Get Hours and Directions

Close

101 Ferguson Road, Annapolis, MD, 21409

Get Directions  Map depicting surroundiing area of Jaguar Annapolis

Dealership Info

Phone Numbers:Sales Hours:
  • Mon - Fri9:00 AM - 8:00 PM
  • Sat9:00 AM - 6:00 PM
  • SunClosed
Service Hours:
  • Mon - Fri7:30 AM - 6:00 PM
  • Sat8:00 AM - 4:00 PM
  • SunClosed
Parts Hours:
  • Mon - Fri7:30 AM - 6:00 PM
  • Sat8:00 AM - 4:00 PM
  • SunClosed
Service

Can You Finance a Car with No Credit?

How Can I Get Car Financing with a Bad Credit Score?

Are you interested in financing a car with no credit? Financing a car with bad credit is difficult, but not impossible, and preparation is key if you want to turn your dreams into realities. Take advantage of our bad credit car finance tips and apply for credit with Jaguar Annapolis today!

Bad Credit Car Finance Tips

If you’re financing a car with no credit, you’re going to need to prove that you’re a smart investment for the lender. This means that you absolutely have to come prepared, you need to show proof of income, and you need to be ready to pay more in interest month-to-month.

Why is financing a car with bad credit so difficult? Whether you choose to finance with a bank or a dealership, the lender needs to know that they’re going to get their money’s worth! In normal cases, a credit check will show how likely a person is to pay back their auto loan with interest. If you don’t have any credit, you’ll need to go the extra mile to secure your purchase.

  • Ask questions, and keep your head up. If you’ve been turned down before, financing a car with no credit might seem impossible. It’s not! Show that you’re serious by asking the right questions, and be sure to explore all of your options!
  • Take steps to build your credit. If you have no credit, it might just be that you’ve never been in debt before! Opening a credit card or taking out a small loan could dramatically improve your chances of getting approved, but only if you make all your payments on time.
  • Make all your applications at one time. It pays to shop around when you’re looking for the best loan, but if you’re making a lot of credit applications, it could have a negative impact on your score (if you have one). Keep all applications within a 14-day window to prevent negative credit reporting.
  • Expect to pay more. A driver with no credit is a bigger risk! There’s no way around it. You should expect to pay a higher interest rate, and you should have proof of income that shows you can make payments on time. That’s true even if you’re trying to find in-house financing for used cars. Learning how to trade in a car can help you save big.
  • Consider leasing. The approval rate for leases tends to be slightly higher than the approval rate for auto financing. Plus, making your lease payments on time could help to build your credit, putting you in a better position for the next go-round.

Financing a Car with Bad Credit? Come to Jaguar Annapolis.

Jaguar Annapolis is proud to work with drivers from all walks of life, and if you’re financing a car with bad credit or no credit, you can count on our financing team to help you get behind the wheel of one of our affordable luxury cars.

Hoping to reduce the amount you need to borrow? Check out our lineup of used cars priced under $10K! Trying to reduce your monthly payments? Find out how to refinance an auto loan today.

More from Jaguar Annapolis

  • 2023 Jaguar E-PACE Interior

    If you’re on the hunt for a compact SUV that will help you get more enjoyment out of every drive, you certainly shouldn’t overlook the 2023 Jaguar E-PACE. This compact SUV is capable of delivering genuine thrills on the roads of Crofton and Severna Park, and although it’s a luxury vehicle, it comes with plenty of…

  • 2023 Jaguar I-PACE Dimensions

      The 2023 Jaguar I-PACE seats up to five passengers, offers nearly 41 inches of first-row legroom, and can store more than 25 cubic feet of cargo when the rear seats are in their upright positions. That’s one way of saying that this all-electric SUV isn’t just stylish and efficient—it’s also extremely practical, and family…

  • 2023 Jaguar F-TYPE Interior

      The 2023 Jaguar F-TYPE is the signature Jaguar sports car, and that means everyone with an interest in Jaguar models should pay attention to the distinguishing features of the Jaguar F-TYPE design! Our in-depth guide to the 2023 Jaguar F-TYPE interior covers everything from standard features to dimensions, so you can know exactly what…

Jaguar Annapolis 39.0177406, -76.4824321.