The Basics of Buy Here Pay Here Financing
Designed for Poor Credit Situations
Where You Make Payments
The Cars on the Lot
The Car-Buying Process
If you have ever been to a dealership, you know that the financial negotiations usually come after you have looked at cars in your price range. At buy here pay here car lots, the salesperson will look into your financial affairs first. Whether this involves running a credit report, finding out how much of a down payment you are going to make or some other sort of combination, your financial situation plays a major role in the cars that the sales representative is going to show you.
Buy here pay here financing is different in some ways from an experience at a traditional car dealership. However, as you can see, the two types of processes do share some similarities as well.