Index
SALES: (812) 299-4505
13350 S US Highway 41, Terre Haute, IN  47802
Contact Information

How To Buy A Car With No Credit

Image

How To Buy A Car With No Credit

Do you need help buying a car? Terre Haute Auto knows that it can be challenging to find the right deal. Our used car dealership wants to make it a little easier. We have a Buy Here Pay Here in Terre Haute that can help you buy a car with no credit. How is this possible, you ask? Terre Haute Auto takes it upon themselves to finance used cars for sale. Usually, a used car dealership near you will contract the financing to a third party. Terre Haute Auto doesn't. We make it possible to buy used cars in Terre Haute when you need them most!

Can You Finance a Car with No Credit?

Yes! Financing a used car with no credit is possible at Terre Haute Auto. Our Buy Here Pay Here dealership will help you find the right payment plan and financing opportunities. Visit our financing department in person or online for more information.

How to Get a Car Loan with No Credit?

Are you unfamiliar with how to buy a car with no credit? Not to worry, Terre Haute Auto can help. Our used car dealership near you helps customers every day when they want to buy a used car on a budget.

  1. Create a budget.

    Customers need to start with their budget. Budgeting is even more critical when buying a car with no credit.
  2. Find a dealership to work with your situation.

    The next step is finding the right seller. Not every dealership will be willing to work with you. The availability of Terre Haute Auto makes us a popular place to buy.
  3. Review used cars for sale.

    You will need to compare used cars for sale carefully. Choose a car that matches your lifestyle and budget. Is that a used truck for sale? Maybe it is an efficient sedan? Customers can learn more about each car from our virtual showroom.
  4. Visit our Buy Here Pay Here financing department.

    After selecting a car, you will need to visit the financing department. The financing department is where our experts can teach you about car loans with no credit.
  5. Negotiate finance.

    The final phase of buying a car with no credit is to negotiate. Customers need to negotiate a fair sticker price and financing terms.

What Do You Need to Finance a Car?

Let's review a few tactics customers can use to finance a car with no credit.

Credit is necessary because it allows sellers to review your ability to pay off a loan. Without credit, Terre Haute Auto is taking a chance on you. These instructions can help you finance a car with no credit more quickly.

  • Save for the down payment.

    The first way to finance a car with no credit is by saving up for the down payment. A larger down payment impacts the payment duration and financing total. Saving up for a larger down payment can help you afford a car.
  • Use a cosigner.

    A cosigner is someone with credit which can vouch for you. It can be tough to find a cosigner, but having one will make it much easier to finance a used car.
  • Find a Buy Here Pay Here.

    The last step is the most obvious. You need to find a dealership that offers Buy Here Pay Here financing. Without the right dealership, customers could be turned away.

Customers can bring some items to help convince the dealership. Consider bringing the below items with you when you apply.

  • Payment stubs.

    Show the dealership that you are earning income. You might not have credit, but you can offer proof of income.
  • History of payments.

    Customers who have a documented history of payments can also bring this. It can help earn the trust of Terre Haute Auto.

How Much Down Payment For a Car with No Credit?

Customers often wonder how much down payment is suitable for a car with no credit. When you have little credit for your name, it is good to bring about 10% of the car's total value. 10% might seem steep, but the dealership usually takes a chance on these customers. Following some of the steps above can help lower your initial down payment, but it is wise to bring around 10%.

Used car loans balance down payment vs. total payment duration. Customers can avoid lengthy plans and bulkier monthly payments by producing a larger down payment. It affects the payment plan, but it also affects the financing total. We recommend a larger down payment for the most straightforward transition possible!

Buy Here Pay Here Terre Haute

Terre Haute Auto offers everything you need to buy a car with no credit. Our extensive inventory includes used cars, trucks, and SUVs for sale. We will help you find the ideal model with a helpful payment plan. Terre Haute Auto can make a difference when you need to buy a car with no credit.

Exterior: 
Black
Interior: 
Medium Light Stone 
Mileage:
93,675
Engine:
4cyl, 1.6L, 120.0hp
Model #: 
P4B
VIN:
3FADP4BJ4FM164664
Stock #:
102651
  
$9,995
DESIRABLE FEATURES: Include Alloy Wheels, Bluetooth, Remote EntryThis front wheel drive used 2015 Ford Fiesta SE features a Tuxedo Black exterior with a Medium Light Stone interior and has only 93,675 miles.INTERIOR OPTIONS: Leather Wrapped Steering Wheel, Cloth Seats, Telescoping Wheel,...   Read More
Exterior: 
White
Interior: 
Charcoal Black 
Mileage:
152,623
Engine:
4cyl, 2.0L, 252.0hp
Cab Type: 
4dr Car
Model #: 
P3L
VIN:
1FADP3L97DL239662
Stock #:
102444
  
