#bad credit auto dealers
America’s Largest Network of Bad Credit Car Dealers
1.7 million people have bought a car with our help
Bad Credit Car Dealers That Can Help
Apply Online in just 3 minutes: Apply Now
While many people are familiar with what bad credit means, not everyone knows what bad credit car dealers are or how they operate.
The question of “What is a bad credit auto dealership or car lot?” isn’t too difficult to answer. Since most banks, credit unions, and other major lenders only tend to deal with customers with ‘prime credit,’ this leaves a significant amount of people who need a car, but have a poor credit rating out in the cold.
To cover this gap in lending, many dealerships these days are offering financing on a vehicle through in house or third party options. However, since risk of financing to people with bad credit tends to be higher, these dealers tend to charge higher rates to offset that risk. The advantage is that people who might normally not be able to get into a car are able to finance one, even if it is at the trade off of higher cost.