What are some affordable car brands?

The average credit score needed to finance a car will vary depending on whether you buy new or used, and on your current financial situation. Are you worried about getting an auto loan because your credit score isn't as high as you'd like? Don't worry. Read this to learn how much credit you need ... To buy a car, a credit score of around 660 or higher is typically needed to secure favorable loan terms, though higher scores can lead to better interest rates ... Mar 18, 2025 ... The credit score required and other eligibility factors for buying a car vary by lender and loan terms. Still, you typically need a good credit ... 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 ... Sep 26, 2024 ... The minimum credit score needed for a new car may be around 600, but those with excellent credit often get lower rates and lower monthly payments. Nov 20, 2018 ... In most cases, a credit score of 660 or higher secures a car with a decent interest rate. Some lenders will provide car loans to those who have ... Mar 7, 2025 ... Key takeaways · There is no minimum credit score required to buy a car, but most lenders have minimum requirements for financing. · Most ... 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. Generally, a good credit score to buy a car falls within the range of 660 to 720 or higher. However, it's important to note that each lender has different ...