What Credit Score Do I Need to Buy a Car?
You’re staring at your credit report, wondering if that number will keep you from getting the car you need. What credit score is needed to buy a car varies—most lenders prefer scores of 661 or higher, while specialized lenders approve borrowers with scores as low as 500. At PA Auto Credit, we’ve helped thousands of Pennsylvania drivers secure financing regardless of their credit situation.
Credit Score Ranges to Buy a Car
Super prime borrowers with scores above 781 typically receive the most favorable rates, while prime borrowers (661 to 780) will also have access competitive rates. Near prime borrowers (601 to 660) face higher rates but can secure financing. Subprime borrowers (below 600) will typically need to work with specialized lenders to get approved for a loan.
Improving Your Position
Even if these numbers are currently out of your reach, that doesn’t mean you can’t get approved. To improve your standing, consider paying down debts as you’re able, and review your credit report to make sure there are no discrepancies. Additionally, saving up for a down payment, even just 10 percent, shows lenders that you’re a serious buyer.
How PA Auto Credit Helps
At PA Auto Credit, we work with borrowers across the entire credit spectrum. Our extensive lender network often secures approval when others cannot. We understand that life circumstances—medical bills, job loss, divorce—can impact credit scores. Our specialists review each application individually, considering income and employment history beyond credit scores.