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

At Rick Hendrick Chevrolet Duluth, drivers often wonder, “Can I get a car loan with bad credit?” We are happy to say that the answer is yes! At Rick Hendrick Chevrolet Duluth near Lawrenceville, our finance team can help you secure an auto loan even if your credit score is less than ideal. At our dealership, your dream car can be a reality. Read on to learn some actionable tips for how to get a car with bad credit. When you’re ready to start applying for auto financing, be sure to explore how you can save with our new car specials.

How Can You Finance a Car with Bad Credit?

Our finance team takes the hassle out of securing a bad credit car loan. You can begin the application process from the comfort of your home by filling out our secure online form. After you complete this step, you can work directly with our finance experts to determine a payment plan that meets your needs and budget.

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

Buying a new car with bad credit can definitely be a little daunting, but it’s made a lot easier when you work with a dealership that wants to see you succeed. Some bad credit car dealerships don’t truly have your best interest in mind and merely want to get you to sign the dotted line as quickly as possible. At Rick Hendrick Chevrolet Duluth, we operate differently. We want you to feel like an active, empowered participant in the auto financing process, so you can choose a payment plan you feel good about moving forward with.

If you are considering a bad credit car loan, keep this information in mind:

• Calculate your budget so you know how much you can afford each month. Instead of stretching your budget to the max on your vehicle, remember to leave room for expenses like auto insurance, registration, gas, and car maintenance.
• If you are able to make a bigger down payment, it can be quite beneficial. You’ll lower the total amount owed, pay less total interest, and lenders will view you more favorably.
• If possible, do what you can to boost your credit score before applying for a car loan. For example, you can use your credit card for small expenses or a recurring bill, and be sure to pay the statement on time each month.
• Don’t opt for expensive extras that you don’t really need. Right now, your focus should be getting a vehicle that has only what you absolutely require to get around comfortably — pricey options like leather upholstery can be a goal for the future.
• Do not hesitate to ask any questions that you may have. Wondering if there’s a better option for your finances? Ask! The first option you’re presented with is almost never your only option. You know what’s best for you, so don’t be afraid to advocate for yourself.

Use Your Auto Loan to Enhance Your Credit Score

Did you know that if you take out a car loan with bad credit and make your monthly payments on time every month, you can start to boost your credit score? The higher your score, the more lending power you will have in the future. This means lower interest loans and credit cards. Eventually, you can even reach your goal of bringing home a vehicle with luxury features or a high-performance engine!

Finance a Car with Bad Credit Near Atlanta Today!

At Rick Hendrick Chevrolet Duluth, you don’t have to let a bad credit score prevent you from driving home is a reliable vehicle with the latest features. Contact us today with any questions, and consider trading in your current vehicle for added savings.

If you’re searching for car dealerships that accept bad credit in the Atlanta area, we’re the dealership for you! Before you go, you may be wondering, is it easier to lease a car with bad credit? In some cases, yes, it may be an easier route for some individuals to opt for a lease with bad credit. Learn more in our guide to help determine if this is a better option for you.