Where Can I Buy a Car With No Credit?

October 29th, 2015 by

Auto financingNeed a new car but are worried about your credit score? Asking yourself, “Where can I buy a car with no credit?” You don’t need to worry any more when you come to Shannon Motors in Johnston, Providence, or Somerset. Here is some advice for Johnston, Providence, and Somerset car shoppers who have less-than-stellar credit:

  1. Pay cash. If you can save up the money, it’s best to pay cash and avoid taking out an auto loan. It will cost more up front, but less overall.
  2. Take on a shorter loan. It may seem better to take on a longer term loan because your payments will be lower, but you’ll actually end up paying more interest this way.
  3. Find a co-signer. Do you know someone who has good credit and would be willing to help you financially? Ask them to co-sign the auto loan.
  4. Go to a Buy Here Pay Here dealership. If you’re not able to take advantage of any of these other options, a Buy Here Pay Here dealership is a superb option because you can get financed no matter your credit history. A “Buy Here Pay Here” dealership finances the loan directly to you without having to go to outside lenders. This type of car loan is a great way to rebuild your credit score.

Shannon Motors is a Buy Here Pay Here dealership that offers competitive rates and a range of financing options at our used car dealerships in Johnston, Providence, and Somerset. We listen to your situation and get you financing that works for you. All you need to bring in is:

  • Driver’s license
  • Proof of income
  • Dated bill from current address
  • Down payment of at least $99
  • Documents for trade-in, such as title (if applicable)

Buy a Used Car With No Credit at Shannon Motors

We hope our Johnston, Providence, and Somerset customers come see us to purchase their next used car, truck, or SUV, regardless of their credit history. If you have additional questions about financing or leasing, visit one of our dealerships or call 800-559-1000.

Posted in Car-Buying Advice