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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 ... Need more reasons? Fast & Easy. Get approved online in just 2 minutes. 99 ... What is the lowest credit score to buy a car? Some lenders, particularly ... 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. Mar 19, 2025 ... For example, if your score is 750 or higher, you might be able to land an interest rate as low as 4%. But if your score sits in the 600–649 ... Generally speaking, banks require a minimum credit score of 600 to give an auto loan without any down payment. However, you CAN buy a car with a score of 400 ... 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 ... When buying a new or pre-owned Mercedes-Benz, many car shoppers often ask, “What is the credit score needed to finance a vehicle? Credit scores are maintained by the national credit bureaus and include debt like credit cards, auto loans or student loans. Your score is influenced by ... What credit score is needed to buy a car? 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 ...
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