Find a Used Car for Sale and Buy It, Even with Bad Credit
Buy Here Pay Here car dealerships are designed to help people who can’t get a traditional bank loan to be able to purchase a used car at a reasonable price, regardless of their credit score. Most cities in the United States have at least one buy here pay here car lot within the city limits, making it convenient for people to find a reliable ride when they may otherwise have few options.
There are several benefits to purchasing a vehicle from a buy here pay here dealership. Let’s review them!
Buy Here Pay Here Dealers Don’t Care About Your Credit
If you’ve ever struggled with a low credit score or less-than-perfect credit history, then you know how hard it is to find a bank or credit union who will approve you for a loan – for anything! These traditional lenders are wary because one of their major judgments toward whether they believe you will pay back your loan falls directly to the three-digit number that makes up your credit score.
Regardless of whether you’ve turned over a new leaf, or have made significant progress to increase your score over the last few years, it’s still likely these lenders won’t give you the money you need and deserve so you can purchase one of the many used cars for sale in your area.
A true buy here pay here car dealership will approve you for a loan, no matter how low your credit score is. In fact, most don’t even check it! That’s because they don’t care what your credit score is and only care that you are earning enough money to pay back a car loan. (And you probably do!) As long as you can demonstrate that you are regularly employed and receiving paychecks, a buy here pay here car dealership will help you get into a better-used car, usually within a few hours.
You Can Afford Your Monthly Payments
If you’re on a limited income and only have so much money in your budget for a car payment, don’t worry! The salespeople and financing representatives at a pay here buy here car lot are experts at helping you determine how much you can afford to spend on a car payment each month, and showing you only the vehicles for sale that you can afford. They don’t tease you with test drives of vehicles far outside of your price range in an effort to collect a big commission.
Instead, they care about you as a person and want to help you, because they know that you need a reliable vehicle to get to school or work and to run errands in.
Buy Here Pay Here Dealers Sell Reliable Used Cars
When you purchase a car from a buy here pay here lot, that means you’re financing through the dealership, not a third-party bank. The car lot is the one extending you the loan. Buy here pay here car lots would never stay in business if they sold lemons and didn’t care about the quality of cars, trucks, and SUVs that they sell.
But because they are literally backing your loan, they work hard to make sure that the cars they offer for sale are some of the absolute best available at varying price points. Most buy here pay here car dealers to put each vehicle through a careful, in-depth inspection process before even offering the cars for sale to the public.
Buy Here Pay Here Dealerships Take Trades, Too!
Just like a traditional car dealership, buy here pay here car lots accept trades. If your beater has got to go, then you can get some money for it to put toward your down payment on a much nicer ride at a buy here pay here car lot.
When you bring in your old car, along with its title, the appraiser at the car lot will take a look at it and offer you money for it. You can then apply this toward your down payment to start paying off your principal loan balance even faster or use it to cover the remainder of the money you saved to pay your money down.
Don’t let an outdated perspective of used car lots color your idea of what it means to buy a used car! Visit your local buy here pay here car dealership to see how they can help you buy an awesome pre-owned vehicle.