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If you need a new or pre-owned car for your Fort Myers commute, you may wonder what credit score is needed to finance a car. Dont’s worry; many auto dealerships, like Val Ward Cadillac, offer bad credit car finance options. We take all the hassle out of financing a car! Read on to learn more, and reach out to our finance specialists to hear about your options. Let’s get you behind the wheel of a new or pre-owned Nissan today!
The average credit score to finance a car is 721 for a new vehicle and 657 for a pre-owned vehicle. Many Cape Coral drivers can qualify for bad credit car financing regardless of their credit score. However, the lower your credit score, the higher the interest rate. Here is a summary of the different categories for credit scores:
So, what credit score is needed for bad credit car finance around Naples? The credit score required to finance a vehicle depends on the lender. They will consider the following:
If you’re still unsure what credit score is needed to finance a car, we invite you to discuss your situation with the finance team at Val Ward Cadillac near Bonita Springs. You can start the process by completing an online finance application and getting an estimate for the value of your trade-in. Don’t wait! Get started today!
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