Bad credit shouldn’t stand between you and a quality car.
At NJ State Auto Auction (Used Car Dealer), you can rest assured that you’ll remain in the driver’s seat even when other area dealerships try to put the brakes on your car-buying journey because of bad credit. If you have been turned down and not-approved for auto financing, just come to NJ State Auto. We specialize in bad credit car loans.
We begin with a pre-approval process that allows us to determine what kind of financial assistance you may need to get behind the wheel. Then we go to work with our large network of financial institutions and lenders to find the type of accommodation you’ll need for your situation.
By working with a wide range of auto financing companies and banks that specialize in helping people with bad credit, we’re able to find a price and payment amount that works for almost every budget. No two customers are the same, and we work to find a solution for each individual’s needs with a custom-built finance package.
Our used cars for sale inventory features a large selection of affordably priced vehicles to give you a good starting point for your financing plan. Fill out our easy online application today to get the process started. At NJ State Auto Auction -- We Get You Driving!
If you have low credit score, you may think that buying a new vehicle is out of the question. At New Jersey State Auto, we can help you even when others won't. Our easy prequalification process, flexible lenders, and extensive selection of quality vehicles can help you get back on the road today.
When buying a car, lenders will look closely at your FICO credit score. Your FICO score includes your total debt, payment history, and length of your credit history. Credit scores can range from 300 to 850. The higher your credit score, the more likely you are to qualify for a loan with a low-interest rate. Things that can negatively affect your credit rating include having a short credit history, making payments more than 30 days late, and incurring lots of debt.
A bad credit rating is any rating that is at or below 580. Car loan options are still available to you, even with a low credit score. If you're timely with debt payments, you're more likely to get a loan with a low percentage rate. Other factors that can help you get a low car loan rate include having a stable job, being a homeowner, and providing a down payment of 25% or more.
Take a look at the top eight things you can do to get a better auto loan rate when you have bad credit:
New Jersey State Auto's easy pre-approval process helps us find the right kind of financial assistance for you. The only documents you need to apply for a loan are a driver's license, a pay stub, a utility bill, and your down payment. Best of all, because our pre-qualification process isn't a hard credit check, it won't negatively impact your credit score.
The pre-approval process only takes minutes at New Jersey State Auto. We can pre-approve you over the phone, in our office, or through our simple online application. Pre-qualification is free and only requires basic information, such as your name, address, telephone number, e-mail address, social security number, and birth date. All of your online information is strongly encrypted to protect your personal and loan payment information.
New Jersey State Auto works with an extensive network of financial institutions and car financing companies. These relationships allow us to find a payment plan that works for everyone, no matter your credit score or budget. We'll work with you to create a custom financing package that gets you on the road today. Our friendly and knowledgeable staff have helped customers in Pennsylvania, Maryland, Virginia, Washington D.C., New York, New Jersey, Delaware, and Connecticut.
Not only will you get the best financing at New Jersey State Auto, but you'll also benefit from our large inventory of affordable used vehicles. Families will love our extensive collection of SUVs, minivans, and four-door sedans. If you need a work vehicle, check out our selection of hard-working trucks and commercial vans. We also carry hatchbacks, convertibles, and many hybrid models.
We provide a CARFAX report for every vehicle on our lot, so you can feel confident in your purchase. New Jersey State Auto's prices can't be beat. We price every vehicle at or below its Kelley Blue Book value.
Don't let a bad credit score prevent you from getting the vehicle you need. If you want a quality used car at a great rate, visit us at New Jersey State Auto.