Approval is typically based on proof of employment rather than a high credit score. Potential Risks and Cons Pros and Cons of Buy Here Pay Here Financing - Auto Masters
The dealer first assesses your ability to pay based on your income and residency. what is a buy here pay here car dealership
These dealerships specialize in helping buyers with bad credit or no credit history who have been denied elsewhere. Approval is typically based on proof of employment
They then show you a limited selection of vehicles that fit your approved budget. the process is often reversed:
In a typical car-buying scenario, you choose a car and then apply for a loan through a third-party financial institution. At a BHPH lot, the process is often reversed: