Car Loans for Bad Credit in Florence, SC
Need a new car but feeling discouraged about your credit status? Not sure if financing is even an option for you? Here’s some good news: Legacy Chrysler Dodge Jeep Ram offers finance options for a variety of drivers — including drivers with bad credit!
With our finance experts equipped to help you, financing your next vehicle with bad credit might be easier — and more affordable — than you think. Whether your dream is to upgrade to a new Chrysler, Dodge, Jeep, or Ram, we’re confident we can make it happen!
Our auto finance center team is here to help you navigate bad credit car loans in Florence, SC, and secure the best payment plan for your situation. Learn more about bad credit financing below, and whenever you’re ready to take the next step toward upgrading to a new vehicle, stop by our car dealership in Florence, SC!
Auto Financing With Poor Credit: Frequently Asked Questions
Let’s clear up some questions you may have about financing a vehicle with poor credit. Here are some frequently asked questions.
Q: Can I finance a car if I have bad credit?
A: At Legacy CDJR, the answer is yes! Our team has helped many different drivers from Florence and beyond finance a quality vehicle despite credit challenges, and we’re committed to helping you, too. Explore your options with one of our finance experts today!
Q: How can I start the pre-approval process online?
A: Legacy CDJR makes it easy to get pre-approved! To get started, all you have to do is complete our four-step secure online finance application whenever you’re ready. Then our team will reach out with options tailored to you.
Q: Does applying for financing impact my credit score?
A: It can. When you apply for a car loan, a hard credit check is run. This can result in a minor drop in your credit score, but the good news is that it should only be temporary.
Q: Should I buy a new or used car with bad credit?
A: Legacy CDJR can offer financing for new Chrysler, Dodge, Jeep, and Ram models and used cars, trucks, and SUVs. Everyone’s situation is different, so talk to one of our finance experts about your specific situation to see what makes the most sense for you. We’re here to help!
Q: Can financing a vehicle help rebuild my credit?
A: Yes! Financing a vehicle can significantly help you rebuild your credit. As you keep up with your monthly payments, you can expect your credit score to gradually improve.
Q: Do I need a down payment for bad credit financing?
A: You may have to make a down payment if you have bad credit. Even if it’s optional, though, making a significant down payment can help reduce the amount you’ll have to pay back and help position you as being more dependable.
Q: Do I need a cosigner in order to get approved for a car loan with bad credit?
A: Not always. However, if someone you know is willing to be a cosigner, this can boost your chances of approval and help lower your interest rate.
Q: Will my monthly payments be higher if I have bad credit?
A: Bad credit might mean higher monthly payments, but you can count on our team to find an affordable payment plan that suits your situation. Feel free to use our payment calculator to estimate your monthly payment or calculate your buying power today!
Q: Is there a way I can make getting approved with bad credit more likely?
A: While we’re confident you’ll get approved here at Legacy CDJR regardless of bad credit, there are ways you can help set yourself up for success. These include providing as much of a down payment as you’re comfortable with and securing a cosigner.
Q: What if I’ve been denied a car loan in the past?
A: Don’t let getting denied in the past stop you from applying for financing. Our goal is to get you approved today! Our experienced team is ready to explore all available options to help you secure manageable financing so you can upgrade to the car you need.
Have further questions? Let us know! Our team will be happy to provide more information about financing with bad credit and your finance options here at Legacy CDJR. Contact our auto finance specialists today!
How to Prepare for Your Financing Appointment
Are you ready to begin the financing process? Here are a few tips to ensure you’re prepared to meet with one of our finance experts and to help make the process go smoothly. Before you know it, you’ll be the proud owner of a new or new-to-you sedan, truck, minivan, or SUV!
Things to Consider
- Do you know where your credit stands? If not, be sure to check. Do you know how much you can afford to pay for a vehicle? You’ll want to figure out a manageable budget before you stop by our dealership.
- Do you have a vehicle you can trade in? Great! Trading in a vehicle can help make financing more affordable. You can value your trade-in online and see how much it may help with financing!
- When you’re ready to finalize your purchase, make sure you have all the details and clearly understand what you’re signing. Ask our team if you have any questions!
- Browse vehicles in advance. Scroll through our new or used inventory to find models that align with your budget and preferences. Then be sure to take a test drive!
- Get pre-approved. We offer a convenient online application, which can help streamline the financing process.
Documents to Bring
- Your driver’s license.
- Proof of income (This might be pay stubs or bank statements)
- Proof of residence (This might be a utility bill or lease agreement)
- Proof of car insurance
- If trading in a vehicle: the title and registration of the vehicle you’re trading in
Got all of your documents gathered? Our financing team looks forward to working with you soon!
Finance Your Next Car With Legacy CDJR!
We hope you’re feeling more confident as you consider upgrading to a new Jeep SUV, Ram truck for sale, new Dodge vehicle, or Chrysler minivan from Legacy CDJR. You’ve got a team of finance experts waiting to assist you in financing a car, truck, SUV, or minivan you love. You can rely on us to find a solution that meets your needs!
If you have any questions about CDJR financing or low credit car loans near you, feel free to ask! Browse our new and used inventories, and whenever you’re ready, come visit your local Jeep dealer in Florence, SC, for a test drive. No matter your financial standing, you’re welcome here!