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Browse by Credit Score
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Subprime auto loans are available at 580, but rates are high. A larger down payment (10–20%) significantly improves approval odds and reduces your monthly payment.
Our Top Picks for 580 Credit Score
Best for Bad Credit
Capital One Auto Navigator
APR Range14.99% – 29.99%
Min. Credit ScoreNone stated
Why we recommend it: Capital One's pre-qualification tool lets you check rates without a hard inquiry, and they work with subprime borrowers at 580.
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Multiple Lender Offers
myAutoloan
APR Range16.99% – 31.99%
Min. Credit Score575
Why we recommend it: myAutoloan submits your application to multiple lenders simultaneously, giving you competing offers to choose the best rate.
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Refinance Specialist
AutoPay
APR Range15.99% – 28.99%
Min. Credit Score580
Why we recommend it: AutoPay specializes in auto loan refinancing and new purchases for borrowers with challenged credit, with a network of 50+ lenders.
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Frequently Asked Questions
Can I get an auto loan with a 580 credit score?
Yes, but expect rates between 15–30% APR. Subprime lenders like Capital One Auto Navigator and myAutoloan work with 580 scores. A larger down payment and a co-signer can significantly improve your terms.
How much down payment do I need with a 580 credit score?
Most subprime lenders require 10–20% down at 580. A larger down payment reduces the lender's risk and can help you get approved and lower your monthly payment.
Should I buy new or used with a 580 credit score?
Used cars are generally easier to finance with bad credit because the loan amount is smaller. New car loans at 580 are possible but the total interest cost over the loan term will be very high.