Services
Insurance
Repairs
Advice
About

Is 753 a good credit score for a car loan?

I just moved to a new city, and I’m hoping to pick up a little extra cash as a part-time delivery driver. I want to get a used car for the job—nothing too fancy, something with great gas mileage. I’m putting together a monthly budget now that I’ve got a different apartment. What sort of terms will I be looking at with a 753 credit score?

avatar
Samuel Todd · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Getting a car with awesome gas mileage is a smart move—and you should have no problem financing it. With a great credit score of 753, you can look forward to an interest rate of below 5.4%.
Your credit rating falls into the upper end of the “Prime” category for loans. According to the numbers from Experian, that means you should be able to secure a strong APR on a used car loan—or, if you did switch to a new car, an even lower APR of about 3.6%. Of course, your exact number will depend on the details of your specific loan (how long you take to pay it off, what payment plan you use, etc.).
If you want to free up a little extra breathing room for your budget, we know the perfect way. Upgrading your car will probably increase your insurance rate—but you can fight to keep your monthly payments low with
Jerry
.
Jerry is a car insurance shopping genius that will get you the cheapest rates on the market. Just download the app, sign up in 45 seconds, and let Jerry show you the best prices from over 50 top insurers.
Then, all you have to do is choose your favorite one, get switched over, and watch the savings pile up—the average Jerry user saves $887 on
car insurance
!
View full answer 
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

Join 4M+ members in lowering their car insurance

What Others Are Asking

Easiest way to compare and buy car insurance

√
No long forms
√
No spam or unwanted phone calls
√
Quotes from top insurance companies
Find insurance savings