Get Your Free Credit Score

Your Next Steps to Securing an Auto Loan

Once you know what your credit score is from our tool above, you will either proceed to apply for financing as usual if you have a decent score or you will wonder how to get a car with bad credit. While the average credit score of drivers securing a car loan successfully ranges from 650 to 720, it is still possible to get a loan near Sparks with a score lower than 650. However, you should expect to receive higher interest rates if you have a less-than-ideal credit score. Learn how to get a car loan with bad credit as well as the option of car financing with no credit check at Lithia Hyundai of Reno below!

How to Get a Car Loan with Bad Credit

Your credit needs some work, but you need a car to commute around Fernley. First things first, our finance experts at Lithia Hyundai of Reno suggest that you reconsider how urgent a car is. If you can wait for a bit, we advise you to use that time to try to improve your credit, so you can receive better plans instead of having to worry about how to get a car with bad credit. However, if you absolutely need a car immediately, you should do the following to get the most favorable financing options possible:

  • Find a model that is reasonably priced and within your budget. We have used options priced under 10K and a cheap overstocked selection!
  • Figure out how much you can afford to pay, which includes the vehicle amount, maintenance, gas costs, and more.
  • Make a bigger down payment to show the lender that you’re committed to paying off the loan. This will also lower the overall amount you owe.
  • Clean up your credit report before applying for a loan whether there are errors or there are payments that you can afford to pay.
  • Shop around with lenders to see what offers you are getting in the area and choose the best one. While you might not be in the best spot, you don’t have to settle for the worst-case scenario!

Secure No Credit Check Car Financing at Lithia Hyundai of Reno

With our tips on how to get a car loan with bad credit, you can make the best of your situation in Carson City. However, when you turn to Lithia Hyundai of Reno, our experienced finance experts can ensure you will get approved! We offer no credit check car financing as well as our Fresh Start Credit program in the Reno area, so contact us today to get your hands on a car and to rebuild your credit back up.