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How to Get a Car Loan with Bad Credit?

Wondering how to get a car loan with bad credit? Are there bad credit car dealerships with options for you? The great news for Alcoa drivers is that there are certainly bad credit car finance options. Drivers with bad credit from Alcoa to Lenoir City can consult the finance team here at Ole Ben Franklin Motors of Alcoa for assistance with their vehicle purchasing process. Read on to learn more from our skilled finance team for those who are wondering how to get a car with bad credit.

Is It Easier to Lease a Car With Bad Credit?

If you’re wondering how to get a car with bad credit, you might be contemplating leasing. Whether you’re leasing or buying, it’s always easier to get a new vehicle with a good credit score. However, if you don’t have great credit, there are car dealerships that work with bad credit near Alcoa. For leasing, good credit leads to lower monthly payments and a smaller security deposit. Bad credit leads to the opposite. However, keep in mind that for Sevierville drivers with bad credit, leasing still costs less than buying in most cases, so it’s a great option.

Bad Credit Car Finance Tips

Even with bad credit, you can still take advantage of exclusive vehicle specials here at Ole Ben Franklin Motors of Alcoa. Customers from Lenoir City to Sevierville have found that the below tips improved their chances of saving money when vehicle shopping:

  • Find a car within your budget. Contact us to find out exactly how low your monthly payments can be.
  • Check your credit score before you start the process of applying for a vehicle loan or lease with our finance center. Once you know your credit score, you will have a better idea of your overall financial situation.
  • Make a larger down payment. If you prepay for the first couple months of your new vehicle lease, that can lead to better lease terms overall.
  • Bring several months of pay stubs to prove your income. When you provide these, the experts at Ole Ben Franklin Motors of Alcoa can better advise on what deal you qualify for based on your financial situation.

Find Out How to Get a Car with Bad Credit at Ole Ben Franklin Motors of Alcoa!

Searching for car dealerships that work with bad credit near Alcoa can be exhausting. Our Alcoa finance experts are ready to help you drive off the Ole Ben Franklin Motors of Alcoa lot your dream new vehicle. For more detailed information on vehicle financing or how to calculate interest on a car loan, contact us today.

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(865) 980-8216

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911 Louisville Road • Alcoa, TN 37701

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Today's Hours:

Open Today! Sales: 9am-8pm

Open Today! Service: 9am-8pm

Open Today! Parts: 9am-8pm

Ole Ben Franklin Motors of Alcoa 35.7731939, -83.9945617.