Do you have the credit score to finance a car in the Bozeman area? It can be tough to find out what bad credit car finance options are available, but Underriner Volvo is willing to work with you to ensure that you get an auto loan that is tailored to your budget no matter what your credit score may be. This guide from our finance team explains how to get car financing with bad credit so you can get behind the wheel of the new Volvo sedan, wagon, or SUV of your choice at our dealership in Billings.

Average Credit Score to Finance a Car

The average credit score to finance a car in 2020 is 721 for a new vehicle and 657 for a used car. Here is a breakdown of average credit scores for the basic loan categories:

  • Superprime: 781 to 850
  • Prime: 661 to 780
  • Non-prime: 601 to 660
  • Subprime: 501 to 600
  • Deep Subprime: 300 to 500

It is important to note that while bad credit car finance loans are available throughout the Shepherd area, they come with higher interest rates. The good news is, as long as you keep up with your monthly payments, your credit score will improve, and you may be able to eventually refinance your loan to lower your interest rate.

How to Get Car Financing With Bad Credit

So, what credit score is needed to finance a car? The credit score to finance a car depends on a number of factors, but even with a deep subprime credit score, you can still secure a bad credit car finance loan. That's one of the advantages of financing with a dealership like Underriner Volvo. Here are a few things to keep in mind when considering your bad credit car finance options:

  • Focus on Positives: If you demonstrate that you've been financially responsible, you'll increase your odds of securing a loan. For example, if you've never missed a credit payment, but your credit score has been damaged by business debt, you'll be in a better position to be approved for a car loan.
  • Bring Proof: Documentation such as pay stubs, proof of address, cell phone bills, auto insurance information, and proof that you're currently working will show that you're responsible and are able to pay off your car loan despite your credit score. 
  • Show Collateral: If you own a home or are able to put down a substantial down payment of at least 25%, you will be far more likely to qualify for auto financing, and get a good interest rate. as well.

Discuss Your Car Finance Options With Underriner Volvo

Still wondering what credit score is needed to finance a car near Laurel, MT? Get in touch with Underriner Volvo. We can help you determine whether or not a bad credit car finance loan is right for you, and make sure that you benefit from our current new vehicle specials. Whether you wish to explore your bad credit car finance options or want to learn how to trade in a financed car, we look forward to helping you find a solution. Why wait? Apply for financing with us today!


Underriner Volvo

3643 Pierce Parkway
Directions Billings, MT 59102

  • Sales: 406-255-2365
  • Service: 406-255-2365
  • Parts: 406-255-2365


  • Monday 9:00am - 6:00pm
  • Tuesday 9:00am - 6:00pm
  • Wednesday 9:00am - 6:00pm
  • Thursday 9:00am - 6:00pm
  • Friday 9:00am - 6:00pm
  • Saturday 9:00am - 6:00pm
  • Sunday Closed

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