Kia Financing

[cliffnerd5]

I am going in to order a Telluride tomorrow and the dealer asked me to apply for financing on Kia.com ahead of coming in to save time as I asked to be relatively quick. Will this trigger a hard inquiry? The reason I ask is I will be factory ordering the car and it will definitely take longer than the 30 days the pre-approval is good for from Kia. So I assume it would require ANOTHER inquiry once the car arrives to get the loan approved. Am I misunderstanding this? I really don't want the extra hard inquiry for no reason.

Note: I know I have excellent credit and shouldn't have any issue getting their best rates.

Thanks!

 

[392DCGC]

Yes it most likely will be. They could do a soft pull, but I doubt they do. They shouldn't need to do a pull to order the car... I had a dealer ask the same thing when I discussed ordering. Maybe show them a few credit reporting apps for your score and credit accounts for DTI?

Hard inquires really don't mean much unless your credit is less than great. I have 40~ hard inquiries and never have trouble getting approved for anything.

 

[JDoggery]

Did they extend the financing rebate of $1500?

 

[ucinn]

It was good until April 30th...