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The place where you buy the product has its own financing. They will finance the product for you.
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∙ 16y ago
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What are the advantages of buy here pay here financing?
Opportunities to improve credit, trade-in flexibility and available cars and credit are some of the advantages of "Buy Here Pay Here (BHPH)" financing.
Where can one find a list of car dealers offering Buy Here Pay Here financing?
You can find a list of car dealers offering Buy Here Pay Here financing at various websites. A good example would be BuyNPayHere. They have a list which is seperated by state and city.
Where is it possible to get car loan financing?
There are a number of places that offer car loan financing. Depending on an individual's credit score it can be done through a bank or through a car lot that offers buy here, pay here financing.
What is a buy here pay here car lot?
This usually refers to a car dealer that does their own financing. Because there is often no bank, you would pay the car lot directly.
Can you take a buy here pay here car out of state?
Most places that allow customers to 'buy here, pay here' will let a buyer take a vehicle to a neighboring state. The business doing the financing will want to be notified if a buyer moves out of state, though.
How can one obtain car financing if they have bad credit?
To obtain car financing with bad credit can be done by purchasing from a car lot that advertizes " buy here pay here". You will find that with bad credit you will pay a higher interest rate than if you had good credit.
Is there a lot of financing available for used cars?
Financing most likely depends on what kind of car lot you go to to get a used car. Buy here pay here places dont do financing, your better going to a newer car lot that can finance for you or get a loan through a bank.
If you take a car back to a buy here pay here do you still have to pay the balance?
Yes, of course. Read your contract. A BHPH lot offers alternative financing to people who can't get financing otherwise. The terms are the same as any standard financing agreement. Bringing a car back, whether voluntarily or involuntraily is still a REPO. So, the dealer has the option to sell your repo at whatever price he accepts and sue you for the balance. This isn't Wal-Mart!
Can SSI payments be used to qualify for a car loan?
I'm on ssi and havent been able to get one and my credit score is 750. I was told to that I had A good chance trying A in house financing lot (buy here pay here)
How many days do you have to return a car from a buy here pay here dealer?
None, The automitive business has no 72 hour right to retun clause. If you sign the paperwork and drive the car off of the lot the car is yours along with the financing.
What can you do if a 'buy here pay here' reports your car as repossessed but you still have it?
Offer to buy it.
Can a buy here pay here car be repossessed?
Even though it is a buy here pay here dealer it is in the contract you signed. You dont pay they will take your car and you WILL have to pay the late payments on top of the repo cost before you get your car returned.
