Index
SALES: (812) 299-4505
13350 S US Highway 41, Terre Haute, IN  47802
Contact Information

What Is A Buy Here Pay Here Car Lot?


Image

What Is A Buy Here Pay Here Car Lot?

Have you ever found yourself in a bad financial situation with little to no credit? Perhaps you are currently struggling with your credit, but you also need to find a used car for sale. If this is the case, you may be discouraged by typical dealerships that check credit to determine loan eligibility. You shouldn’t let low credit make you give up on your car search, however. Buy here pay here dealerships are a great choice for anyone looking for a vehicle with low credit.

With years of experience providing buy here pay here near Terre Haute, we at Terre Haute Auto have an exceptional understanding of buy here pay here car lots. For this reason, we have compiled a list below to describe buy here pay here services to assist you in finding a car with low credit.

1. Serves Car Buyers With Little To No Credit

Car lots, such as Terre Haute Auto’s buy here pay here near Terre Haute, provide an excellent solution for anyone looking for a car with little to no credit. In fact, buy here pay here dealerships primarily cater to buyers with poor credit. You should note, however, that buy here pay here dealerships only provide used cars for sale since they are more affordable than new ones.

2. Determining Loan Eligibility

As you may know, most typical dealerships near you use credit to determine auto loan eligibility. Thus, if you have bad credit, you may be wondering how buy here pay here dealers, like our used car lot in Terre Haute, Indiana, determine eligibility for low-credit buyers. To cater to buyers with little to no credit, buy here pay here dealerships near you use factors other than credit to determine loan eligibility, which can be seen listed below:

  • Income-to-debt ratio
  • Employment status
  • Living situation

3. No Credit Loans Still Impact Credit

Although buy here pay here used cars for sale don’t require credit to get an auto loan, financing a vehicle will always have an impact on your credit. If you make payments on time, your credit score will increase. On the other hand, if you miss payments or haven’t paid a loan in a while, your credit score will decrease. Hence, if you are in a bad credit situation, a buy here pay here loan can help you if you make timely payments.

4. Streamlined Process

Easy and streamlined service is a significant benefit of shopping at buy here pay here car lots near you. The reason for this quality service is that buy here pay here dealers handle all financial services in-house at the dealership. Overall, this in-house financing allows you to find and purchase a vehicle quickly and efficiently.

5. Limited Selection Of Vehicles

One disadvantage of shopping with some buy here pay here car lots near you is the limited selection of vehicles. This is because the selection of cars is typically limited based on your financial eligibility. With this being said, you should still strive to find a dealership with a variety of vehicles that caters to your needs and wants. If you want to take advantage of buy here pay here near Terre Haute, you are sure to be surprised by Terre Haute Auto’s diverse selection of cars, setting us apart from typical buy here pay here car lots.

6. Takes Down Payments And Trade-Ins

If you want to save money on a car for sale near Terre Haute or anywhere else, you should consider a down payment or trade-in. Along with this, buy here pay here dealerships encourage down payments and trade-ins since they help to save money on an auto loan’s interest rate and minimum payments. A down payment should typically be twenty percent of a vehicle’s value. A trade-in is similar; however, the amount of money you save will depend on the car you trade-in and whether or not the dealership is offering trade-in incentives.

Page  1  2
Exterior: 
White
Interior: 
Charcoal Black 
Mileage:
152,623
Engine:
4cyl, 2.0L, 252.0hp
Cab Type: 
4dr Car
Model #: 
P3L
VIN:
1FADP3L97DL239662
Stock #:
102444
  
$13,900
DESIRABLE FEATURES: Include Alloy Wheels, Bluetooth, Remote Entry, Push Button StartThis front wheel drive 2013 Ford Focus Hatchback ST features a Oxford White exterior with a Charcoal Black interior and has only 152,623 miles.INTERIOR OPTIONS: Cloth Seats, Leather Wrapped Steering Wheel,...   Read More
Exterior: 
Red
Mileage:
139,577
Engine:
6cyl, 3.6L, 305.0hp
Model #: 
1GZ69
VIN:
2G1165S34F9285980
Stock #:
102118
  
$14,900
DESIRABLE FEATURES: Include Htd Seats, Alloy Wheels, Rear Camera, Leather, Remote Start, Bluetooth, Blind-Spot Monitor, Sirius XM, Remote Entry, Push Button Start, Auto Climate ControlINTERIOR OPTIONS: Rear Heat / AC, Adjustable Lumbar Seats, Power Drivers Seat, Leather Wrapped Steering Wheel,...   Read More
Exterior: 
Blue
Interior: 
Gray 
Mileage:
96,014
Engine:
4cyl, 2.0L, 147.0hp
Model #: 
C3422
VIN:
3KPFL4A79HE132150
Stock #:
102169
  
