What credit score is generally considered excellent for a car loan?

Jul 19, 2024 ... What credit score do you need to buy a car? · A good credit score to buy a car is often above 660, as you're then considered a "prime" borrower. Sep 8, 2022 ... Before you take out a loan to buy a new car, consider how that loan can affect your credit down the road. 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 ... Jul 31, 2015 ... <---------------> Credit Score: 500-579 – The minimum credit score to buy a car falls in this range. When your credit score is in this range ... 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 ... Oct 14, 2024 ... Or maybe the economics of leasing a car fits your lifestyle better than buying one. No matter the reason you're looking to lease, you lenders ... Mar 31, 2025 ... For the FICO® Score☉ , a good credit score is 670 or higher. Here's what you need to know about how your credit score affects a car loan, what ... 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.