How can I save money on car insurance?

If your score is lower than 662, not to worry: almost one quarter of all used and new car loans went to drivers with credit scores below 600. Bad credit car ... There's no set credit score that's required to buy a car. Drivers can purchase vehicles with high or low credit scores. That said, most car loan borrowers have ... Mar 10, 2025 ... According to Experian, a target credit score of 661 or above should get you a new-car loan with an annual percentage rate of around 6.4% or ... 661-780 (prime): For car shoppers who fall into the prime credit score rating, you'll receive slightly higher interest rates than those who have superprime ... You should also check your credit score before you go shopping as this can ... Texas law requires the seller of any used vehicle to state on the title ... During Q4 of 2018, the average credit score of borrowers who received financing for a new car was 718, as well as 659 for a used car. What credit score is needed to buy a car? 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. Some lenders will use the industry-specific FICO auto score. You will likely need a credit score of 661 or higher to qualify for an auto loan with a good ... Average Credit Score For Car Financing · Superprime: 781 to 850 · Prime: 661 to 780 · Non-prime: 601 to 660 · Subprime: 501 to 600 · Deep Subprime: 300 to 500 ...