How Can I Finance a Car with No Credit?
Shopping for a new car is an exciting time, but if you don’t have any credit built up you may be wondering, “Will I be able to finance a car with no credit?”. While the process may be slightly more involved than it would be if you had a top-notch credit score, it is possible to finance a car with no credit.
Allow the experts in the Nissan finance department at Bedford Nissan show you how.
Why Credit Matters
Lenders like to know that you have a history of paying your debts on time. This gives them the confidence to insure their loan to you will be repaid on time and will likely not be defaulted on.
While it is standard for creditors to run a credit check while going through the loan approval process, there are other factors they look at as well, like employment history and income.
How to Get Better Terms
Without a credit history, lenders will have to take a chance on you, and this might result in higher interest rates. There are a few steps you can take to improve the chances of getting more desirable terms on your Nissan finance loan.
- Get a co-signer
- Have a sizeable down payment
- Be prepared to prove a reliable income source
Nissan Finance Loans in Bedford, Ohio
When you’re looking for a new Nissan, Bedford Nissan is prepared to assist you in securing a loan to meet your needs, whether you have excellent credit, no credit, or poor credit. Our financial services department goes above and beyond to secure personalized loan packages that are tailored specifically to you and can overcome most credit issues.
Fill out our free credit application to get started on the pre-approval process and then browse our inventory. We look forward to helping you get behind the wheel of your new Nissan while building your credit!
Why Are Lease Payments Higher Now?
Leases have long been known as a great way to drive a new vehicle at an affordable price. However, consumers seem to be surprised by the prices in everything from groceries to gas and beyond in 2022, and auto lease prices are no different.
Several factors are causing your Nissan lease payment to potentially be higher than anticipated. Here we’ll break down the market conditions, what’s causing those price increases.
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Driving your Nissan should be an enjoyable and stress-free experience. Keeping up with your annual Nissan service is one of the most proactive and easiest ways to ensure that your vehicle offers a smooth experience for the long haul.
Life can be busy and a Nissan oil change or another service might be the last thing on your mind. However, by not properly maintaining your Nissan, you run the risk of safety issues or costlier repairs down the road that could have been avoided.
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There comes a time for all cars when repairs are needed. Typically, one immediately thinks of a mechanic in these instances. However, the type of Nissan car repair that’s needed determines whether you need a body shop or a service center.
If you’re wondering what the difference is between the two, you’re not alone. Read on to find out.
Read the rest of this entry »Tips for Talking to a Nissan Mechanic About Repairs
If your Nissan needs something fixed, your first action should be to look for a trained and experienced Nissan mechanic. You should also do things before your appointment that will enable you to better communicate with your mechanic, including:
Read the rest of this entry »Understanding the 20/4/10 Rule for Car Financing
Because buying a car may involve a lot of money, putting together a comprehensive budget is one of the first things shoppers should do. Fortunately, this doesn’t have to be very difficult, as our Nissan finance department has a rule to follow that makes it easy.
Read the rest of this entry »Do I Need to Put a Down Payment on a Lease?
If you have only bought cars but now you’re interested in leasing one, you probably have some questions. While leasing is similar to financing, there are some differences, and a big one concerns the down payment.
If you’re thinking about a Nissan, here’s what you should know about the initial Nissan lease payment.
Read the rest of this entry »Should I Repair or Trade in My Nissan Car?
How’s your Nissan car driving these days? If it’s not in the best of shape and needs some work, you have to decide whether to get a Nissan car repair or trade it in for something else. To make the best choice, answer these questions:
Read the rest of this entry »Nissan Versa Service Schedule
With prices where they are, it’s perhaps more important than ever to keep your Nissan Versa in great shape so it will last for as long as possible. Fortunately, this is actually pretty easy – you just need to stick to a service schedule.
Read the rest of this entry »Best Nissan Cars for Recent Grads
Are you searching for a new car to give to a new graduate? Any of these three Nissan cars could be ideal:
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