What safety features should I look for when buying a car?

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. 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 ... Jan 24, 2025 ... There's no universal minimum credit score required for purchasing a car. However, credit scores play a central role in the car-buying process. 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 ... May 17, 2022 ... Your credit score can influence your auto loan's interest rate and total cost. Learn how you can help lower the rate for your next car. 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 ... 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. But again, you ... 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 ... 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. Average Credit Score For a New Car · Superprime (781 to 850): Drivers in this category can expect to get approved easily with the best interest rates possible.