What Is A Decent Credit Score To Buy A Car Apr 2026

A decent credit score for buying a car is generally considered to be , which falls into the "prime" category. While there is no official universal minimum, this threshold is where approximately 69% of financed car deals occur. The Tale of Two Car Buyers: Alex and Jordan

Data sourced from Bankrate and Experian reports as of April 2026. What Is a Good Credit Score for an Auto Loan? - Experian what is a decent credit score to buy a car

Lenders use your score to determine how much of a risk you are. Higher scores lead to lower Annual Percentage Rates (APR). Credit Category Score Range Avg. New Car APR Avg. Used Car APR 4.66% 7.70% Prime 6.27% 9.98% Nonprime 9.57% 14.49% Subprime 13.17% 19.42% Deep Subprime 16.01% 21.85% A decent credit score for buying a car