Getting a car loan is possible if you have a 650 credit score. Although the loan terms may not be ideal, and you’ll end up paying more for the car than someone with a lowercredit score, you’re still eligible for a loan. You’re also welcome to refinance the loan later when your credit score rises or interest rates drop, which could save you money in the long run.
If you want to save money now and reapproach a car loan down the road, check out a FINN car subscription. FINN offers flexible terms to fit your lifestyle, from various mileage and term options to choosing the exact make and model you want to drive. Subscribe to a FINN vehicle today to see how you can take as many long test drives as you want before you commit to a single vehicle.