Our network of Kansas Buy Here Pay Here Car Dealers allow consumers to finance a car with credit problems that other car lenders would not approve. That’s because BHPH Dealers offer in-house financing, meaning they lend you the money for your car directly instead of working with a third-party car lender like a bank or credit union which has strict credit guidelines when it comes to auto financing.
Credit Problems OK
- Very Bad Credit
- No Credit
To get you pre-approved for financing before you ever hit your dealer lot, Buy Here ‘N Pay Here allows you to submit a quick online financing application. In no time, you can receive a rate quote and financing approval for Buy Here Pay Here cars in KS near you.
Maximizing Your Car Buying Experience
Auto finance experts recommend getting your financing package pre-arranged. The advantages are many:
- More Confidence
- More Bargaining Leverage
- More Attention to Your Car, Not Your Financing
- More FUN
Pre-Owned vs New Cars
Most buy here pay here cars are pre-owned. This is usually the best choice if you’ve had credit problems. New cars lose 20-25% of their value as soon as they leave the showroom floor.
For instance, you’ll suddenly owe $15,000 for a new car that’s worth only $12,000. If you want to sell the vehicle, you’ll have a significant sum of debt to repay which the auto sale won’t cover, the car just not being worth enough on the private market.
Used cars like those offered on Kansas Buy Here Pay Here lots, however, have already undergone this sudden depreciation. They will hold their value better, and with a Carfax or similar report, you can ensure that you’re buying a vehicle that’s proven reliable.
Knowing Your Credit Score
You should always check your credit report prior to signing any financing deal. Why? Because your interest rate is based largely on your credit score, and without knowing it, you could pay too much. Additionally, credit report inaccuracies and mistakes are all too common; after all, creditors report borrower behavior to credit bureaus, and mistakes happen. You should ensure that your report doesn’t have issues like false bankruptcies, foreclosures, repossessions, or other credit problems that could devastate your score and inflate your financing rates to astronomical proportions.
When you apply for financing via our website, we’ll send you a short email detailing how to check your credit report and find out what range of auto loan interest rates you deserve.