Shopping for a new car, truck, or SUV in Rhode Island? Need to finance with bad credit?
Buy Here ‘N Pay Here has partnered with dealers in RI who approve financing for no credit, bad credit, & even bankruptcy. These dealers offer in-house financing, popularly referred to as Buy Here Pay Here dealers. That means they lend you the money for your car out of their own pocket rather than going through an indirect lender. You make your car payments to them at the car lot, by phone, or online.
Buy Here ‘N Pay Here can help you get approved for financing from a RI Buy Here Pay Here Dealer near you. Just submit your free, 3-minute auto credit application. Our advanced data engine will go to work finding you a nearby dealer willing to extend you credit. With your credit already approved for financing, you can step onto the car lot with added confidence and negotiating leverage. It puts the fun back in car shopping, enabling you to focus on the car you want, not the financing you need approved.
Tips for Buying a Used Car
Pre-owned vehicles are at the core of most BHPH car lots in Rhode Island — best choice if your credit history is marred by bankruptcy, repossession, or poor credit in general.
A pre-owned vehicle will be more affordable to finance, insure, and trade-in than a showroom-new counterpart. With bad credit come hiked-up interest rates, so minimized your car payment prior finance charges is key.
Budgeting for your New Car
Personal finance advisers recommend putting 18-19% of your monthly budget toward car payments and transportation costs. Keep in mind true cost of ownership: gas, car insurance coverage, maintenance, tag and title fees all factor into this equation. If you take home $3000 monthly, you should spend roughly $570.