What is Buy Here Pay Here Auto Financing?

July 31st, 2015 by

Buy Here Pay Here RI

You may have heard of the term Buy Here Pay Here when it comes to New England auto dealerships like Shannon Motors, but you may be wondering what that means. A Buy Here Pay Here dealership offers auto financing to people who may otherwise not be able to get a loan. At Shannon Motors, we offer Buy Here Pay Here loans to people who aren’t able to borrow money from traditional lenders such as banks, credit unions, and automaker-associated lending companies because they have a spotty credit history, no credit, or a very low credit score. No matter what your credit situation may be, we can help you get a car that fits your budget and help you rebuild your credit. When you visit one of our New England Buy Here Pay Here used car dealerships, we will make sure you drive home in the car that you want.

One-Stop Auto Loan Process

Buy Here Pay Here financing means that you will get the loan and make payments on your new car directly at our dealership. This means that getting a loan is a one-stop shopping process because Shannon Motors is not only the dealership but also the finance company.

Because we make the loan decisions, approval for auto financing is almost always guaranteed and done quickly. We are able to approve you at our offices and get you on your way in a car you love. As long as you have a valid driver’s license, an address, and a steady income, your chances for approval are very good.

Is a Buy Here Pay Here Loan Right for Me?

If you have had trouble in the past getting an auto loan, a Buy Here Pay Here dealership like Shannon Motors is definitely your best option for securing the vehicle you need. Also, if you have experienced bankruptcy, repossession, or you have yet to establish credit, then you should definitely visit Shannon Motors so we can help you get the right financing package for your budget. By getting a loan with us, we will help you repair your credit history and get you back on track for financial success.

Visit Shannon Motors to Talk About a Buy Here Pay Here Auto Loan

Come down to Shannon Motors at one of our three New England locations in Johnston, Providence, RI or Somerset, MA, and talk to one of our finance specialists about a Buy Here Pay Here loan. You can also call us at 800-559-1000 for more information or to set up an appointment.