What buy here pay here is and isn't

Buy here pay here is an excellent way for people to get financed if they are in a tough spot. It can be a long term or short term solution if you're in the process of fixing your credit. Most buy here pay here places will work with you hand in hand to re-build your credit.

They will report to the credit bureau and once you complete the loan then it will go onto your credit bureau and will increase your credit score.

What a buy here pay here place isn't is a way to get into a really nice car for little to no money down. I get customers walking in here all the time asking to get into a Porsche, Caddy or BMW with $500 and bad credit. Just because we are a buy here pay here doesn't mean we will bend the rules for you.

We can finance any and all types of credit but the relationship works both ways. Basically, help us help you. There are things that you need to do and things we need to do to make the relationship work.

The best way to do this is to ask as many questions. if you are unsure about something, ask. If the salesman or manager gives you a bad answer, ask again and again until you understand it. Some places will try and deter you from asking questions. If they aren't willing to answer and you're to the point where you can buy the car or not then walk away. They won't let you go.

There is a way for you to get into a luxury vehicle without any credit or even bad credit. How do you do this? Cash! The more money you have down the more willing these places are going to work with you.

But if you have around $1500 down you can still get a great running car for around $250-$300 a month.

In a sense BHPH places are picky but in a different way. They don't want to have to repo you but will if the communication between everyone stops. Make sure you stay in steady contact with a BHPH dealership, especially if you've fallen on hard times. You aren't the first person to fall behind on a payment and you won't be the last. Many places are willing to work with you if you're nice and respectful and open with them.

If you disapear they have no choice but to try to find you and their car. Cars go missing in BHPH all the time. At our own personal lot we had $100,000 in missing inventory at one point. Thats a lot of money for a small place to have disapear on them. A bank or large business can handle these swings but a small mom and pop BHPH place cannot.