One hurdle most buyers face while purchasing a new car or a pre-owned car is the requirement of a decent credit score. That’s the reason a majority of buyers pull away from authorized private sellers. As it is said, “there are other fishes in the sea too”, there are auto dealers who do not need credit checks for financing.

No credit check auto dealership
Having a good credit background does need a lot of hard work over the years.

However, since the buyer is buying a car without any credit check, he will have to furnish certain important information such as his pay slip, past tax return slips, proof of residence, and other relevant documents required by the auto dealer.

Things to remember
Just because you do not have any credit history does not mean you may not get an auto loan. Before looking for auto dealerships with no credit checks, a buyer must use some caution while negotiating the deal.

• Down payment
  Make a down payment for a larger amount so that the dealer may approve the financing without any problem.
• Utility bills
  Utility bills and any other proofs of residence or loans are the proof that all means of services and payments are timely paid by the buyer.
• Co-signer
  Having a co-signer may be an added advantage for procuring finance.
• Negotiate
  Negotiating your finance offers may get you a better deal. If possible, do not jump on the first offer. Remember, if you do not negotiate, you will end up paying a higher interest rate.

There are many options available for buyers who seek auto deals with no credit checks. Auto dealers will definitely help finance your vehicle, but make sure you understand the hidden traps that come with it.