How Can I Get Bad Credit Car Financing?

Credit History Document

 

Just because your credit isn’t perfect doesn’t mean you should have to go without a car. If you’re wondering about how to get a car with bad credit in greater Halifax, MacPhee Ford is here to help you find the vehicle you need without breaking your bank.

Take a moment to learn about what to expect when applying for a loan with imperfect credit, as well as all of the ways MacPhee Ford works to help you cut down costs. We’ll even provide some suggestions about which pre-owned models work best for certain budgets. Once you’re done reading, explore our used vehicles and contact us to arrange a test drive!

How to Prepare for Your Bad Credit Car Financing Application

At MacPhee Ford, we work with national lenders and have the flexibility and network to secure a bad credit car financing loan that won’t break the bank. If you’re wondering about how to get a car with bad credit at a dealership near Bedford, follow these simple steps on how to prepare for the process of securing a car loan with bad credit:

  • Develop a Budget: When you pursue bad credit car financing, it’s going to be important for you to find a loan you can realistically pay off. That way you can raise your credit score and avoid further infractions. The best way to do this is to develop a budget that works well for your monthly budget. The smaller the car loan, the lower the payment, so our affordable vehicles would be excellent options. As you budget, don’t forget to factor in car insurance and registration fees.
  • Consider Making a Larger Down Payment: When your credit isn’t great, it can be difficult to find a loan. One of the easiest ways to earn the trust of a lender is to put down a larger down payment. Not only will this lower the amount of overall interest that you pay and shrink your monthly payment, but it will also show the lender that you’re committed to paying off the vehicle.
  • Clean Up Your Credit Score: If you can pay off a few outstanding debts before you apply for your loan and boost your credit score, you’ll be in a better position to secure a loan and to barter for a lower interest rate.
  • Apply Through a Dealership: At a dealership, we can take a closer look at the nuances of your financial history. Say you took out a big business loan that’s been dragging down your score, but you have a history of reliably paying off debts. By working with our financiers, we can take these details into consideration and help you build a case to the lenders that we regularly work with.

Affordable Vehicles That Work Well for Tight Budgets

Used vehicles that were built in the 2000s and 2010s can last well over 320,000 km. We have plenty of used vehicles on our lot for under $25,000 with little more than 160,000 km on the odometer. Take a look at our inventory and you’ll be sure to find a vehicle that fits your needs!

How Can MacPhee Ford Help You Secure Bad Credit Car Financing?

At MacPhee Ford, we pride ourselves on helping our Sackville neighbours find the vehicle they need, regardless of their background. Our associates are on standby to answer any additional questions you might have about how to get a car loan with bad credit. In addition to helping you navigate the steps of how to get a car with bad credit, we can help you find a great deal. That way, you can cut down on the costs of your next car and set yourself up to succeed when paying off your loan. Explore:

To get started, give MacPhee Ford a call at 902-434-7700!

More from MacPhee Ford

  • 2024 Ford Bronco Sport Trim Levels

      The Ford Bronco Sport is a more affordable, and slightly more compact version of the Ford Bronco. If you’re looking for an off-road optimized crossover that’s every bit as fun to drive around Halifax as it is practical for your Bedford commute, then take a moment to explore the Ford Bronco Sport trim packages….

  • 2023 Ford F-150 Lightning Range

      Lower your refuelling costs and maintenance costs with your next new vehicle thanks to the 2023 Ford F-150 Lightning, the automaker’s first all-electric pickup truck available to Halifax shoppers. This pickup will revolutionize every drive, weekly errand, and property management task you have near Bedford. Find out everything you need to know about the…

  • 2023 Ford Mustang Mach-E Trim Levels

      Ford continues to lead the way in automotive innovation with the introduction of the 2023 Ford Mustang Mach-E. This all-electric SUV offers Halifax residents a groundbreaking level of fuel efficiency, a pleasant surprise considering its lineage as a muscle car. With four distinct Ford Mustang Mach-E configurations available, there’s a price point to suit…

  • This field is for validation purposes and should be left unchanged.
MacPhee Ford 44.670464, -63.533426.