Can You Finance a Car with No Credit?

Finance Center Contact Us Apply For Financing

Yes, you can! While it can be a slightly difficult task for some Flower Mound car buyers, it’s not completely impossible. Learn more about no credit car loans and even financing a car with bad credit with the team at Lone Star Toyota of Lewisville before speaking with our finance department about your car loan.

Financing with Bad or Even No Credit

When it comes to financing a car with no credit, you will have to remember that the down payment will be more than the average, as well as the interest rates. Before applying for financing, go in knowing your budget, but leave in a little bit of wiggle room. Also, keep in mind these tips:


When you’re financing a car with no credit, you’ll have to keep in mind that the down payment and interest rates may be more than the average. Go in knowing your budget and leave some wiggle room. And remember these tips:

  • Ask questions and don’t assume you won’t be approved. Financing is not the only option available. Ask questions and see if other options are more beneficial to you.
  • Leasing might be a better option. See the dealership’s lease offers. These payments might also be higher than the average lease, but more affordable than buying a new Toyota vehicle.
  • Revive your credit score. If you have bad credit, build it up. Use your credit card on small purchases and pay it off immediately.
  • Know your budget and your credit score. When applying for financing, your credit score will take a hit. Keep all of your loan applications within 14 days to minimize the potential damage to your score.
  • Separate price negotiation from financing. The first offer isn’t the only one. Many dealerships go through multiple lenders.
  • Be prepared for a higher cost. You may receive higher interest rates, a larger down payment, or both if you have no credit.

Finance Your Next Vehicle at Lone Star Toyota of Lewisville

When you visit Lone Star Toyota of Lewisville, our finance team makes financing a car with no credit as stress-free as possible. Take a look at our bad credit car finance options, and more before making the short trip to the Lewisville area, or apply for financing online to get pre-approved. Give us a call if you have any questions!

Saved Vehicles


You don't have any saved vehicles!

Look for this link on your favorites:


Once you've saved some vehicles, you can view them here at any time.

Contact Us

(469) 671-5500

Call Now

1547 S. Stemmons Fwy • Lewisville, TX 75067

Get Directions

Today's Hours:

Open Today! Sales: 9am-9pm

Open Today! Service: 7am-7pm

Open Today! Parts: 7am-7pm

Lone Star Toyota of Lewisville 33.0213337, -96.9874464.