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

Credit History
 

If you need a new vehicle but have less-than-stellar credit, you are likely wondering about your eligibility for a car loan. The good news is that borrowers with poor credit or no credit at all often qualify for bad credit car loans. Whether you’re looking for a new vehicle or a used one in the Palm Beach Gardens or Lake Worth area, Al Packer Ford West Palm Beach is here to help, and we will work to ensure you find the financing solutions that make the most sense for your budget. Learn how to get a car loan with bad credit below, and don’t hesitate to contact us with any questions you might have.

 

 

How to Get a Car Loan with Bad Credit

With a little planning and preparation, you can increase your chances of getting approved for a bad credit car loan and hitting the roads of Delray in a new or new-to-you vehicle. Here are some questions to answer that will help you get organized, set a vehicle budget, and make yourself more appealing to prospective lenders:

  • How Much Can I Afford to Spend? When determining your new vehicle budget, keep in mind that the cost of car ownership is more than just the sticker price or the amount to be financed. It also includes registration fees, car insurance, gas and maintenance, and other expenses. 
  • How Much Money Can I Put Down? Aim to put down as much as you can toward your next vehicle. Not only will a larger down payment decrease the amount you have to finance, but it will also show lenders you are serious and have the resources to afford your new vehicle.
  • How’s My Credit Report? Lenders will check your credit report, so you want to make sure that it is free of errors. Order a free credit report from any of the major bureaus, and if you spot any mistakes, such as paid-off balances showing up as outstanding, file a dispute right away.
  • What Kind of Car Should You Buy? While you should certainly buy a car that checks most if not all the boxes on your wishlist, keep affordability in mind. This is a long-term financial commitment that you want to be able to comfortably afford both now and well into the future.

Apply for a Bad Credit Car Loan at Al Packer Ford West Palm Beach

Now that you know how to get a car with bad credit, why not start the pre-approval process? At Al Packer Ford West Palm Beach, we make it easy–just fill out an application on our website and get pre-approved in minutes. We will guide you through the process and help you drive off our West Palm Beach lot with a vehicle that exceeds your expectations…and not your budget.

 

More from Al Packer Ford West Palm Beach

  • 2024 Ford Expedition Towing Capacity

    Do you need a family SUV that is more capable than the collection of crossovers often seen in the Lake Worth and Delray areas? Then the 2024 Ford Expedition may be the right vehicle for your Palm Beach Gardens family. This full-size, body-on-frame SUV is available in a five-passenger version in two rows or 7-8-passenger versions in three…

  • 2024 Ford Mustang Mach-E Trim Levels

    The 2024 Ford Mustang Mach-E is almost here and has a new lineup of trims. For instance, there’s a new configuration among the all-electric Mustang Mach-E trim levels, and we say goodbye to one of last year’s Mach-E trims. Are you curious about what these changes are? Then keep reading to learn all about the…

  • 2023 Ford Explorer Towing Capacity

    Are you still trying to figure out how much a new Ford Explorer can tow around Palm Beach Gardens? The 2023 Ford Explorer’s towing capacity reaches up to 5,600 pounds when properly equipped. This year’s model allows you to comfortably seat seven passengers and utilize a hybrid powertrain. Find out more about the latest Ford Explorer’s towing…

Menu

Get Directions

1530 North Military Trail, West Palm Beach, FL, 33409
Al Packer Ford West Palm Beach 26.699735, -080.111105.