$14,900
DESIRABLE FEATURES: Include Bluetooth, Remote Entry, Sirius XMThis front wheel drive used 2017 Kia Forte LX features a Deep Sea Blue exterior with a Gray interior and has only 96,014 miles.INTERIOR OPTIONS: Cloth Seats, Air Conditioning, Adjustable Steering Wheel, Bucket Seats, Pass-Through Rear...   Read More
Exterior: 
Blue
Interior: 
Grey 
Mileage:
114,566
Engine:
4cyl, 2.4L, 185.0hp
Model #: 
CR2F3EEW
VIN:
1HGCR2F36EA098633
Stock #:
TR102240TH
  
$14,900
DESIRABLE FEATURES: Include Alloy Wheels, Bluetooth, Remote Entry, Auto Climate ControlThis front wheel drive used 2014 Honda Accord LX features a Blue exterior with a Grey interior and has only 114,566 miles.INTERIOR OPTIONS: Cloth Seats, Air Conditioning, Driver Illuminated Vanity Mirror,...   Read More
Exterior: 
Silver
Interior: 
Gray 
Mileage:
105,047
Engine:
6cyl, 3.6L, 323.0hp
Model #: 
1EF37
VIN:
2G1FD1E33F9184199
Stock #:
102013
  
$15,900
DESIRABLE FEATURES: Include Alloy Wheels, Bluetooth, Remote Entry, Sirius XMThis rear wheel drive 2015 Chevrolet Camaro LT features a Silver Ice Metallic exterior with a Gray interior and has only 105,047 miles.INTERIOR OPTIONS: Leather Wrapped Steering Wheel, Power Drivers Seat, Cloth Seats,...   Read More
Exterior: 
White
Interior: 
Black Leather
Mileage:
80,983
Engine:
6cyl, 3.6L, 295.0hp
Model #: 
UFFS41
VIN:
1C3CCCEG0FN620505
Stock #:
102137
  
$15,900
DESIRABLE FEATURES: Include Alloy Wheels, Htd Seats, Leather, Remote Start, Bluetooth, Sirius XM, Remote Entry, Auto Climate Control, Push Button StartThis all wheel drive used 2015 Chrysler 200 C features a Bright White Clearcoat exterior with a Black interior and has only 80,983 miles.INTERIOR...   Read More
Exterior: 
Blue
Interior: 
Charcoal Black Leather
Mileage:
55,236
Engine:
4cyl, 2.0L, 231.0hp
Model #: 
P0K
VIN:
3FA6P0K91GR151172
Stock #:
102416
  
$16,900
DESIRABLE FEATURES: Include Rear Camera, Alloy Wheels, Htd Seats, Leather, Bluetooth, Remote Start, Remote Entry, Sirius XM, Premium Audio, Push Button Start, Auto Climate ControlThis front wheel drive used 2016 Ford Fusion Titanium features a Deep Impact Blue exterior with a Charcoal Black...   Read More
Exterior: 
Gray
Interior: 
Ebony 
Mileage:
92,452
Engine:
4cyl, 2.0L, 188.0hp
Model #: 
P0L
VIN:
3FA6P0LU6JR219511
Stock #:
TR102443TH
  
$16,900
DESIRABLE FEATURES: Include Alloy Wheels, Rear Camera, Bluetooth, Sirius XM, Remote Entry, Auto Climate Control, Push Button StartThis front wheel drive 2018 Ford Fusion Hybrid SE features a Magnetic Metallic exterior with a Ebony interior and has only 92,452 miles.INTERIOR OPTIONS: Adjustable...   Read More
Exterior: 
Gray
Interior: 
Black Leather
Mileage:
91,448
Engine:
6cyl, 3.7L, 332.0hp
Cab Type: 
2dr Car
Model #: 
42210
VIN:
JN1AZ4FH7AM303692
Stock #:
102409
  
$17,900
DESIRABLE FEATURES: Include Soft Top, Htd Seats, Alloy Wheels, Cooled Seats, Leather, Bluetooth, Premium Audio, Sirius XM, Remote Entry, Push Button Start, Auto Climate ControlThis rear wheel drive 2010 Nissan 370Z Touring features a Magnetic Black Metallic exterior with a Black interior and has...   Read More
Exterior: 
White
Interior: 
Dark Pewter/Dark Titanium 
Mileage:
80,510
Engine:
4cyl, 1.4L, 138.0hp
Model #: 
1JV69
VIN:
1G1JD5SB3L4104864
Stock #:
102302
  
$19,900
DESIRABLE FEATURES: Include Rear Camera, Alloy Wheels, Bluetooth, Sirius XM, Remote EntryThis front wheel drive used 2020 Chevrolet Sonic LT features a Summit White exterior with a Dark Pewter/dark Titanium interior and has only 80,510 miles.INTERIOR OPTIONS: Cloth Seats, Bucket Seats,...   Read More
Page  1  2
View ArticlesSave ThisPrint ThisTell A Friend