your Opinion are convertibles “cool” or “lame”?

11:35 Off the Lot News and Notes

11:39 Zach: 2010 Was a Big Year for (Stolen) American Cars

16:20 Jeff: Ford Recalls 1.1M F-150, F-250, Lincoln Pickups

Schedule your recall service needs here, or call 513-932-1010 to speak with the Lebanon Ford Service Department and schedule an appointment.

19:11 Question of the Week: What are some things that you would like to know about credit and how it affects the car buying process?


Contact Us

Check out Lebanon Ford on Twitter, Facebook, and YouTube

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Zach Bello: Facebook and Twitter, and now Google +

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Disclaimer: The views and opinions expressed on Across the Lot are those of the authors and guests and do not necessarily reflect the official policy or position of Lebanon Ford.

About Jeff Cryder Jr.