Couple looking stressed about financial situation

Bad credit or no credit and in need of a new vehicle?

What are the benefits of a buy here pay here dealership?

You are in the market for a used vehicle. However, you have unfortunately had a set of tough circumstances come your way and you have less than perfect credit. You are not able to purchase a used vehicle with the help or a lending institution, so what can you do? Have you considered visiting a buy here pay here dealership? Wondering what are the benefits of a buy here pay here dealership? Keep reading to learn more about working with a buy here pay here dealership such as Carizma Motors!

Key and money on top of paperwork for a vehicleWhat is a buy here pay here dealership?

Before we jump into how buy here pay here dealerships are beneficial, let’s make sure that we are all on the same page with regards to what a buy here pay here dealership is. A buy here pay here car dealership is a car dealership that offers in-house financing options. They have a finance team that will work with you to find and finance a vehicle that fits into your lifestyle and budget.


Myths about buy here pay here dealerships that are not true


Man calculating financialsWhy is a buy here pay here dealership beneficial?

As stated above, one of the benefits of a buy here pay here dealership is that if you have bad credit or no credit, you can still purchase a vehicle. At Carizma Motors, we offer in house financing and do not turn anyone away due to their credit history.

Another benefit of a buy here pay here dealership is that you are able to purchase a vehicle little money down. This will vary from dealership to dealership, but in general, the amount of money you need to put down is less than what you would need to put down at a traditional dealership.

Finally, the process of getting a loan from a buy here pay here dealership is much quicker than if you were to receive one from a bank or a lending institution. At Carizma Motors, we help expedite this process with our secure online pre-approval application. Once this is complete, this makes the process of purchasing a vehicle even faster!

Read More: How to raise your credit from bad to good

Happy couple with cash in their handsWhere can I learn more?

At Carizma Motors, we put our customers and their needs first. Stop out and see us today. Our friendly staff and finance department team members would be happy to discuss your options with you. Otherwise, give us a call at 806-712-2273 or 806-712-2279 to learn more.


What is a buy here pay here dealership?