What is a good credit score to finance a used car? | California Auto Center
keyword search feature
Search Inventory
Index

What is a good credit score to finance a used car?


Image

What is a good credit score to finance a used car?

At Valencia Auto Center, your dream used car for sale is closer than you think. Our expert finance team is dedicated to turning aspirations into realities, ensuring that acquiring a used car in Santa Clarita doesn’t strain your finances but rather empowers you. With a range of flexible financing options tailored to individual needs, proven track records, and a commitment to transparency, our used car dealership near you is here to navigate and simplify the journey with you. Trust in our expertise and let us be the bridge to your next car for sale in Santa Clarita. Drive with confidence; finance with Valencia Auto Center today!

Financing a used car in Santa Clarita can seem daunting, but here at Valencia Auto Center, we strive to make the process as smooth and straightforward as possible. A good credit score can certainly open up better financing opportunities for your used car for sale, but what exactly defines "good"? Let's break down the factors that determine a commendable credit score for used auto financing:

 

  • Payment History (35%): This is the record of your bill payments. Consistently paying your bills on time boosts your score, while late payments, foreclosures, and bankruptcies can decrease it.

  • Credit Utilization (30%): This refers to the amount of credit you're using compared to your total credit limit. A lower percentage (ideally under 30%) indicates responsible credit management.

  • Length of Credit History (15%): A longer credit history typically works in your favor, especially if it's a history of timely payments. This includes the age of your oldest credit account, the age of your newest account, and the average age of all your accounts.

  • Types of Credit Used (10%): A diverse mix of credit types, like credit cards, mortgages, or installment loans, can positively impact your score.

  • Recent Credit Inquiries (10%): Opening multiple new credit accounts in a short period can flag you as a higher risk, especially if you don’t have a long credit history.

 

Remember, while a higher credit score can offer better financing terms for your next used car for sale, it's just one piece of the puzzle. At Valencia Auto Center, we look at the broader financial picture, ensuring that you get the best deal tailored to your unique situation when you buy a used car. Financing your dream used car in Santa Clarita might be easier than you think! 


 

Page  1  2  3  4  5  6  7  8  9  10  11  »
Exterior: 
Silver
Interior: 
Light Gray 
Mileage:
67,535
Engine:
Electric
Model #: 
17315
VIN:
1N4AZ0CP9FC326833
Stock #:
FC326833
Image
  
$4,999
This vehicle is available now at Autonation Chevrolet Valencia. * [F02] Led & Quick Charge Package * Navigation System * Keyless Start * Rear Spoiler * [C03] 50 State Emissions * Brilliant Silver * Light Gray; Partially Recycled Cloth Seat TrimThis vehicle includes a Money-Back Guarantee*...   Read More
Exterior: 
Beige
Interior: 
Beige 
Mileage:
86,832
Engine:
Gas I4 1.6L/98
Model #: 
31422
VIN:
KNADE223196549221
Stock #:
96549221
Image
  
$5,151
This vehicle is available now at Autonation Chevrolet Valencia. * Front/Rear Carpeted Floor Mats * Beige; Cloth Seat Trim * Cashmere BeigeThis vehicle includes a Money-Back Guarantee* and passed our precise inspection process. Best of all the price you see is the price you pay. No haggling. No...   Read More
Exterior: 
Gray
Interior: 
Charcoal Black 
Mileage:
159,818
Engine:
Regular Unleaded I-4 2.0 L/122
Model #: 
P3K
VIN:
1FADP3K29EL156563
Stock #:
EL156563
Image
  
$5,363
This vehicle is available now at Autonation Chrysler Dodge Jeep Ram Valencia. * Equipment Group 201A * Transmission: 6-Speed Powershift Automatic * Leather Seats * Reverse Sensing System * Sirius Satellite Radio * Rear Spoiler * 50-State Emissions System * 50-State Pzev Emissions Systems *...   Read More
Exterior: 
Gray
Interior: 
Black 
Mileage:
167,932
Engine:
1.7L I4 SOHC 16V VTEC
Model #: 
EM2295MW
VIN:
1HGEM22965L016969
Stock #:
1N1436A
Image
  
