Financing is available but comes with higher interest rates, sometimes exceeding 13%.
While approval is possible, expect APRs over 15% for new cars and potentially over 20% for used vehicles. Key Factors Beyond Your Score what is the lowest credit score to buy a car
Your score determines your "tier," which dictates your interest rate and monthly payment. Financing is available but comes with higher interest
Access to the lowest APRs (often below 7%) and best terms. most buyers (approx. 69%) fall here.
Lenders look at more than just a three-digit number to determine your "risk": What Is the Lowest Credit Score to Buy a Car? - Experian
Considered a "good" range; most buyers (approx. 69%) fall here.