If you’ve found that every other credit avenue for financing a car is closed to you, a Buy Here Pay Here (BHPH) dealer may be your last, and best, resort. For a variety of reasons, however (such as a spotty credit history, no credit or a very low credit score), traditional lenders may not work for you.
Unfortunately, once a car dealership learns your credit is less than perfect, they may treat you differently. Most likely they will show you a limited selection of older cars, usually of lower quality, without consideration for what you really want. At Buy here pay here our financing center will listen to your wishes, determine what you need and can afford. Then we find the right car, at the right price, and the best way to get you qualified approved and in the seat of something you REALLY want to drive!
That depends on the price of the car. A more significant down payment will always improve your chances of obtaining approval sooner. Not only that but with a larger down payment your car payments will be lower, and you have the possibility of paying your vehicle off sooner rather than later. If you are not sure about how much of a down payment you will need or what you can afford based on your monthly payments, give us a call and we will help you out.