What credit score range typically qualifies for the best interest rates on car loans?

Jul 25, 2024 ... You typically need a FICO® Auto Score of at least 670 or a VantageScore® (3.0 or 4.0) greater than 661 to get a traditional car loan with good terms. 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. Jul 7, 2020 ... So, what credit score do you need to buy a car? There's no official industry standard minimum credit score that you need to secure a car loan. 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 ... What credit score do I need to finance a BMW? We always look for ways to ... purchasing BMW Lease Protection for your next vehicle. GET IN TOUCH. Choose ... In 2020, the average credit score for drivers getting auto loans was 721 for a new vehicle and 657 for a used car. Jul 23, 2021 ... The good news is that there is no bottom line cut off for a credit score in order to purchase a vehicle. In general, this varies from lender to ... 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 ... Make a higher down payment. This will mean that you'll need to borrow less money. Shop around to different lenders and see how their car loan rates compare.