New & Pre-Owned Mazda Financing

Bad Credit Car Loans in Delray Beach, FL

At Grieco Mazda of Delray Beach, we understand that sometimes, stuff happens and life can get messy. That’s why we’re in the business of working with customers who have poor or improving credit to get the best rate on an auto loan—because we believe that everyone should have access to quality cars, no matter what their financial situation is. 

Explore Low Credit Auto Financing Options Near Boca Raton, FL 

A low credit score is more common than you might think. Experts report that for Gen X and younger, the average FICO credit score is below 700, and many folks are lower. The truth is, it doesn’t take much to wreck your credit—low credit age, a few missed payments, too many hard inquiries, or even too much debt can all have a negative effect. 

Luckily, improving your credit is simpler than it sounds. That’s where we can help. 

Whether you have poor credit or no credit, the team of experts in our finance center are ready to work with you. We have years of experience helping shoppers secure low APR car loans with bad credit, and we have a huge roster of lenders to choose from. We service a variety of communities around the Delray Beach area, including Pompano Beach, Boynton Beach, Mission Bay, and more. 

Regardless of your current situation, we’ll help you find the right deal so you can start rebuilding your credit with a new car loan. 

Bad Credit Car Shopping Tips 

Whether you decide to do business with us or not, we pride ourselves on helping our community. If you’re shopping for a car and you have less-than-ideal credit, here are a few things to keep in mind: 

  • Monitor your credit closely. The first step in understanding and improving your credit is to check your credit reporting. Doing so can give you a much better understanding of what caused your score to dip, and what you need to do to start raising it. 
  • Know your budget. In order to get an understanding of what sort of car you can afford, you’ll want to do an in-depth breakdown of your monthly budget. This will allow you to set a hard limit on how much you can spend on your car payment, insurance, and fuel costs, and it also helps you narrow down your selection while shopping. 
  • Find a cosigner. Having a trusted individual with good credit cosign your loan is one of the simplest and quickest ways to get a low APR car loan with bad credit. Remember, it can be anyone—relatives, friends, coworkers, or whomever, as long as you trust them and they agree to cosign. 
  • Save for a larger down payment. The average down payment on a car loan is anywhere from 10 to 20%. However, shoppers with poor credit may be required to put more money down. This may seem like a burden, but the upside is that it can greatly reduce your monthly payments and how much interest you pay over the course of the loan. 
  • Find the best deals. At the end of the day, the price of the car determines how much interest you’ll pay. That’s why it’s incredibly important to shop within your means. Our Mazda dealership in Delray Beach has a wide selection of cars priced under $15k, including popular models like the Mazda CX-5. 

Apply for Sub-Prime Auto Loans in Delray Beach, FL 

For all of your low credit car shopping needs and more, Grieco Mazda of Delray Beach is your premier location. To learn more about our options for car shoppers who need some help with their credit, contact us online or call us at (888) 703-1702 today.