Bad Credit Car Loan Information
Whether you’re a first-time buyer with a limited borrowing history or currently working on improving your credit score, it shouldn’t hold you back from buying or leasing a quality Honda.
At Norm Reeves Honda Superstore Cerritos, our financing professionals have been helping Cerritos, Long Beach, and Downey drivers for decades. If you’re currently seeking an auto loan with poor credit, our team of friendly and experienced experts can help secure you a flexible solution that fits your budget.
Car Buying with Bad Credit
One of the biggest obstacles for drivers with a low credit score is securing a favorable loan. While it often can make securing a low interest rate more difficult, it certainly doesn’t mean you don’t have several worthwhile paths to consider.
Thanks to our extensive inventory of new, used, and certified pre-owned Honda models along with our strong relationship with local lenders, our team can develop a package and deal that works within your monthly finances. The first step is to complete a simple-and-secure financial application through our site. Once submitted, one of our financing managers will quickly be in touch to discuss a range of available options.
A few simple ways to improve your ability to finance a car with poor credit include:
- Increase your down payment amount
- Choose a short-term loan
- Secure additional financing through a private lender
If you’re hoping to use your current vehicle toward the purchase of a new, used, or certified pre-owned model, you can receive an initial estimate by entering its information into our online value-your-trade tool.
Lease with Bad Credit
A Honda lease is a great option for drivers who enjoy having financial flexibility while staying up-to-date on all the latest features and technologies. A lease might also help you toward restoring your credit score and payment history as monthly payments can sometimes be lower than buying.
One thing that can help you secure a Honda lease is to provide proof of a stable income. This will let our sales team and financing managers be able to pair you with a lease that fits your budget. You can also consider using a co-signer, which can greatly increase your ability to secure a favorable rate.
Buy or Lease a Honda Today!
Securing an auto loan with poor credit is made easier when putting your trust in the hands of our experienced team members. Wherever you currently fall on the credit spectrum, we’ll do everything in our power to get you behind the wheel of a quality Honda you’ll enjoy driving for years.
If you’re living near Cerritos, Long Beach, or Downey, visit Norm Reeves Honda Superstore Cerritos or go online to schedule a personal appointment today!