If you have bad credit car loans can be found, although you’ll definitely need to shop around. Unfortunately, lenders tend to charge more interest to borrowers with poor credit, and putting more down can keep your payments lower. If your credit isn’t great, consider a co-signer on your loan. If practical, it’s also worth waiting at least a few months and improving your credit, as even a few points increase can potentially save you thousands over the term of a 5 or 6 year car loan. Look for car dealers and lenders who specifically work with borrowers whose credit isn’t great, and also consider buying at a dealership that handles its own financing. Look at so-called second chance car loans, which are loans aimed at those with poor credit. You’ll need to work harder to make it work, but buying a car with poor credit isn’t impossible.