If you don't have much of a credit history, you might discover that purchasing a car is more difficult than you thought. Credit scores are often considered when someone is making a vehicle purchase, and when you're sitting at a dealership, it is easy to feel frustrated when you're notified that your credit history is insufficient for the car you want. Here are four things you can do to get yourself into a car even if you don't have much credit history.
Get a Store Credit Card
Sometimes, the easiest thing to do when you don't have a long-standing credit history and want to buy a car is to establish credit for yourself. To do this, you can sign up for a credit card from a retail store. These are typically easier to get and have lower limits than other types of cards. The idea of getting a credit card might concern you a little; just be sure to make payments on time and to avoid reaching your limits. If you are able to show that you can keep your account in good standing for some time, you may very well have an easier time the next time you want to buy a car.
Investigate Zero Credit Loans
If you don't want a credit card or don't want to wait to get a car, another option open to you are zero credit loans. These loans are in place for people who don't have a credit history but can still prove that they have sufficient income or finances to purchase a new car.
Be aware that zero credit loans can sometimes mean higher interest rates for you; ensure that you investigate and compare different lenders in order to get the best deal. You might want to do that before you even start shopping for specific cars. That way, you can walk into any dealership with an existing car loan and can shop knowing that you've already been approved and won't have a problem.
Think About a Used Car
Yet another choice you have is to purchase a previously-owned car. You might be surprised to learn that you can get a car that's a few years old that's in great shape and costs far less than a new model. It might be easier for you to get an auto loan for less money, or you might be able to pay a substantial downpayment to bring down monthly costs.
These ideas can provide some help when you've got no credit history but want to get a car. Take your time and visit dealers in the area to find out more.