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What is a Buy Here, Pay Here Car Dealership?

by - Posted 2 years ago

Whether you have bad credit or no credit, a lack of a solid credit history can make it difficult for many potential vehicle buyers to get the money they need to purchase their next vehicles. If you worry that your credit will prevent you from securing approval for a car loan, a buy here, pay here car dealership can help you purchase an automobile so that you know you have access to reliable transportation.

Fast Start Auto is a buy here, pay here dealership that's dedicated to helping drivers obtain the financing they need to buy their next vehicle. Here's what you need to know about the buy here, pay here process.

How Do Buy Here, Pay Here Car Dealerships Work?

Typically, when you buy a car, you use a loan from a vehicle financing lender or bank to pay for your vehicle. You can acquire financing from your bank, or the dealer can pass your info to their lender network to see what loans you're eligible for.

When working with buy here, pay here car lots in Ogden, Utah, the car lot provides your financing in-house. Instead of making payments to the bank, you'll make your payments directly to the car dealership. This eliminates the strict credit requirements that are typically associated with vehicle loans.

What are the Benefits of Using a Buy Here, Pay Here Car Dealership?

By offering in-house financing, buy here, pay here car lots in Ogden, Utah are able to provide financing to vehicle buyers who otherwise might not qualify for an auto loan.

There are minimal credit requirements associated with buy here, pay here arrangements, making this purchasing alternative a terrific option if you have bad or no credit.

Another benefit of buy here pay here financing is that there are low or no down payment requirements. If you don't have a ton of cash available, this won't prevent you from purchasing a new-to-you vehicle.

The process is fast and easy, and you don't have to worry about being turned down for a vehicle loan. You can save time by skipping the process of shopping for financing; instead, just visit us at Fast Start Auto and you can shop for and finance your car in one convenient visit.

To qualify for buy here, pay here financing, bring proof of your income (like a paycheck stub) and residence (such as a utility bill or piece of mail).

Can a Buy Here, Pay Here Arrangement Help You Improve Your Credit?

Even though buy here, pay here car lots in Ogden, Utah like Fast Start Auto don't require perfect or established credit, a buy here, pay here arrangement can help you establish or improve your credit.

We report your financing arrangement to the major credit bureaus, and as you make your required payments, we'll report these payments, allowing you to build a history of on-time payments. This will help you improve your credit score and establish a stronger credit history.

How Fast Start Auto Can Help You Purchase a Vehicle

At Fast Start Auto, it's our goal to make vehicle ownership more accessible, even if you have challenged credit. Stop by our dealership today, and we'll let you know how much we can approve you for and show you vehicles that fit your budget.