Buy Here Pay Here Peoria

What does “buy here pay here” mean?

When you don’t have cash available to buy a car and have been turned down for a car loan due to bad credit or other reasons, don’t overlook the option of purchasing a vehicle from buy here pay here car lots. A buy here pay here dealer can assist by setting up an in-house financing plan. Here’s what to expect at a buy here pay here car lot.

Dealing with The AutoLink Inc may be easier than working with traditional car dealerships as we want to enhance your car buying experience. With pay here financing, you can make loan arrangements and payments on your purchase all at the same place. The dealership acts as a one-stop-shop for buyers that need financing.

Financing with most buy here pay here dealerships is easier but may come with a little higher interest rate. Suppose you are classified as a ‘high risk’ borrower. In that case, you will most likely have to pay higher-than-average interest rates. Here at The AutoLink Inc, we value you as a customer and don’t base our decision just on credit reporting. We take many things into consideration. We value your trade, your recent payment history, current income, other household income, and more.

But, getting approved means you can finally purchase that car you desperately need. At most buy here, pay here dealerships; you can even use the value of a trade-in as a down payment for the purchase!