Frequently Asked Questions

Q: How can I tell if I will qualify for a loan to buy a car?

A: If you are looking into buying a car with bad credit, we understand if the loan application process makes you a little nervous. Planet Motors is a car dealership that takes bad credit in West Palm Beach, Florida. Our car dealership for bad credit offers guaranteed credit approval for our customers. Planet Motors works with many financial institutions to ensure that you will have plenty of options, even if you are buying a car with bad credit. You'll need to bring several documents to our bad credit car lot near you, so be sure to consult our website on which documents to bring. If you have any questions about which documents will be sufficient, you are welcome to call our bad credit car dealership.

Q: Is purchasing a car from Planet Motors a good way to improve my credit score?

A: Our bad credit car lot offers a wide variety of options for customers buying a car with bad credit. Once our car dealership for bad credit has helped you secure a loan, making timely payments on your loan is a great way to boost your credit score over time. If you meet your payment schedule on time, you will be pleased with the positive effect your loan will have on your credit score. Our bad credit car lot near you strives to help you improve your poor credit situation. If you are a first-time buyer with no credit history, our bad credit car lot can help you begin building a strong credit score.

Q: What are the benefits of shopping at Planet Motors instead of a new car dealership?

A: Planet Motors is an established bad credit auto financing car lot near you. We have ample experience securing loans for our diverse customer base, and we are a car dealership that takes bad credit. If your credit score is less than satisfactory, many new car dealerships may treat you differently. Don't risk wasting your time at a dealership that is not equipped to help you secure a loan in your current credit situation. Our bad credit car dealership will always treat you with respect, and keep your best interests at heart. Planet Motors will be able to guide you through the process of obtaining a car loan, even with imperfect credit. Every vehicle offered for sale at our bad credit car dealership has been rigorously inspected and determined safe to drive. There is no need to subject yourself to judgment and scrutiny at a new car dealership. Planet Motors understands your situation and has the resources to get you into the car that you need. Buying a car with bad credit doesn't need to be a stressful experience when you shop at our used car dealership!

Q: What car loan amount will I be approved for?

A: The amount of financing that you will qualify for at our bad credit dealership will depend on a variety of factors. Your income and expenses will be taken into consideration, along with your credit situation. Planet Motors has been helping customers with buying a car with bad credit for years. While the loan amount and terms that you may be approved for will vary, Planet Motors offers guaranteed credit approval for our customers. If you have multiple sources of income, you will want to bring proof of this when you apply for your financing to qualify for the maximum amount. If you have any questions on what type of documentation to bring, please feel free to call our dealership.

Q: Will you require a co-signer?

A: While having a co-signer with a strong credit score would help you qualify for more favorable loan terms, a co-signer is not required. Our bad credit car lot near you strives to help you with buying a car with bad credit. We understand that not every customer will have the privilege of a willing and qualified co-signer, so it is not a requisite for loan approval. Planet Motors will not expect customers with low credit to have a co-signer.

Q: How much does it cost to submit my credit application?

A: At our car dealership that works with bad credit near you, we never charge to submit a credit application. Planet Motors will accept all credit applications. You may submit your credit application over the phone, online, or in person. Choose the method of submission that you are most comfortable with. Allow Planet Motors to guide you through the process of buying a car with bad credit.