At our Toyota dealership in Abilene, TX, we don’t care what your credit history is – we care more about helping you to improve your credit score in the future with car payments that fit in your budget. If you have less than perfect credit or have yet to establish a credit history, we still want you to apply for an auto loan with us! Here at Lithia Toyota of Abilene, we believe that your financial past shouldn’t define your future. Our expert Toyota financing specialists will help you get the subprime auto loan you need to finance a high-quality used Toyota right away!
Am I Qualified for Subprime Credit Financing?
When you come to our Abilene Toyota dealership, we’ll give you the opportunity to apply for an auto loan no matter what your current credit score is. We'll work with you to establish how much you want your monthly car payments to be, and we'll work around that number. It’s completely natural to wonder if you’ll be qualified for a car loan when you have a poor credit history, but our Toyota finance specialists will help put your mind at ease. We’re happy to answer any questions you may have about the various factors that play into whether you’ll be approved for a subprime auto loan. In the past, we’ve been able to help offer car loans to people who have come out of some difficult situations. Some of the financial situations we’ve worked with include:
Our Toyota financing specialists will look at much more than just your credit score when determining your loan eligibility. We’ll also look at your other current loans, your debt-to-income ratio, a detailed credit history and the type of used car you want to buy. We’ll consider how much you can afford for monthly car payments and a down payment, too. You have a stronger chance of being approved for a loan with poor credit if you can put down a larger payment for your new vehicle. If you’re looking for money for a down payment, you can trade in your current car and put the value toward your next vehicle. Value your trade here to get an idea of its worth!
Once you’ve selected the used Toyota or other pre-owned vehicle that you want to buy, you can fill out a credit application online. Filling out an application for financing only takes a few minutes, but will get you behind the wheel sooner.
If you have a poor credit score, you can still shop our selection of used Toyota cars in Abilene, TX, to find an affordable pre-owned vehicle that fits into your budget. We have plenty of used Toyota cars, trucks and SUVs to pick from, as well as high-quality used cars from other top automakers. From pre-owned Toyota RAV4 SUVs to used Toyota Tacoma trucks, there’s something for every type of driver at our dealership!