Edit the Mobile Menu

Your Credit and Buying a New Car

Your Credit and Buying a New Car

If you’re buying a new car for the first time or haven’t bought a new car in a while, you may be concerned about the role that credit will play when it comes to financing your new vehicle. Whether your credit is perfect or not so great, the team at Ourisman Chantilly Toyota can custom design a financing package for you to get you behind the wheel of your new Toyota. Due to special arrangements with local lenders, we have many options for our customers when it comes to financing a car, even when they have bad credit.

There are some steps you can take to prepare to finance your new vehicle when it comes to your credit score.

Be Aware of Your Credit Score

You can check your credit report once a year for free from all three credit bureaus. We highly recommend checking your report before you begin shopping for a new car. Sometimes, there can be inaccuracies that take a bit of time to correct. We don’t want you to be caught off guard when you have a car you love and are ready to finance by a credit score that is lower than it should be.

Take Steps to Improve Your Credit

If you have enough time between when you want to buy a car and when you first view your credit report, you can take some steps to improve your credit score, such as paying all of your debts in a timely fashion. If you start working ahead of time, your bank account will thank you when you secure a better interest rate on your car loan.

Consider a Cosigner

If your credit isn’t quite where you want it to be, but you’re still hoping for a great interest rate on your auto loan, consider a cosigner. A cosigner with good credit can open your options up so you can secure better financing. Talk to the experts at Ourisman Chantilly Toyota about how to have a cosigner on your loan and how it might help you.

If you’re ready to get started, call 703-337-0661 today. The Ourisman Chantilly Toyota finance team is prepared to put together a finance package that meets your needs. We offer competitive interest rates, quick approvals, and more!

We feel we have one of the best finance departments in the Washington D.C., Centreville and Reston areas, and they know how to work with you to help you make the right choice, whether you are looking for a new car, or just a car that's new to you.

Finance

Our dealership strives to meet all your finance needs.

Contact Us

Search New

Browse our large inventory of new vehicles. Find the ideal model and trim for you.

Search New

Search Used

Browse our large inventory of used vehicles. Find the ideal model you're looking for.

Search Used

Specials

View our featured, new, used and service specials.

View Specials