7 Car Dealers That Accept Bad Credit for 2024


Buying a new or used car can be an exciting adventure, but for individuals with a bad credit score, the car buying process might seem more like a stressful journey. It’s crucial to understand your options when it comes to bad credit financing, as it can open doors you might have thought were closed.

This guide will give you an overview of car dealerships and networks that provide bad credit auto loans, making your car buying experience a little smoother.

Networks That Connect You to Bad Credit Car Dealers

Auto Credit Express

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  • Credit score requirement: 400
  • Loan term: Up to 72 months
  • Open to applicants with poor or non-existent credit, including those with a history of bankruptcy
  • Accredited with an A+ rating from the Better Business Bureau

Auto Credit Express is a platform dedicated to providing car loans to individuals with bad credit. They cater to applicants with poor or no credit history, and even those who have experienced bankruptcy.

This service stands out for its willingness to approve subprime auto loans for older, high-mileage vehicles, a type of request that traditional lenders often reject.

With a minimum credit score requirement of just 400 and down payments as low as zero to $500, Auto Credit Express makes acquiring a bad credit car loan accessible even if you’re short on cash.

Keep in mind that a consistent income is necessary for approval. Applicants must have a minimum pre-tax monthly income of $1,500.

When applying, anticipate inquiries about your employment status, such as your weekly working hours and overtime. Despite this, their online loan application process is quick and easy, taking only about three minutes to complete.

Read our full review of Auto Credit Express


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  • Credit score requirement: None
  • Loan term: Up to 72 months
  • Establishes connections with dealers within a 24-hour timeframe
  • Accredited with an A+ rating from the Better Business Bureau

CarsDirect is an excellent platform for individuals with low credit scores looking to purchase and finance a vehicle.

Their auto loan program involves a straightforward application process, post which they connect you with dealership offers within a span of 24 hours.

This setup allows you to explore both new and used car options via the dealer, with a tailored auto financing plan already established.

CarsDirect accommodates borrowers across the credit spectrum, including those with poor credit scores or recent bankruptcy filings.

Some associated lenders also offer the flexibility of getting a bad credit car loan with a cosigner, allowing you to benefit from improved interest rates and more favorable loan terms.

For a more detailed analysis of CarsDirect, you can refer to our comprehensive review.

Read our full review of CarsDirect


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  • Credit score requirement: None
  • Loan term: Up to 72 months
  • Accepts all credit types. Options to lease, buy, or rent.
  • Offers same-day approval

car.Loan serves as a facilitator for individuals with poor or no credit to gain access to bad credit auto loans, which can be challenging to find elsewhere.

The platform pairs you with dealers who can provide financing options irrespective of your credit profile. With online pre-approval in place, you can begin your car hunt locally.

car.Loan.com collaborates exclusively with a network of dealers who focus on specialized financing. These dealerships offer in-house bad credit auto financing, which allows them to prioritize a candidate’s income over their credit score.

The unique process provides clarity on where to look for a car, merging the ease of online financing with the practicality of an in-person vehicle search.

A request form takes a mere three minutes to complete. Typically, you can expect a response within 24 hours, which means you could start your car search in just a day or two.

Read our full review of car.Loan


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  • Credit score requirement: 575
  • Loan term: 24 to 84 months
  • Provides up to four loan offers for customers to compare
  • Accredited with an A+ rating from the Better Business Bureau

You can find both new and used car loans at myAutoLoan. They also offer private party, lease buyout and refinance loans. myAutoLoan matches you with online lenders to provide up to four auto loan offers in as fast as four minutes.

The minimum credit score requirement is 575. Because myAutoLoan works with multiple lenders, you may find lending guidelines less restrictive. For example, there are no set rules on whether you’ll need a down payment or how much you can borrow.

Instead, each lender has its own policies when analyzing your credit scores, income, loan amount, and loan term. You’ll also find various funding options, including ACH, check, and bank deposit.

You can review all the offers you qualify for without any obligation to accept any of them. Still, myAutoLoan puts each application through a patented analysis process to make sure you’re matched with relevant auto loans.

Read our full review of myAutoLoan

Dealers Accepting Bad Credit Applicants


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DriveTime is renowned for its dedicated commitment to helping those struggling with poor credit. The dealership, armed with an assortment of bad credit car loans, makes transparency a top priority during the financing process to ensure that car shoppers are well-informed and comfortable.

