Types Of Buy Here Pay Here Cars
Are you looking to purchase a car from a buy here pay here dealer? If so, you may be wondering what types of cars might be available for purchase. While the vehicles aren’t brand new, they will provide you with the transportation you need. With most BHPH dealers, you can expect the cars to be 5 years old or older and to have at least 70,000 miles on the odometer. If you were to browse a typical dealer’s selection of buy here pay here cars, it’s likely that you’re not going to find the car of your dreams. You will, however, find much needed transportation.
An Older, Inexpensive Cars
If you are looking to purchase a car from a dealership that offers in-house car financing, chances are you’ve experienced significant credit damage. CarLotLoans provides you with access to a network of buy here pay her car dealers that offer auto financing so you can have the car you need. Just because your financial standing isn’t perfect doesn’t mean you have to forfeit your right to own a vehicle.
Although vehicles sold by BHPH dealers are older, there are some definite advantages to purchasing an older car, including:
- Less depreciation
- Less expensive
- More affordable monthly payments
- It will provide you with much needed transportation
- Lower car insurance
- The opportunity to re-establish your credit
Best Manufacturers For BHPH
Typically, a BHPH sale is structured in a way that the dealer is essentially financing his profit. In order to achieve this, the dealer needs to purchase inexpensive cars or have you, the customer, come up with a sizable down payment.
The best buy here pay here cars come from domestic manufacturers such as Chevrolet, Ford, Dodge etc. because these vehicles don’t hold value like the import counterparts. This doesn’t mean you won’t be able to purchase a Toyota, Nissan or Honda, it simply means there will be more selection on the domestic side.
Remember, buy here pay here auto dealers are one stop shops for people with very bad credit to buy a car and get financing. If your credit is too poor to qualify through traditional lenders, you will be a little limited in terms of choice. This is not to imply however, that you should throw yourself at the mercy of the dealer and say yes to any offer made to you. There are many BHPH dealers out there and you do get to choose who ultimately earns your business.
Get Started Today
CarLotLoans works with a network of buy here pay here car dealerships throughout the United States. Complete our secure, online application and we’ll put you in touch with one of our dealers—it’s fast, easy and it’s convenient!