Buy here pay here is our specialty. Here at the BHPH Car Guys. When the bank says no to a car loan you can count on us to guide you in the right direction. Call us and find out why we’re the areas #1 source for buy here pay here car shoppers to find good dealers.
Customers that frequent buy here pay here dealers normally have credit scores below 560 and are not in a financial position to be able to get conventional financing from banks or secondary lenders. If they’re not able to make a cash purchase, then the buy here pay here route is a lot of times the only way they have to be able to purchase a financed car or truck.
Also typical loans that are provided by buy here pay here dealers will have higher interest rates associated with them and are not normally extended out 60 and 72 months the way traditional bank loans on vehicles are.
Can I Get Pre-Approved Online?
Yes you can apply online for Pre-Approval. But the truth is there’s know way to know until you go and choose the vehicle that you would like to own. It’s a lot easier to be pr-approved for a $8000 car or truck than one that costs $12000.
What Do I Have to Do to Get Started?
It starts with contacting or visiting the BHPH (buy here pay here) dealership that has the respective car that you’re interested in. Or finding a local dealer that finances in house for people with credit issues looking to buy used cars.
After the buyer finds a car, truck, or SUV that suits their tastes and needs the process unfolds like it does with any other car purchase. Meaning test driving, and getting to know the sales rep and the history of the dealership. Here with the Louisville bhph car guys are team members are ready and available to assist you.
BHPH customers owe it to themselves to shop around. Not all of the dealers that have in house on the lot financing are as reputable as others. And like any other type of major purchase, customers should be diligent about checking with the BBB and other established business tracking entities and consumer agencies.
Do I Have to Have Full Coverage Insurance?
Most all dealerships will require you to have full coverage insurance on any vehicle that you’re financing. If the vehicle is wrecked or damaged in an accident they will want to recoup the amount still owed on the vehicle. If you are injured in a car accident call the Harper Law Co to learn if you’re entitled to any compensation . For fast easy auto insurance quotes in Louisville KY we recommend Family select insurance. They shop multiple insurance carriers and get you the best rates possible. Also they can have you set up quickly so that you’re policy is in place before you leave the dealership [Click Here] to visit their site.
Buy Here Pay Here Resources
For more knowledge on this process WIKI provides an in depth article. Also there are lots of Youtube videos out that explain the process fairly well.
If you’re in the Louisville KY or southern Indiana area and need the services of a buy here pay here dealer, we have 4 team members at different locations in and around the louisville and Southern Indiana area that can help you with a purchase. Just fill out our CONTACT US FORM or call the number listed here and we’ll get right to work for you.