Car dealer that works with bad credit

As a leading Farmington Hills used vehicle dealership, our team helps drivers find excellent deals on high-quality pre-owned vehicles, regardless of their financial situation. If you are shopping with less than average credit, our team will work with you to find a deal that works for your specific situation. We know bad credit can come from unexpected circumstances, and we do not hold it against you. Get started by visiting us in person or contacting our finance center staff online today!

Can I Sell My Car to a Local Dealership for Cash?

Many dealerships give you the chance to sell your vehicle for instant cashback return. At Quattro Motors, our team is here to help you find the right deal for your current vehicle, no matter your credit status or financial situation.

Can I Sell My Vehicle to a Local Dealership Without Trade?

Yes, you can sell your car to our dealership without the obligation of trading for a pre-owned model from our lot. This allows you to move forward on your terms.

Can I Sell My Car to a Dealer Without Buying a New Vehicle?

You have no obligation to buy from Quattro Motors once you sell us your current model. We go the extra mile to ensure you find the right value for your model near Redford, MI, and once you have your return, you can move forward however you would like. If you wish to explore our used inventory, our team will be thrilled to walk you through our quality pre-owned options. If not, you have no obligation and can leave our dealership with confidence and peace of mind.

Is poor credit or no credit history keeping you from buying a new or used vehicle? The auto finance team at our Toyota dealership near Long Beach, CA, is ready to help you with subprime car financing that works for your budget. Your credit history should never get in the way of you buying a vehicle, and it never will when you shop at DCH Toyota of Torrance. Our Toyota financing specialists are happy to discuss bad credit auto financing options and help you learn more about Toyota credit. Worried that your monthly car payments will be too high with a subprime car loan? We’ll match you with a bad credit auto loan near Long Beach, CA, to fit your lifestyle, all the while helping you build your credit at the same time. Our Greater Los Angeles Toyota dealer also works with a variety of banks and lenders so that we can find you the lowest Toyota financing rates available.

Southtowne Auto Mall works with customers regardless of their credit status. We understand that life can throw you a curveball and getting approved for a car loan may not be easy, but that is why we are here to work hard for you to make it happen.  Let us help restore your credit! With 12 dealerships in 1 location, we have more resources than anywhere state wide to get you financing on your next vehicle purchase. Stop by any one of our 12 locations in Sandy, UT today and see how easy it is for us to get you in a new or used car and back out on the road.

Click the links below to view special financing options at any of our 12 Dealerships:

How to buy a car with bad credit

Need to find a car to drive but your credit score is less than you want? Can you get financed for a car with bad credit? The answer is at our bad credit car dealerships, probably yes, though it could take some extra work. 

Your credit is the trust the the auto lenders extend to you. Lenders trust borrowers with excellent credit to pay back their loans on time more than they trust customers with bad credit to do so. That high risk is priced into loans in the form of higher interest rates plus terms that are more restrictive. If you have bad credit, car finance rates can be higher than if you have good credit. But with work, and help through a good finance department, your credit can be improved.

Though you're probably not going to get the lowest rate possible, that doesn't mean it's not worth working towards a better credit score through a new or used car loan. Researching your credit history can help you secure the most affordable car financing. Your goal is to understand where any problems lie, how you can repair your credit score, and how much you can genuinely afford to spend for a new ride. 

Once you have received auto financing, there are things you can do to make the car loan a stepping-stone to better credit. Reach out to our team and we'll help you get back on the road today! 

Bad-credit car dealerships sell and finance vehicles for people with low credit scores, no credit, past bankruptcies, car repossessions or other credit issues.

Some of these dealerships specialize in working with lenders that are more inclined to approve bad-credit borrowers. Their financing sources are more flexible, but their loans can come with a very high interest rate.

Other bad-credit auto dealerships finance the vehicles themselves; some may not check credit at all. Instead, they lend based solely on your paycheck and charge even higher interest rates.

Financing through a bad-credit auto dealership

Car buyers who turn to bad-credit dealerships may feel they have no other choice. They may wind up buying a car they don't like, paying a large origination fee, accepting jacked-up interest rates or signing up for unnecessary services.

The two most used credit scoring models, FICO and VantageScore, have a score range from 300 to 850. In general, car buyers with credit scores in the mid-600s or below will have fewer options and pay higher rates for an auto loan.

However, many credit unions and online lenders do make auto loans directly to borrowers who have less-than-perfect credit. So, shopping for a car loan before you visit a dealership may help you avoid bad-credit car dealers altogether.

If financing at a bad-credit dealership is your only option, you can benefit by knowing how they operate ahead of time.

Dealerships that work with subprime lenders

Some car dealerships work with third-party lenders, often banks or credit unions, that are called subprime lenders. These lenders make loans to borrowers who might not qualify through traditional lending.

Subprime lenders usually do require a credit check, but their approval decision takes into account many other factors. For example, they will consider the reasons behind a bad credit score — such as unplanned medical bills or a job loss — and whether your financial situation is back on solid ground. They are typically looking for a single source of steady income, usually a minimum of $1,500 to $2,000 monthly before tax deductions.

Dealerships that work with subprime lenders may sell new or used cars. They usually have an arrangement with lenders, so that the dealer’s finance officers earn either a flat fee per loan or a percentage of the amount borrowed. Finance officers often have the leeway to adjust a loan rate within the lender’s guidelines, so they may be able to beat the rate of other loan offers you bring to the table.

Buy here, pay here dealerships

Some car dealers offer their own in-house financing for bad-credit customers, and borrowers make payments directly to the dealer. Called buy here, pay here dealerships, or BHPH, they often advertise "no credit check" or "we finance everyone."

BHPH loans can be a fast, easy way to finance a car, but they are also the most expensive way.

BHPH dealers sell only used cars. They usually don’t do a credit check, and some don’t have a minimum income requirement. Instead, they determine what monthly car payment you can make, usually based on the pay stub you provide. Then, they show you which cars on their lot you can buy.

BHPH dealers often match payments to the buyer’s pay schedule, so payments can be monthly, biweekly or even weekly. They often don’t report on-time loan payments to the three major credit bureaus, meaning the loan can’t help to build your credit. These dealers typically do report late payments, and some require a tracking device on your car that also prevents it from starting if you get behind on payments.

Get preapproved before visiting an auto dealership

Before visiting any auto dealership, try to line up your own financing. If you simply settle for financing the dealership offers you, you won’t know if you could have qualified for a lower-rate loan elsewhere.

Try applying to several bad-credit auto lenders yourself. This could be a bank or credit union, or online aggregators that have a network of lenders. Look for lenders that let you pre-qualify to see rate estimates without affecting your credit scores. Select the best pre-qualified offer and ask for loan preapproval.

If you’re able to get a preapproved loan, you can most likely get approved at a dealership that works with subprime lenders. Your preapproved loan gives that dealership a rate to beat. While your loan rate may still be high, presenting a preapproved loan can help you get the best loan possible from the dealer.

If you can’t get preapproved through a lender or dealership and need a car right away, a buy here, pay here dealership could be your only option. Because it’s the most expensive way to finance a used car, it should always be your last resort.

If you finance through a dealer with subprime lending, or a BHPH dealer that reports your on-time payments to the credit bureaus, you may be able to refinance your auto loan later. If your payments have been on time for six- to 12-months, you may be able to reduce your interest rate and monthly payments.

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