You don't have any saved vehicles!
Look for this link on your favorites:
Once you've saved some vehicles, you can view them here at any time.
Are you wondering if financing a car with no credit is a possibility for you? Is so, the answer is yes! While bad credit car financing can be a bit more complicated than financing with established credit, it is possible. The finance team at Hodges Mazda has put together this helpful financing guide to show you how the process works as well as offer some tips before you get the process started on a new vehicle.
When the time comes to search for a finance term agreement with no credit history, keep in mind that it’ll most likely mean a higher down payment and interest rate. And while you should expect a higher payment, be sure to remember that you might have a bit of negotiation room for a no credit car finance option. Keep these tips in mind when you take on bad credit car finance.
Don’t Assume You Won’t Be Approved
If you’re financing a car with bad credit, and your credit score needs some work, we can help. This doesn’t mean you’ll be denied financing. Make sure you talk with our finance team to find a plan that works for you and your needs.
Improve Your Credit Score if Possible
Improving your credit score before applying for financing will help you get lower interest rates as well as lower payments on your new vehicle purchase. To do this, establish action plans include paying off any outstanding debt. Showing this will mean many St. Augustine-area lenders will be happy to work out a payment plan.
Don’t Accept Just Any Offer
If you’re considering financing a car with bad credit, it’s important to note that you have the freedom and flexibility to explore offers from lenders across Orange Park. You may receive a better offer somewhere else. Bad credit car finance offers can be sought from multiple financial institutions. And most are willing to help you improve your credit score.
Be Prepared for Higher Costs
When you’re in need of a bad credit car finance option, there can be some sizeable costs associated with this. Be prepared to put more down on your favorite new vehicle as well as factor in higher interest rates depending on your current credit score before applying for financing.
Learn more car financing tips from the staff at Hodges Mazda near Lakeside today or contact us with any questions about our models, the financing process, and more! We look forward to getting you behind the wheel of your favorite model in no time. To make your car-buying experience even better, check out online car buying with Hodges Mazda. Answer all of your questions about good interest rates and other car-buying concerns with Hodges Mazda.
If the 2021 Mazda CX-30 is a top contender for your next crossover in St. Augustine, you might be curious about how much it can tow. Because this Mazda crossover isn’t rated for towing in the United States, there isn’t a Mazda CX-30 towing capacity. Despite the inability to tow, this crossover still has a lot…
St. Augustine drivers who love outdoor adventures on the weekends and are considering the 2021 Mazda CX-9 are probably wondering “How much can a Mazda CX-9 tow?” Well, you’ve come to the right place for the answer! Whether you opt for front-wheel drive or all-wheel drive*, the Mazda CX-9 towing capacity is 3,500 pounds, which is…
Are you searching for a new SUV with plenty of room for buddies and must-have items on the St. Augustine roads? Then, the 2021 Mazda CX-5 could be your new ride! With more than enough space for five passengers and your essentials, this new Mazda SUV matches your needs. Learn more about the Mazda CX-5 interior…