If you walk into most car dealerships with bad credit, you probably won't be welcomed with open arms. But when you walk into our dealership, we will be happy to see you. That's because we have lots of experience in helping people get a bad credit car loan. We know you need a reliable car to earn a living so we're here to help you. Here are a few tips we’ve learned.
Tip #1: Focus on buying a lower-priced car
When you have bad credit, it's a lot easier to get a car loan if you don't try to spend more than you can afford. We have a wide variety of vehicles and we always have a good selection at around $10,000 or less. By applying for a car loan at a lower amount, buyers from Green Brook and Woodbridge, NJ tell the lender you're serious about making your payments and you're more likely to get approved.
Tip #2: Be willing to do your part
When you have bad credit, you will be asked to do some things other applicants won't. For example the lender might require a higher down payment than usual. You might have to come up with a co-signer and supporting documentation about your wages and income. Look hard at our new inventory and our used inventory to find a vehicle you can afford.
Tip #3: Do your homework
Buyers from Jersey City and Newark NJ can apply for a loan on our website and get a good idea of how close you are to getting approved. If your first application gets turned down, lower the amount you want to borrow and increase the down payment. If those steps don't work, talk to the specialists in our finance center. We’ll help you get the bad credit loan you need at Maxon Buick GMC in Union NJ.
