Buy here finance here car dealerships are everywhere for a reason. In a down economy a lot of people have bad or no credit or spotty payment history. Unfortunately, none of that will help you finance a car through a regular dealership. Buy here pay here dealerships help good people who have no or bad credit get financed for a car. Some of them, although not all of them, also work with other companies so your payments get reported which in turn improves your financial scores. Having a higher credit score lowers your interest rate and raises your financial profile in the eyes of any company that you can get a loan from, including a bank or other finance company.
One of the complaints of buy here and pay here dealerships are the prices. This isn’t by accident that they are a little higher than if you