In the face of higher risk associated with bad credit auto loans, DriveTime works to establish trust with customers.

They do this by providing a clear understanding of the terms and conditions, the potential for higher interest rates, and the likelihood of a down payment.

DriveTime also differentiates itself by providing a no-haggle pricing policy, meaning the price you see is the price you pay. This removes a common stress point in the car buying process and simplifies the negotiation process.


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As one of the most prominent used-car dealerships in the US, CarMax provides a vast selection of vehicles. Irrespective of your credit score, CarMax’s financial team is prepared to work alongside you, securing an auto loan that aligns well with your budget.

Bear in mind that individuals with poor credit may face higher interest rates and more restrictive loan terms than those with good credit.

However, CarMax is committed to offering a stress-free car-buying experience, including a 7-day money-back guarantee on every vehicle sold.

This allows buyers the flexibility to change their minds if the vehicle does not meet their needs or expectations.

With the combination of its wide variety of vehicles and its commitment to customer satisfaction, CarMax is a solid choice when it comes to the process of securing a car loan with bad credit.


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Carvana is transforming the traditional car purchasing process with its advanced online dealership model. This platform is a boon for those grappling with a poor credit score, as Carvana offers a diverse selection of new and used vehicles, all prepared for home delivery.

When applying for bad credit auto financing with Carvana, you will find the process to be user-friendly and direct.

They offer a seamless online platform that allows for easy browsing and selection of vehicles, making the purchase of a vehicle convenient from start to finish.

However, it’s important to remember that financing rates and terms may not be as favorable for those with bad credit compared to individuals with good credit.

In addition, Carvana offers a unique 7-day test-to-own period, a feature not common in the auto industry. This allows buyers to try out the car for a week before finalizing their purchase, providing an additional level of comfort and confidence in their choice.

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Tips for Getting a Car Loan with Bad Credit

The process of buying a car with a low credit score can seem challenging, but don’t let your poor credit history deter you. Here are some strategies to boost your chances of securing a bad credit auto loan.

Preparing Your Credit Report

Your credit report is a crucial document for financial institutions and car dealerships. Despite having a poor credit score, there are ways to improve the appearance of your credit history. First, request a copy of your report from the credit bureaus and meticulously review it for errors.

Incorrect data, such as unpaid debts that you’ve actually settled, can unfairly lower your score. Rectifying these errors can help increase your credit score.

Moreover, consider taking steps to improve your credit before applying for an auto loan. Plan to pay off overdue debts, avoid taking on new debt, and make sure to make all payments on time. Remember, rebuilding credit takes time, but it’s worth the effort when it comes to bad credit auto financing.

Budgeting for Your Car Loan

Before stepping foot in a bad credit car dealership, evaluate your monthly budget to understand how much you can comfortably afford for a car payment. While it might be tempting to aim for the car of your dreams, staying within a realistic budget is essential, especially for car buyers with poor credit.

A higher monthly payment can strain your budget and increase the risk of default, which could further damage your credit score. So, be sure to factor in the total cost of owning a car, including insurance, maintenance, fuel, and, of course, your monthly loan payments.

Importance of a Down Payment

Having a down payment can play a significant role in obtaining a bad credit car loan. It lowers the total amount you need to borrow, reduces your monthly payments, and demonstrates to lenders that you’re serious about buying a car.

Even though it might be challenging to save a considerable sum to put down on a car, every little bit helps. A larger down payment can also help you avoid being “upside down” on your loan, a situation where you owe more on the car than it’s worth.

Cosigning and Its Implications

If you’re having trouble securing an auto loan due to your bad credit, consider finding a cosigner. A cosigner is someone with a better credit history who agrees to take on the responsibility of your loan if you’re unable to make the payments.

While this can increase your chances of approval, it’s a significant responsibility. Ensure your potential co-signer fully understands the implications before moving forward.

Remember, while your credit scores play a significant role when it comes to purchasing a vehicle, they don’t completely define your options. With careful planning and thoughtful decision-making, buying a new car with bad credit is possible.

Bottom Line

Applying for an auto loan with bad credit can be challenging, but it’s not impossible. Numerous car dealerships and online platforms are ready to offer bad credit car loans, regardless of your credit score.

The key is to research thoroughly and understand all the options available. And while you’re at it, continue to work on improving your credit score. It’s a marathon, not a sprint, but with persistence, you can achieve your financial goals.

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