How Can I Get Car Financing with a Bad Credit Score?

How Can I Get Car Financing with a Bad Credit Score?

At Wilde Lexus Sarasota, people visit our finance team and ask, “Can I get a car loan with bad credit?” The answer is: yes! The experts in our finance department are here to help you figure out how to finance a vehicle with bad credit. See how you can get a great deal by taking advantage of one of our new vehicle specials!

How Can You Finance a Car with Bad Credit?

At Wilde Lexus Sarasota, our finance team will make it as easy as possible for you to obtain a bad credit car loan. To get started, apply for financing online to get pre-approved, then work with our finance experts directly to discuss a payment plan that works with your budget.

What Steps Should I take To Get a Car Loan with Bad Credit?

If you’re considering a bad credit car loan, there are a few things to consider beforehand to ensure you’re making the best financial decision.

  1. Determine how much you can afford to pay per month based on your budget.
  2. Make a bigger down payment if possible.
  3. Try to clean up your credit report before applying for a loan.
  4. Be honest about what kind of car you should buy, and don’t get more than you need.
  5. Ask questions!

Improve Your Credit Score

Many drivers don’t realize this, but you can take out a car loan with bad credit and still be able to make your payments on time each month. Doing this will help you improve your credit profile and credit score, which gives you more lending power down the line for lower interest loans and credit cards.

Finance a Car with Bad Credit Near Lakewood Ranch Today!

Once you’ve secured a bad credit car loan, visit Wilde Lexus Sarasota and test drive your desired vehicle. Need help with a down payment? Consider trading in your current vehicle, and our handy value your trade tool, you will get you an estimate on your vehicle’s value. Have additional questions? Contact us today!

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