 TITLE: Is Now a Good Time to Buy a Car? CONTENT: How Does Buying a Car Impact Your Credit?\n-----------------------------------------\nBuying a car will only impact your credit if you finance the purchase. Often, you'll see multiple hard inquiries as you shop for a car loan. But don't worry: Many credit scoring models will count them as one inquiry if they occur within a 14-day period. Then, the new car loan will appear on your credit report as well.\nWhile you might see an initial dip in your credit scores, making your payments on time can help you build positive credit. If you want to check your progress, you can sign up for free Experian credit report monitoring online. END