A 500 credit score does not automatically decide whether you can finance a car. Lenders may also review income, debt, down payment, residence stability, and the vehicle.

Important: Approval and terms are never guaranteed. Auto Buyer Connect is a referral service, not a lender.

Check your reports first

Review your credit reports for errors and dispute only inaccurate information. A report lists account history; a score is calculated from report data.

Build a complete budget

Include insurance, fuel, maintenance, registration, tolls, and parking. Focus on total cost, not only the monthly payment.

Compare written offers

Compare vehicle price, amount financed, APR, term, fees, payment, and total of payments.

Use caution with buy-here-pay-here financing

Costs may be higher. Ask in writing whether positive payments are reported to the major credit bureaus.

Choose a realistic vehicle

A dependable lower-priced vehicle may reduce the amount financed. Keep emergency savings and consider an independent used-car inspection.

Read before signing

Confirm the contract matches the offer and understand every add-on. Never sign blank forms or rely on unwritten promises.

More guidance: Brooklyn car-buying page.

Resources: CFPB Auto Loans · AnnualCreditReport.com