How Credit Impacts the Car-Buying Process

January 23rd, 2020 by

When it comes to finding your next car, you likely don’t think about how your credit score will have an impact on your options. Many people visit our car dealer in Burbank with the hopes of finding their dream car only to become frustrated when a credit score is brought up.

What is a Credit Score?
Credit scores are numbers that represent your credit history, which points to how you will be able to pay a potential loan moving forward. Lending agencies use your credit score to determine how much of a risk you are, and credit scores range from the low-300s to the mid-800s. The higher your credit score, the less of a risk you are.

Determine Your Score Beforehand
To help set guidelines for what you can and cannot afford, checking your credit score before visiting us is a good idea. There are many convenient and free ways to check your credit score, and there are many credit card companies that provide this with their services as well. Once you know your credit score, you’ll know your car-buying power when you walk onto our lot.

Our Team Will Work with You
Our car dealer in Burbank knows that not everyone has a stellar credit score. Our team at Hawk Ford of Oak Lawn will work with you to find a car that fits your needs and your budget. Whether you’re looking for an SUV, sedan, truck or van, our team will work with you to find you a reasonable price. Contact us or visit us today to get started!

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