What Is A Buy Here Pay Here Dealership?

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At AutoSmart, we believe that financing should never prevent you from driving the car you desire. Our range of flexible options, such as in-house financing (also known as “bad credit car loans”), allows us to assist anyone in finding a vehicle that suits their lifestyle and budget—even if they’ve faced credit challenges before.

We understand how discouraging it can be to face rejections from external lenders. At AutoSmart, we are the lender, which means we have the final say. When it comes to securing financing, we’re here to support you throughout the entire process, helping you drive away in your next vehicle.

Bad Credit Car Loans

Credit Building

Every on-time payment made toward the car loan is a positive mark for your credit score

Affordable Down Payments

Our customers are offered affordable, low down payments to finance a new vehicle

Trustworthy

Our mission is to help customers who might not be qualified to lend elsewhere

What is a Buy Here Pay Here?

Buy Here, Pay Here dealerships offer a simple solution for car buyers by providing a one-stop-shop experience. At these dealerships, you can select a vehicle, secure financing, and make payments—all in one place. This approach streamlines the car buying process, offering a single, reliable source to manage every step. Dealerships like AutoSmart are especially appealing for those with less-than-perfect credit.

While traditional lenders may turn down buyers with credit challenges, Buy Here, Pay Here dealerships like AutoSmart can offer greater flexibility, providing in-house financing options that help more customers get approved.

How Does Buy Here Pay Here Work?

Buy Here, Pay Here dealerships provide in-house financing directly to those purchasing a vehicle from them, allowing buyers to make manageable monthly payments directly to the dealership. AutoSmart stands out for its flexibility, offering both in-house and traditional automotive financing options.

Once approved for a car loan, customers can select from a wide range of vehicles at the dealership, with a clear understanding of their payment terms. Ultimately, Buy Here, Pay Here dealerships collaborate with drivers to arrange financing and help them get behind the wheel of their desired vehicle.

What is In-House Financing?

Yes, you can still get a car loan even with a less-than-perfect credit score! That’s where Buy Here Pay Here financing comes into play. At our Buy Here Pay Here dealership, we believe every car buyer deserves the chance to “Own Your Journey.” Since these dealerships offer in-house financing, they can assist credit-challenged buyers without turning them away, helping drivers start their path toward building better credit. Additionally, Buy Here Pay Here dealerships like AutoSmart often don’t require a large down payment, making the process even more accessible.

Busting 3 Common Buy Here, Pay Here Myths

Does Buy Here Pay Here Hurt Your Credit?

Many people may think that partnering with a Buy Here Pay Here dealership could harm their credit score, but it can actually have a positive impact. This type of in-house financing can help those with credit challenges begin their journey toward credit repair. It also provides a valuable opportunity for individuals with no credit history to establish one. As long as the dealership is reliable and reports payments to credit bureaus, each on-time payment can boost your credit score. Ultimately, financing through a Buy Here Pay Here dealership can be a smart step toward improving your credit!

Does Buy Here Pay Here Require Big Down Payments?

Buy Here Pay Here financing does not require a large upfront down payment. One of the key advantages of working with a Buy Here Pay Here dealership is the convenience of in-house financing. Unlike traditional dealerships, these dealerships handle both the vehicle sale and financing, making them a one-stop-shop. They are known for providing customers with affordable, low down payment options, making it easier to finance a new vehicle.

Is Buy Here Pay Here a Bad Idea?

You may have heard the rumor that Buy Here Pay Here dealerships are unreliable, but this couldn’t be further from the truth. These dealerships specialize in providing loans to individuals who might not qualify for financing at traditional dealerships, offering a second chance to those in need. With in-house financing, Buy Here Pay Here dealerships can extend auto loans to a wide range of car buyers, using their own funds to support those seeking a vehicle. Far from being unreliable, they often demonstrate their dedication to customers by offering perks like car warranties and free oil changes. Buy Here Pay Here dealerships are truly a valuable resource for those who may have difficulty securing loans elsewhere.