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Is 700 a good credit score for a car loan?

If my credit is good enough, I want to pick up a new car over the summer. Is 700 a good enough credit rating to get a car loan?

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Brittni Brinn · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Getting a new car over the summer sounds like a great goal! The good news is that 700 is a good credit score for a car loan.
Most lenders require a credit score of 660 or higher to qualify for a car loan. Since you’re well above that with a 700, you should be able to choose from many different financing options.
Shop around various lenders to find the best deal. Some lenders to compare for your loan include:
  • Your bank
  • The dealership
  • A credit union
  • Another authorized lender
Similarly, you always want to compare
car insurance
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