How to Get a Car Loan with Bad Credit

a car owner learning how to get a car loan with bad credit
 

Many Carlsbad drivers wonder how to get a car with bad credit. Fortunately, there is a way! At Quality Chevrolet, our finance team is here to help you learn how to get a car loan with bad credit and the necessary steps to take. Be sure to check out new vehicle specials before you apply for financing online. Read on to learn how to get a car with bad credit history! 

 

 

Getting a Car Loan with Bad Credit History 

So, you’re not sure how to get a car loan with bad credit? Wondering how to get a car when you have bad credit? Our finance team near Poway can help get you on a monthly payment plan that works for you, as well as help you learn the best steps to take for a bad credit loan. Here are the steps for getting a car loan with bad credit: 

  • Determine how much you can afford to pay. As you calculate this number, it should include not just the sticker price you can afford for a vehicle, but also annual registration fees, car insurance, maintenance costs, and gas costs.
  • Make a bigger down payment if possible. If you’re one of the Oceanside drivers who doesn’t have the best credit credit, consider putting down a larger down payment. Lenders will find you more favorable and you won’t pay as much in interest over time. 
  • Try to clean up your credit report before applying for a loan. If you find any errors in your credit history, dispute them before applying for the loan. If you have any unpaid debts, pay them as soon as you can, even a small decrease in debt can help your credit score increase a small amount before you get your loan.
  • Be honest about what kind of car you should buy. Be mindful of choosing a vehicle that you can afford instead of choosing your ‘dream car’ that is outside your budget. 
  • Shop around with lenders. Shop around for lenders, your first approval may not be your only one. Apply with several lenders to compare the rates.

Finance with Us at Quality Chevrolet! 

Now that you know how to get a car loan with bad credit, contact us with any additional questions on how financing works! Quality Chevrolet is here to help you secure the keys to a new or pre-owned vehicle you love at a price you love even more. Our goal is to pair our customers with finance plans that work with their budget, so they can use their loan as a means of steadily increasing their credit score. 

 

More from Quality Chevrolet

  • 2022 Chevy Silverado HD Specs

      The 2022 Chevy Silverado HD line offers Oceanside drivers the superior capability of the Chevy Silverado 2500 and 3500 models. When your job site needs a truck that can work miracles, you need a 2022 Silverado HD gas or 2022 Silverado HD Diesel model, whether that’s the 2022 Silverado HD 2500 Diesel or gas…

  • 2022 Chevy Equinox Trim Levels

      The Chevy Equinox is a great compact SUV for a Oceanside lifestyle. With plenty of space for everyone and their belongings, you can’t go wrong with an Equinox! All you have to do now is determine the configuration. Here, we’ll go over each of the 2022 Chevy Equinox trim levels, so you can figure…

  • 2022 Chevy Colorado Towing Capacity

      The 2022 Chevy Colorado is a midsize pickup with supersized capabilities, and the immense towing capacity is a prime example. In fact, the latest Chevy Colorado towing capacity reaches up to 7,700 pounds when properly equipped! Get to know the 2022 Chevy towing capacity at Quality Chevrolet, and stop by Escondido to see our new…

AudioEye
Search
Contact

Contact Us

Main 760-871-4005 Sales 760-871-4005
1550 Auto Park Way
Escondido, CA 92029
Glovebox
Chat
Search
AudioEye
Contact Us

Contact Us

Main 760-871-4005 Sales 760-871-4005
1550 Auto Park Way
Escondido, CA 92029
Glovebox
Chat
Quality Chevrolet , .