What credit score do I need to buy a $60,000 car?

Written by Editorial Team | Last Updated: August 2026

Financing a luxury or high-end vehicle costing $60,000 requires a strong financial profile to avoid exorbitant monthly payments and high interest charges. Lenders typically look for a good to excellent credit score of 700 to 740 or higher to secure prime auto loan interest rates for a large loan amount. While buyers with fair credit scores between 600 and 650 can sometimes get approved, they are usually required to provide a massive cash down payment.

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