What credit score is needed for car finance?

The minimum credit score needed for car finance approval in the UK can vary by lender, but the general guidelines are as follows:

• Excellent - Scores over 720 can expect the highest chances of approval on the best interest rates.
• Good - Scores from 670 to 719 often qualify for average to good car loan rates.
• Fair/Average - Scores between 580 and 669 may qualify for subprime financing rates, but can still get approved.
• Poor/Bad - Scores under 580 typically mean deals are usually available only at very high interest rates and are more likely to be refused.