$13,900
DESIRABLE FEATURES: Include Alloy Wheels, Bluetooth, Remote Entry, Push Button StartThis front wheel drive 2013 Ford Focus Hatchback ST features a Oxford White exterior with a Charcoal Black interior and has only 152,623 miles.INTERIOR OPTIONS: Cloth Seats, Leather Wrapped Steering Wheel,...   Read More
Exterior: 
Black
Interior: 
Gray 
Mileage:
73,610
Engine:
4cyl, 2.0L, 147.0hp
Model #: 
47402F45
VIN:
5NPD74LF0HH193091
Stock #:
102081
  
$17,900
This front wheel drive 2017 Hyundai Elantra SE features a Phantom Black exterior with a Gray interior and has only 73,610 miles.STOCK# 102081 PRICED BELOW MARKET RETAIL VALUE! Terre Haute Auto has this used 2017 Hyundai Elantra SE for sale today. Don’t forget Terre Haute Auto WILL BUY OR TRADE FOR...   Read More
Exterior: 
White
Interior: 
Black 
Mileage:
99,314
Engine:
4cyl, 2.4L, 185.0hp
Model #: 
53232
VIN:
5XXGT4L33KG286057
Stock #:
102618
  
$18,900
DESIRABLE FEATURES: Include Alloy Wheels, Bluetooth, Blind-Spot Monitor, Remote Entry, Sirius XM, Push Button Start, Auto Climate ControlThis front wheel drive 2019 Kia Optima S features a White (snow White Pearl) exterior with a Black interior and has only 99,314 miles.INTERIOR OPTIONS: Premium...   Read More
Exterior: 
White
Interior: 
Dark Pewter/Dark Titanium 
Mileage:
81,103
Engine:
4cyl, 1.4L, 138.0hp
Model #: 
1JV69
VIN:
1G1JD5SB3L4104864
Stock #:
TR5006AP
  
$19,900
DESIRABLE FEATURES: Include Rear Camera, Alloy Wheels, Bluetooth, Sirius XM, Remote EntryThis front wheel drive used 2020 Chevrolet Sonic LT features a Summit White exterior with a Dark Pewter/dark Titanium interior and has only 81,103 miles.INTERIOR OPTIONS: Cloth Seats, Adjustable Steering...   Read More
Exterior: 
Red
Interior: 
Storm Gray 
Mileage:
50,190
Engine:
4cyl, 1.4L, 147.0hp
Model #: 
BU33MS
VIN:
3VWC57BU0KM092666
Stock #:
102104
  
$19,900
DESIRABLE FEATURES: Include Alloy Wheels, Htd Seats, Blind-Spot Monitor, Bluetooth, Remote Entry, Auto Climate Control, Push Button StartThis front wheel drive 2019 Volkswagen Jetta SE features a Tornado Red exterior with a Storm Gray interior and has only 50,190 miles.INTERIOR OPTIONS: Power...   Read More
Exterior: 
Black
Interior: 
Black/Ambassador Blue Leather
Mileage:
97,949
Engine:
6cyl, 3.6L, 300.0hp
Model #: 
LXFL48
VIN:
2C3CCAGG2GH213054
Stock #:
102466517
  
$19,900
DESIRABLE FEATURES: Include Leather, Htd Seats, Alloy Wheels, Remote Start, Bluetooth, Remote Entry, Sirius XM, Premium Audio, Push Button Start, Auto Climate ControlThis all wheel drive 2016 Chrysler 300 300S features a Gloss Black exterior with a Black/ambassador Blue interior and has only...   Read More
Exterior: 
Purple
Interior: 
Black 
Mileage:
66,940
Engine:
4cyl, 2.4L, 185.0hp
Model #: 
53222
VIN:
5XXGT4L30KG337675
Stock #:
102295
  
$23,900
DESIRABLE FEATURES: Include Alloy Wheels, Rear Camera, Blind-Spot Monitor, Bluetooth, Remote EntryThis front wheel drive used 2019 Kia Optima LX features a Sangria exterior with a Black interior and has only 66,940 miles.INTERIOR OPTIONS: Cloth Seats, Adjustable Lumbar Seats, Air Conditioning,...   Read More
Exterior: 
Gray
Interior: 
Black 
Mileage:
69,934
Engine:
6cyl, 3.6L, 300.0hp
Model #: 
LDES48
VIN:
2C3CDXJG6JH224395
Stock #:
101873
  
$27,900
DESIRABLE FEATURES: Include Htd Seats, Alloy Wheels, Remote Start, Bluetooth, Remote Entry, Premium Audio, Sirius XM, Auto Climate Control, Push Button StartThis all wheel drive 2018 Dodge Charger GT features a Destroyer Gray Clearcoat exterior with a Black interior and has only 69,934...   Read More
Exterior: 
Blue
Interior: 
Black 
Mileage:
28,070
Engine:
4cyl, 2.5L, 203.0hp
Model #: 
2546
VIN:
4T1G11AK1MU494008
Stock #:
102569
  
$29,900
DESIRABLE FEATURES: Include Alloy Wheels, Bluetooth, Sirius XM, Remote Entry, Auto Climate ControlThis front wheel drive 2021 Toyota Camry SE features a Blueprint exterior with a Black interior and has only 28,070 miles.INTERIOR OPTIONS: Premium Synthetic Seats, Leather Wrapped Steering Wheel,...   Read More