Can You Finance a Car with No Credit?

reviewing car documents



While financing a car with no credit can be a little tricky, you can make it happen, especially when you work with a trusted finance department that can guide you through the ins and outs of no credit car loans. See how to make it possible with the experts at Land Rover Annapolis!

Financing with Bad or Even No Credit

In order to score a car financing with no credit, you should be prepared to come to the table with a larger down payment to help offset the higher interest rates you’re likely to be quoted. Budget appropriately, and keep these car buying tips in mind before signing on the dotted line:

    • Ask questions and don’t assume you won’t be approved. Don’t let your financial situation hold you back. You don’t have to accept your first option, so do your research to find your best rates and deals.
  • Revive your credit score. Even before you start shopping for a new car in Annapolis, making efforts to boost your credit score will go a long way. Limit your credit card spending and pay off the entire balance every month.
    • Know your budget and your credit score (if you have one). Every time you apply for financing, your credit score takes a hit, so schedule loan applications within the same two-week period to decrease risk.
    • Separate price negotiation from financing. Most dealerships work with an extended network of lenders, so make sure you see what they all have to offer.
  • Be prepared for a higher cost. While it’s important to shop around, you are almost guaranteed to pay more for having bad or no credit. You should expect to see higher than average interest rates.
  • Leasing might be a better option. Overall, leasing can be a more affordable option than purchasing a vehicle outright, with lower monthly payments. Explore our current Land Rover lease offers to see how you can save!

Find an Auto Loan at Land Rover Annapolis

Worried about your credit? Our friendly, knowledgeable finance team is here to help. We have a variety of finance tools to help you on your car buying journey, allowing you to calculate your payment and apply for financing from the comfort of home. Contact us with any questions!

More from Land Rover Annapolis

  • 2019 Land Rover Discovery Towing

    The 2019 Land Rover Discovery has a towing capacity of up to 8,201 pounds. Combine this towing capability with the option to have two rows or three rows of seating, as well as a maximum cargo capacity of 88.3 cubic feet, and enjoy the ultimate adaptability of this luxury SUV. Learn more about Land Rover Discovery…

  • 2019 Land Rover Range Rover Evoque Interior

    The 2019 Land Rover Range Rover Evoque interior offers Edgewater drivers plenty of convenience, comfort, and technology. Take a closer look inside the Range Rover Evoque at Land Rover Annapolis, then compare the Range Rover Evoque vs. Range Rover Velar or Range Rover Sport to learn more about the Range Rover lineup. Learn More View Inventory Comfort The Range…

  • Best Restaurants in Arnold, MD

    Curious as to what are the best restaurants in Arnold, MD? We don’t blame you – after off-roading in the Maryland area, you’ve likely worked up an appetite! Discover them all with Land Rover Annapolis! About Land Rover Annapolis Contact Us O’loughlin’s Restaurant Arnold, MD Since 1986, O’loughlin’s Restaurant in Arnold, MD has served up a wide selection of…

Saved
Saved Vehicles ×

SAVED VEHICLES

You don't have any saved vehicles!

Look for this link on your favorites:

Save

Once you've saved some vehicles, you can view them here at any time.

Share
Share This ×

Choose How To Share:

Contact
Contact Us ×

(410) 907-8300

Call Now

101 Ferguson Road • Annapolis, MD 21409

Get Directions

Today's Hours:

Sales: Closed

Service: Closed

Parts: Closed

Land Rover Annapolis

101 Ferguson Road Annapolis, MD

Phone: (410) 907-8300

http://maps.google.com/?q=101%20Ferguson%20Road%2C%20%2C%20Annapolis%2C%20MD%2021409

Parts

Phone: (410) 907-8300

101 Ferguson Road Annapolis, MD

Sales

Phone: (410) 904-3108

101 Ferguson Road Annapolis, MD

Service

Phone: (888) 659-0803

101 Ferguson Road Annapolis, MD
39.0177406 -76.4824321
[schema type="organization" orgtype="LocalBusiness" url="www.landroverannapolis.com" name="Land Rover Annapolis" description="" street="101 Ferguson Road" city="Annapolis" state="MD" postalcode="21409" country="United States" email="landroverannapolis@crm.dealerinspire.com" phone="(410) 907-8300" logo="https://di-uploads-pod6.dealerinspire.com/landroverannapolis/uploads/2016/07/Annapolis-1.jpg"]
Land Rover Annapolis
Land Rover Annapolis
landroverannapolis@crm.dealerinspire.com
101 Ferguson Road
Annapolis, MD, 21409 United States
(410) 907-8300
https://di-uploads-pod6.dealerinspire.com/landroverannapolis/uploads/2016/07/Annapolis-1.jpg
Land Rover Annapolis 39.0177406, -76.4824321.