Auto Credit Express Videos

Buy Here Pay Here Car Lots- Video Guide

Today I want to talk a little about buy here pay here car dealers. For those of you who aren't familiar with the phrase, buy here pay here refers to a car dealership where you can not only buy a car, but you can finance it, right there, with money borrowed directly from the dealer. With this kind of arrangement, you would be making your car payments directly to the dealer, and not to a bank or finance company.

Buy here pay here dealers have helped lots of people buy a car who otherwise might not have been able to. Since these dealers fund the loans themselves, they don't require credit checks. But this also means that in most cases, repaying a buy here pay here car loan does NOT help your credit.

Many people seek out buy here pay here dealers because they think that no regular dealer will be able to get them approved.

This IS true in some cases. Will a regular dealer get you financed if you earn $500 a month, have been on the job for 3 weeks, and have no credit history? Probably not. But many people who believe that a buy here pay here arrangement is their only option may be surprised at what options they truly have.

For years Auto Credit Express has been helping people with credit problems get approved for new and used car loans. Our dealers work with the lending companies to get you approved. Yes, your credit report will get checked; but once you are approved, each month you make your car payment you are rebuilding your credit score and reestablishing your financial future.

So if you need to buy a car, and you think your only option is a buy here pay here dealer, give us a shot first. Let us explain the benefits of getting financed with us, and let us get you into a new or pre-owned car while rebuilding your credit at the same time.