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Are you looking to buy a new car but you want to know more about how your credit score can affect your financing opportunities? Jun 29, 2023 ... Most used auto loans go to borrowers with minimum credit scores of at least 675. For new auto loans, most borrowers have scores of around 730. Apr 19, 2022 ... Key Takeaways · You'll most likely be able to secure auto financing if your credit score isn't "deep subprime" or very bad, which is considered ... Theaverage credit score to finance a car is 660, but every credit score is grouped into one of five categories. Oct 12, 2022 ... Depending on the credit model used, your score can vary widely with lenders. Read on below for the two most common scores, FICO and FICO Auto. The journey to financing a new, used, or certified pre-owned car is an exciting process often filled with several important considerations to make. In 2023, the average new car credit score was 733, while used models tended to hover around 690. Here's how credit scores tend to break down across various ... You don't need some magic credit score to get a car loan. Most people and most credit scores — good or poor — can get one ... That being said, there's a big difference in the loan rate. If you possess a credit score around that 713 number, you may see an interest rate around 5 percent. Get New Auto Loans and Used Car Loans at low rates from Mountain America ... What kind of credit score do you need to get a car loan? The credit score ...