How Does Buy Here Pay Here Work?
Buy Here Pay Here is an in-house financing option that we provide if obtaining a traditional loan is not an option for you at this time. To qualify for a BHPH loan, we require a few basic stipulations from you:
Some important things to know about BHPH:
BHPH isn't for everyone. Often times, traditional financing is preferred (we have banks that work with all credit situations), however, we can always find a way to get you into a vehicle. If you'd like to apply for financing, BHPH or otherwise, please take a minute to fill out our quick online application. Alternatively, you can always send us a message through email or give us a call. We're always happy to help!
- 40% of the selling price of the vehicle is required as a down payment
- Typically BHPH is done on vehicles priced $9,500 and below.
- The balance of the loan is paid in weekly payments to the dealership. In some situations, we are also able to set up bi-weekly payments.
- BHPH loans are short term (12-18 months) and always include a mechanical warranty