Thursday, May 17, 2012

Buy Here, Pay Here Dealers & No Money Down - Lower Payment Alternatives

So you've got bad credit. You've had some mistakes, maybe some major credit problems and you're thinking that you have to use buy here pay here dealers in order to get a car. You're shopping around, trying to find a good deal.


Good luck.


Buy here pay here dealers charge thousands more for cars than they would ever sell for at a regular car dealership. Why is that? It's because you are desperate to get approved and think you don't have any other option.


You have a much better option.


Regardless of your past credit problems, there is a much easier alternative to using a car lot that offers "in house" financing. You can get approved online. Yes. It is so easy. There are finance companies that specialize in helping people with bad credit, get approved and in the car that they really want.


You can get in the car you want with no money down, with lower payments and a lower interest rate without having to be humiliated. It is so easy to get approved with an online finance company that works with people with horrible credit. Basically, the car is the loan collateral and your job is your credit.


The benefit of getting approved online is that you can take an approval letter into any car dealership and simply negotiate the price of the car. When asked to fill out a credit application, just tell them that you already have your financing arranged and you're just looking for the best price. It's a great feeling.

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