Why Consider BHPH in Thornton?
1. Credit Challenges Accepted – Don’t sweat it if your credit score isn’t sparkling. BHPH dealerships often provide loans to folks with less-than-perfect credit scores. They understand life happens!
2. Flexible Payment Plans – Many BHPH dealers offer flexible payment terms. For instance, you might be able to make weekly or bi-weekly payments. This can really help if you’re juggling other bills and expenses.
3. Quick and Easy Process – Forget about the piles of paperwork and the long waits. BHPH dealerships usually have a straightforward process which means you can drive off the lot with your new car sooner than you might think.
Sounds Great! But What Should I Watch Out For?
While BHPH can sound like a breeze, there are a few things you should keep in mind:
- Interest Rates: These can be higher than what banks offer, so be sure you understand the terms.
- Vehicle Choices: Sometimes you might not have as many options as you would at a traditional dealership.
- Repossession Policies: Make sure to stick to your payment schedule because BHPH dealerships may have strict repossession policies.
Thornton’s Local Advantage
Choosing a BHPH dealership in Thornton not only simplifies your car buying process but also gives you a chance to enjoy local benefits. Imagine cruising in your new car to the Thornton Community Center (when it re-opens), or planning a family outing to Carpenter Park.
How to Choose the Right BHPH Dealership near Thornton?
Here are some tips to help you find a dealership that suits your needs:
- Reputation: Check online reviews and ask around. A reputable dealership will have a good track record.
- Transparency: They should be clear about all terms, conditions, and fees. No surprises!
- Customer Service: Choose a place that treats you well. Good customer service indicates they will handle any future issues professionally.
Your Next Steps
Now that you’re equipped with this information, here’s how you can move forward:
- Research: Start looking up BHPH dealerships in Thornton. Websites, customer reviews, and even a quick drive-by can tell you a lot.
- Visit: Once you’ve narrowed down your options, visit the dealerships. Get a feel for how they do business and what kinds of cars are available.
- Ask Questions: Don’t be shy about asking for all the details on loan terms, interest rates, and car history.
Wrap-Up
Buying a car through a Buy Here Pay Here dealership could turn out to be a wise choice if traditional financing hasn’t worked for you. It’s about convenience, tackling credit challenges head-on, and enjoying the flexibility that these dealerships offer. Your new set of wheels might be just a short drive away!
Q & A
What is a buy here pay here?
If you have credit problems or bad credit in general then a buy here pay here may be your only chance at getting financed for a car. Most traditional dealerships require a 700 credit score or above.
A buy here pay here dealer accepts all kinds of credit scores and credit issues. Credit issues they will finance you with include but aren’t limited to repossessions, foreclosures, bankruptcy, missed payments.
It’s called buy here pay here because you buy directly from the dealership and pay them. Oftentimes they only accept cash and/or online payments.
How do I know I need to go to a buy here pay here dealership?
If you have any credit problems or a credit score below 700 your best bet is to go to a buy here pay here dealership. If you move around a lot or don’t have stability in your current job then a buy here pay here dealership in Denver or Thornton is your only choice.
We get a lot of customers who come in that we finance who have previous repossessions, foreclosures, bankruptcy, missed credit card payments or outstanding medical bills.
Buy here pay here is also called second chance financing because it helps people get back on their feet.
What kinds of cars can I get at a buy here pay here dealership?
Most buy here pay here dealerships have a wide range of models to choose from because they deal with so many different situations.
They have mini vans, trucks, SUV’s, hybrids, cars, mid-sized sedans, full sized vans and more. The models they carry include Pontiac, Ford, Toyota, Honda, Mercedes, BMW, Chevy, Saturn, Chrysler, Hyundai, and more.
Do buy here pay here dealers service their cars?
They aren’t required to service their cars and all cars are sold as is no warranty expressed or implied. Still, the best buy here pay here car lots fully service their inventory before selling it. They want to make sure they have a lasting relationship because they will be paying their payment directly to the dealership.
A big part of business is word of mouth and the last thing a buy here pay here dealer wants is a bad reputation online or a poor customer relationship. Because payments are made face to face everything has to be as smooth as possible.
Basic maintenance can prevent bigger problems down the road. The best buy here pay here dealers in and around Thornton take the time and money to make sure their inventory is street ready and reliable.
Can I rebuild my credit while financing at a buy here pay here dealership in Thornton?
Buy here pay here dealerships aren’t required to report your payments but the best ones do. Reporting your car payment rebuilds your credit score which results in lower interest rates on future loans which means you will save a lot of money over the long run.
Companies use your credit profile to determine how high risk you are. The lower your credit score the more high risk you are to loan money to. Financing at a buy here pay here dealership can help you rebuild for the future while also keeping your life moving in the right direction.
What about down payment?
Down payment is required as most places pay all your taxes and fees up front. If you have a large buy here pay here down payment, you’ll pay less money over the long run.
Because there is interest involved if you put down a larger down payment you won’t have to pay so much in interest in the long run. You’ll save thousands over the length of the loan.
If you don’t have much money down there are buy here pay here dealerships that will give you a period of time to complete your down payment.
Econo Auto Sales will accept a small down payment and let you drive off with the car and give you up to 45 days to pay off the rest. We will also give you up to 60 days before your first payment is due.
If you have bad credit and live in Thornton, Denver, Lakewood or Aurora we can finance you. All you have to do is give us a call and we can pre-finance you over the phone in 5 minutes or less.
Our program is based around stability, not credit score. We can give you up to 45 days to complete your down payment and 60 days to make your first payment. Call us now (303) 623-1926.
Directions
The fastest way to get to Econo Auto Sales from Thornton is to simply drive south on I-25 to Colfax Ave and go west about 5 miles to Colfax & Wadsworth, then north a block. We’re directly across Wadsworth from WalMart. Or you can take I-70 west to Wadsworth and go south.