$5,404
This vehicle is available now at Hello Kia of Valencia. This 2005 Honda Civic EX Coupe in Magnesium Metallic with Black interior has had five previous owners and shows 14 service history records with the most recent odometer reading at 167,932 miles. Key features include a power moonroof, cruise...   Read More
Exterior: 
Brown
Interior: 
Tan 
Mileage:
136,479
Engine:
4.6L 8 Cylinder Engine
Model #: 
M75
VIN:
2MELM75W5SX604542
Stock #:
SX604542
Image
  
$5,991
This vehicle is available now at Autonation Chrysler Dodge Jeep Ram Valencia. This vehicle includes a Money-Back Guarantee* and passed our precise inspection process. Best of all the price you see is the price you pay. No haggling. No back and forth. No pressure. And this price is so good it is...   Read More
Exterior: 
Silver
Interior: 
Deep Ocean Blue 
Mileage:
45,681
Engine:
Electric Motor
Model #: 
3000
VIN:
JTDBVRBD9KA006195
Stock #:
2H0552
Image
  
$6,440
This vehicle is available now at Hello Mazda of Valencia. *** EV Credit included in the price. Buyer must qualify. EV credit that is applicable: $2,970 Without the EV Credit, the purchase price is $9,410**This 2019 Toyota Mirai has a clean CarFax, with two California owners and five documented...   Read More
Exterior: 
White
Interior: 
Black Seat Trim 
Mileage:
149,621
Engine:
Gas I4 2.0L/121
Model #: 
B2522
VIN:
KNDJT2A6XD7581448
Stock #:
D7581448
Image
  
$6,499
This vehicle is available now at Autonation Chevrolet Valencia. * Cargo Cover * Carpeted Floor Mats * Cargo Tray * Wheel Locks * Cargo Net * Ipod Cable * Black Seat Trim * Clear WhiteThis vehicle includes a Money-Back Guarantee* and passed our precise inspection process. Best of all the...   Read More
Exterior: 
Gray
Interior: 
Gray 
Mileage:
244,940
Engine:
Gas I4 1.8L/110
Model #: 
FB2F5DEW
VIN:
19XFB2F55DE266856
Stock #:
DE266856
Image
  
$6,795
Honda Certified
This vehicle is available now at AutoNation Honda Valencia. The following items have been reconditioned on this vehicle: new pair of tires! * Gray; Seat Trim * Polished Metal MetallicThis vehicle includes a Money-Back Guarantee* and passed our precise inspection process. Best of all the price...   Read More
Exterior: 
Red
Interior: 
Charcoal 
Mileage:
106,619
Engine:
1.6L 4-Cylinder DOHC 16V
VIN:
3N1CE2CP5FL411671
Stock #:
1N1492A
Image
  
$6,991
This vehicle is available now at Hello Kia of Valencia. This 2015 Nissan Versa Note SV comes in Brick Red with a Charcoal interior and has a clean CARFAX with two California owners, seven documented service records, and 106,619 miles. It is powered by a 1.6L 4-cylinder engine paired with a CVT...   Read More
Exterior: 
Black
Interior: 
Black 
Mileage:
165,202
Engine:
Regular Unleaded I-4 2.4 L/144
Model #: 
UFCH41
VIN:
1C3CCCAB6FN689063
Stock #:
FN689063
Image
  
$6,991
This vehicle is available now at Autonation Chevrolet Valencia. * Convenience Group * Parkview Rear Back-Up Camera * Power 8-Way Driver Seat * Keyless Start * Black Clearcoat * Black; Premium Cloth Bucket Seats * California Emissions * Engine: 2.4L I4 Pzev M-Air * Tires: P215/55R17 Bsw As...   Read More
Page  1  2  3  4  5  6  7  8  9  10  11  »
View ArticlesSave ThisPrint ThisTell A Friend