What Credit Score is Needed to Finance a Car? 

What Are the Credit Score Categories? 

Again, you don’t need a perfect credit score to finance a car. Of course, the better your credit score, the better the terms that will be available to you. Here’s how loans are categorized according to credit score:

• 781 – 850: Superprime
• 661 – 780: Prime
• 601 – 660: Nonprime
• 501 – 600: Subprime
• 300 – 500: Deep Subprime

There are a variety of Mercedes-Benz finance offers and lease offers designed for different levels of credit. Our financing is flexible, and we work with our customers according to their circumstances. We’ll work to get you into your next car, regardless of your credit score.

Explore Our Current Mercedes-Benz Lease Offers

Like many of our Birmingham, you may be more interested in leasing than buying. If so, you’ll want to check out our current Mercedes-Benz lease offers for used cars and new cars. Although these offers aren’t quite as flexible as our Mercedes-Benz finance offers for buying a car, they may work for you. Normally, leases aren’t approved with credit scores lower than 620. Don’t be discouraged, however. Talk with our finance department to see if we have lease options available for you.

Buy or Lease Your Next Car at Mercedes-Benz of Bloomfield Hills

Whatever your current credit situation, our finance department may have a program or offer for you. We’ll work hard to get you behind the wheel of the car you truly want, so you can travel through Southfield in style and comfort. Visit us near Birmingham or contact us online today!