Clear Credit is Best
It is not necessary to have impeccable credit when you buy a car, but it helps. If you are interested in getting a good interest rate, go in with a high credit score and as few bad marks as possible. Great credit may make the process of getting a loan faster, as the first financing bank may accept you rather than the loan officer having to make many calls.
A great credit history also allows you to be more selective about the car loan you choose. You may just want to be approved fast and drive away with your new car as soon as possible, but that could cost you thousands of dollars over the life of your loan. If you have great credit you are in a position to wheel and deal for a better rate or for a different finance company with better terms.
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