Most people don’t have enough cash on-hand to purchase a vehicle without getting any sort of financing. For many people, this isn’t a problem. If their credit scores are good, they can typically go to any dealership and get approved for an auto loan. But that’s not the case for everyone.
Sometimes, life happens and leaves you with a less-than-perfect credit score. And when it comes time to buy a car, people without a good credit score will probably find it difficult, if not impossible, to get approved for financing at a traditional dealership.
That’s a tough situation to be in, but there is a way to get financing for a great car even if you don’t have great credit.
Buy Here Pay Here Financing
Buy here pay here dealerships, like J.D. Byrider, are able to get you approved for financing even when traditional dealerships turn you away. Because we do all of our financing in-house, we aren’t at the mercy of third-party banks or other financial institutions when making a decision on your loan application.
When a traditional dealership sends your information to a bank, the bank will first look at your credit score. And if it’s not high enough, they won’t even take a glance at the rest of your information before denying your application.
But at J.D. Byrider, we take a look at your whole financial situation, including income and your vehicle needs, before making a decision on your application. While we do look at your credit score, it’s not the only thing we base our decision off of.
To learn more, we created a page that explains the buy here pay here process and one that answers to frequently asked questions about buy here pay here loans.
Resources for your next car purchase
Don’t let your credit score keep you from getting the reliable and affordable transportation you need. To help you prepare for your next car purchase and to help you prepare for your first visit to one of our dealerships, we have put together a few resources.
Take a look at Buying a Car with Bad Credit to give a better understanding of how J.D. Byrider helps you get into a great used car.
Budgeting for a Car gives you some handy tips on how to save money for your next car purchase.
What to Bring when Buying a Used Car lets you know everything you need to bring to your appointment to make the car buying process as simple and short possible.