Wow - what a turn around my credit has been, especially on my EQ report. I purchased a Kia Sorento back in April and was declined everywhere except Americredit which kept my rebate and gave me a rate of 11.99%. Fast foward to this month, and I refinanced the upside down loan at 8% with NFCU and also was preapproved for a 2nd loan for 23k. They sent me a blank check so I would have negotiating power. My rate is 6.5% on a used and 5.5% on a new car. They are the best organization to work with. I will never consider dealer financing, even if they can give me a 3% rate, as it is not worth the hassel I went through. NFCU has been there for me when others turned their nose up. If you have a way into this credit union, don't hesitate to join.
Anyways, with my loan I purchased a 2006 Ford Mustang Convertible. It is a 6cyl, with all leather interior and premium sound system. All for 17,500 which is well below KBB and NADA book value and roughly the black book value. I am very happy with the deal!