Having poor credit doesn't mean you can't own a reliable vehicle. In fact, purchasing a car could be one of the best steps toward rebuilding your financial standing. Understanding your options and finding the right dealership can make all the difference in your car-buying journey.
Credit scores typically range from 300 to 850, with anything below 580 considered poor and scores between 580-669 classified as fair. Common factors that contribute to low credit include missed payments, high credit utilization, bankruptcies, or simply having limited credit history. If you're wondering about car dealers who accept bad credit, you'll be pleased to know that many dealerships specialize in helping customers regardless of their credit situation.
Purchasing a vehicle through financing can actually help improve your credit over time. When you make consistent, on-time payments, you're building positive payment history, which accounts for 35% of your credit score. Additionally, an auto loan adds to your credit mix, showing lenders you can manage different types of credit responsibly.
Many of our customers ask "where can I trade in my car with bad credit?" The good news is that we accept trade-ins regardless of your credit score! Your trade-in value can significantly reduce your down payment or overall loan amount. Additionally, dealerships often run special promotions, including reduced interest rates, cashback offers, or extended warranties. Knowing where to find the best deals on used cars can save you thousands of dollars over the life of your loan.
Don't let bad credit stop you from getting the transportation you need. Our experienced finance team specializes in working with all credit situations and can help you explore available options, including trade-in opportunities and current specials. Contact Lithia Chrysler Dodge Jeep Ram of Bend today to schedule a consultation and discover how we can help you drive away in a quality vehicle while building better credit for your future.
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1865 NE Highway 20
Bend, OR 97701-4832
