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Problems with Your Auto Loans? Check Out Used Car Buying Tips with Poor Credit in Arlington!

July 13, 2021  

roblems with Your Auto Loans? Check Out Used Car Buying Tips with Poor Credit in Arlington!

By definition, poor credit is considered any score from 300 to 579, and it can have massive effects on loans, finance deals, and payment plans. Even automotive decisions can be affected by bad credit rankings. However, not all hope is lost. This blog covers some used car buying tips with poor credit in Arlington.

Side note: While you work to elevate your credit score, there’s no reason you have to miss out on driving an affordable vehicle. However, it’s important to remember that the higher your credit rankings, the better your chances of getting better loans and financial plans in the future. This applies to anything from homes to cars and more, so be sure to make your credit score a priority.

Make a Significant Down Payment

Regardless of how you got it, poor credit can reflect poorly on your history of on-time payments. A significant down payment of at least 20-percent of a car’s total will help build trust between you and a dealership. For example, if a car is $12,000, try to put down at least $2,400 as a starter payment.

Ask Someone to Be a Cosigner

A cosigner should be someone you trust that trusts you in return. Their good credit history will balance out your poor credit history. It puts you and a cosigner in a partnership of making payments on time.

Tip: Be realistic with your expectations. Go with an affordable, nice used car that you can easily pay off with regular, on-time payments. This will also help you elevate your credit score.

Try CarSmart!

We at CarSmart are well aware that some unavoidable circumstances sometimes, like credit cards or student loans, could tank your credit score. Hopefully, these used car buying tips with poor credit in Arlington have helped you feel more secure and confident. Feel free to give us a call for more information at 888-292-8115.

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This place is great! They really tend to your needs in a car, and work with you to ensure you leave there in a car! Ishmael was my salesman, he was understanding, and offer me great deals! I'm happy with my decision to go to CarSmart, and would HIGHLY recommend them to all my friends and family.

The experience I received from CarSmart was great. The young man D’aunte was helpful and knowledgeable. He along with the other staff members answered all questions. I will definitely recommend anyone is in the market to purchase a vehicle to come to CarSmart.

D’aunte is an excellent salesperson. He makes sure the customer have an rewarding experience with Carsmart.

Came to car smart on Saint Barnabas rd! Didn't think I was going to get approved and varicella and Tim made it happen! They were very professional and honest! So believe when they call and say your job is your credit. It's the truth.

This place was good patient they work with I would recommend anytime Tim an vaurice where very helpful along with the rest of the staff!!

I had a very lovely experience at CarSmart today. They helped me get financed with bad credit. Vaurice, Dante, Ismail and Tim will get you into a new vehicle. They were fast and super professional and very nice. If you need a new car, Come on over to CarSmart. They can get the job done.

I am well,well pleased with the service that I received from CarSmart, especially Dante's. You were an excellent salesman and showed much respect to me and my friend during the purchase of my new vehicle. I appreciate you and keep up the great work 😊.

Vaurice was Great ! Got us in and out in no time. Would definitely recommend this place to family.

I came here not sure if I would leave with a vehicle. But everyone was so great careing and showed so much respect that I was was so over well with the care that everyone gave. If I ever have have to get another vehicle I will have come here. I will refer anyone. The best of them all are Sales Rep. Vaurice was my sellsman and he was extremely great along with Ismail and Haceeb. THANK YOU Carsmart.

Great experience love this car dealer and vaurice was a great help everything was excellent. The process was fast and easy and we got the best deal in the area.