Buy Here Pay Here Car Lots
If you're looking for bad credit car financing that offers guaranteed approval, one option you might consider is a buy here pay here car dealership. More and more people are suffering from poor credit scores and many are being turned down by traditional lenders and at car dealerships. We are here to tell you that you're not alone, and that we can get you the financing you need regardless of whether you have good credit, bad credit, or no credit.
Buy Here Pay Here Dealerships are different
Before you can understand what makes a BHPH dealer different, you need to know what it means. Buy here pay here financing means that you arrange a loan and make payments on it at the dealership. You purchase the car, truck, SUV, or minivan through in house financing car dealerships instead of through a third party lender.
Many things separate these dealerships from traditional lenders, but the biggest is the shopping experience. Here at http://Approvedtodrive.us, it is our goal to keep you within your budget so you can make each payment on time and comfortably. This is why the BHPH car dealerships we send you to discuss your financial situation first. Before you get your heart set on a car you can't afford our financial experts will sit down with you and figure out exactly how much you are approved for, including your interest rate and loan terms. Then they will find a car that fits that mold.
Along with the shopping experience there are other things that separate buy here pay here car lots from other used car dealerships and these include:
- Loan repayment structure
- No credit check required
- The types of vehicles sold
- Interest rates
Buy here and pay here dealerships will structure your loan or rent to own terms to meet your pay schedule. This means if you get paid weekly then you will have an affordable weekly payment; if you're paid bi-weekly then you will have a bi-weekly car payment. This is especially helpful when you need low payments.
Generally, these car dealers don't care about your credit score, which is why they are so popular among the consumers with bad credit. They don't normally perform a credit check when you apply for auto financing, and therefore, there is a guaranteed approval to anyone with a steady income.