What Credit Score Is Needed to Finance a Car near Alcoa, TN

January 13th, 2023 by

Auto Loans

Buying a new vehicle can be a daunting task. It’s a big decision that can really affect your finances. That’s why Ole Ben Franklin Motors of Alcoa, Tennessee employs the very best in our financial department to take the stress out of the purchasing process. Read more about what credit score you need for financing and how to finance your dream vehicle.

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Credit Scores for Financing

Having a good credit score is a great way to ensure you can get financing for your next vehicle purchase. However, a bad credit score does not doom your automotive future. No matter your credit score, we can work with you to find the right financing plan for your budget. The ideal average credit score to finance a vehicle is 721 for a new vehicle and 657 for a used one. If your credit score doesn’t quite reach these thresholds, don’t worry. You can still qualify. Our financial gurus can find the right options for you based on your specific credit situation. There are also some things you can do to improve your chances. Proving you’ve never missed a payment, providing proof of your financial responsibilities, showing us your employment situation, or putting 25% down on your vehicle are all great ways to ensure you qualify for an auto loan with a competitive interest rate.

Guaranteed Financing and Credit Approval at Ole Ben

Don’t let a tough financial situation or bad credit score prevent you from applying for an auto loan through Ole Ben. Fill out our online credit application with basic information about you, your job, and what kind of vehicle you want to purchase, and we promise the finance experts at Ole Ben Franklin Motors will take care of the rest to find you some great loan options to fit your situation. We guarantee financing no matter your credit score or current life position.

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Great Vehicle Selection at Ole Ben Franklin

A wide variety of choices means you have more options when shopping with Ole Ben Franklin. We specialize in new Mitsubishi vehicles but also carry an impressive array of used vehicles from a range of manufacturers. Whether you’re looking for a car, SUV, or truck, for anything from your daily commute to cross-country adventures, we’ve got you covered. Once you’ve chosen your perfect vehicle, start the financing process right through our dealership to save time and get on the road even sooner.

Why Finance with Ole Ben Franklin

At Ole Ben Franklin, we work hard to find you the right vehicle at the right price. Our finance department will make sure you feel confident and comfortable with a purchase that fits your lifestyle. Everyone deserves a reliable vehicle that fits their needs. We make it our mission to ensure it’s possible no matter where you come from or where you’re going. Let us help you finance your next new or used vehicle.

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