Did you know you can still get a car loan with bad credit in San Antonio Texas? Yes, there are car dealers that are going to have strict requirements for car loans regardless of the new or used car you’re looking for.
Some car dealers are even going to have a credit score requirement. Car buyers in San Antonio with bad credit there are options but you may have to work with a specific car dealership.
Don’t count out $99 down car lots in San Antonio you don’t want to make them your first choice see what the car dealership can do for you.
Before taking out an auto loan you want to determine what you can be eligible for and what kind of rate your going to be looking at. The better credit you have the lower the auto loan rate will be.
How the down payments help with car buying in San Antonio Texas
That is why down payments matter and you really don’t want to just stick with the $99 down car payment if you can put more down it will help. Reason we say this is because with an auto loan you are telling the bank you will pay back the loan plus interest.
So to lower your interest paid you want to put a down payment of $500 to $1000 down on the vehicle or have a credit score better than a 600. When looking at these kinds of down payments you are usually going to have the car dealer showing you used cars on their car lot. Not to worry because you might be able to work out a deal on a low mile used car that still has the upgrades you want.
There are buy here pay here car dealers in San Antonio that can help that they don’t normally look at your credit score they look more at your income. The one thing that we want to point out with buy here pay here car dealers is that they like to get a weekly payment or bi-weekly payment for the new or used car.
It’s an option for you if you can’t get a conventional auto loan. There are a lot of people that search for low payment or no down payment cars in San Antonio or buy here pay here car lots.
How to connect with the car dealerships in San Antonio Texas
Regardless of your credit we can connect you to a car dealership that will work with your income or other special finance needs to get you in a car. We have car dealerships all over Texas that we work with for special auto financing and know the kind of new and used car inventory they have.