What is a good credit score to buy a car?

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? · While you can find financing with any credit score, a good credit score for a car loan is usually between 670 and ... Credit Score to Finance a Car: What to Expect · Superprime: 781 to 850 · Prime: 661 to 780 · Non-prime: 601 to 660 · Subprime: 501 to 600 · Deep Subprime: 300 to 500. Apr 11, 2024 ... Applying for a luxury auto loan often requires a credit score of at least 700. Many lenders prefer a “very good” credit score of 740-799 or an “ ... Getting Car Financing With Bad Credit. What credit score do you need to obtain financing for buying a car? That depends because Oakwood drivers with a deep ... Apr 16, 2021 ... You will likely need a credit score of 500 or above to qualify for an auto loan. A credit score range of 780 or better typically gets you the best rates. 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 ... In 2020, the average credit score for drivers getting auto loans was 721 for a new vehicle and 657 for a used car. In 2019, the average credit score for a new car loan was 715 and the average credit score for a used car loan was 662. When buying a new or pre-owned Mercedes-Benz, many car shoppers often ask, “What is the credit score needed to finance a vehicle?