Buy Here Pay Here: What It Really Means
If you’re considering Denver auto pawn, it’s important to know the details behind buy here pay here.
What Is Buy Here Pay Here?
Buy here pay here is a convenient option for buyers. With this type of financing, you arrange the loan and make loan payments at the location from where you purchase the car. In essence, you can find, buy, and finance a car in one swoop.
Because the buy here pay here dealer has approval authority, buyers are almost guaranteed to get approved. As long as you have a steady income and a permanent physical address, your chances of getting approved are quite high.
The benefits of buy here pay here financing include:
- Available for people with no or low credit
- Easy approval process
- One-stop shop (convenient)
You’ll find that certain dealerships and pawn shops offer buy here pay here financing. If you want to own a car but have bad credit, this is a financing option worth considering.