how to buy a car with out credit history

Asked by Aug 08, 2017 at 07:12 AM about the Toyota Camry

Question type: General

1 Answer

405

Cash is king. Or, you can find a lender who will extend a line of credit to you despite your lack of history. Typically these will be high interest rate loans with terms that aren't the most awesome. Alternately, you can always find credit cards that cater to consumers who are looking to build credit. Get your card and then spend and pay off. continue this and increase your limit. Your credit history will be building slowly at the same time as your high interest car loan. You will be demonstrating your creditworthiness in both consumer debt repayment and long term debt repayment

1 people found this helpful.

Your Answer:

Toyota Camry Experts

  • #1
    Reelin68
    Reputation
    20,270
  • #2
    last_chance_garage
    Reputation
    7,170
  • #3
    dandyoun
    Reputation
    3,840
View All

Related Models For Sale

Used Honda Accord
26 Great Deals out of 1,740 listings starting at $1,995
Used Toyota Corolla
68 Great Deals out of 4,145 listings starting at $1,715
Used Honda Civic
88 Great Deals out of 5,929 listings starting at $3,695
Used Toyota Avalon
5 Great Deals out of 168 listings starting at $1,995
Used Nissan Altima
47 Great Deals out of 1,672 listings starting at $2,500
Used Toyota RAV4
69 Great Deals out of 3,466 listings starting at $4,400
Used Nissan Maxima
19 Great Deals out of 375 listings starting at $2,400
Used Toyota Highlander
25 Great Deals out of 1,340 listings starting at $4,490
Used Hyundai Sonata
35 Great Deals out of 1,465 listings starting at $3,800
Used Honda CR-V
49 Great Deals out of 4,402 listings starting at $410
Used Toyota Tacoma
22 Great Deals out of 1,811 listings starting at $5,999
Used Toyota Prius
5 Great Deals out of 298 listings starting at $1,995
Used Chevrolet Malibu
36 Great Deals out of 2,155 listings starting at $2,995
Used Lexus ES 350
8 Great Deals out of 156 listings starting at $5,900
Used Toyota 4Runner
8 Great Deals out of 572 listings starting at $6,690

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.