Credit Score to Buy a Car

Having excellent credit score to buy a car is almost necessary if you are in the market for a new car. If you do not have an excellent credit rating new car dealerships likely will not consider working with you. Without a co-signer, first time buyers are often completely out of luck. More and more consumers are being closed out of buying new cars from these dealerships. Many feel like they are out of options.
Regardless of the reasons for your financial situation, if you have a poor credit score, it is not impossible to purchase a car. Used car dealerships will often work with people with poor credit and help them get into a late model, low mileage vehicle.

How to get credit score to buy a car?

Why bother with new cars that lose significant value as soon as they are driven off the lot? Late model used cars come with all the features you find in brand new vehicles at a significant discount.

Financing a used car purchase can even help you rebuild your credit. Over the lifetime of an auto loan, you are adding points to your credit score every month that you make consistent and timely payments. You will start to see a major difference in your credit score in months.
If you have no credit, financing the purchase of a used car can be an excellent way to build a solid credit history. When you are just starting out, your credit score is essentially zero. As long as you can make consistent monthly payments, you will have an excellent credit rating in just a few short months! This will allow you to be approved for other major purchases or credit cards.

How much cost credit score to buy a car?

There is no minimum credit score to buy a car at Karhouse Auto Finance. Our network of lenders makes it their business to help high-risk applicants. Whether you are a first time buyer or just someone who has made a few mistakes financially, we can get you financed. There is no credit score too low to buy a car with us. Interest rates are slightly higher for people with very bad credit histories, but regardless of how low your credit score is, we will get you on the road.
You can start shopping our inventory online right now. Once you see something you like you can call, email or just stop by and see us in Eugene. We are here seven days per week to answer any questions you have about our vehicles. Our friendly sales staff is committed to making the credit score to buy a car as painless as possible.