Where Can Someone With Bad Credit Buy a Car Near Raleigh NC?
Whether it’s getting to work, running errands or just traveling around town, owning a car is oftentimes a necessity. Buying a car can already be a long process; however, many people are unable to pay for a car or even receive a bank loan. For those looking to buy a car but are unable to currently afford one, where can someone with bad credit buy a car near Raleigh, NC?
Our dealerships AutoMax of Youngsville and AutoMax of Henderson are both Buy Here Pay Here dealerships in Youngsville and Henderson, NC, respectively. While many dealerships in the area will turn away customers who need vehicles due to their current credit scores, Buy Here Pay Here dealerships are designed to help those who have low credit scores. This can also pertain to first time car buyers, as younger people and students often haven’t built up enough of a credit history to be able to receive a bank loan for a vehicle.
Oftentimes when buying a vehicle at a typical dealership, the financial side is taken care of at the end of the transaction. When negotiating for a vehicle at a Buy Here Pay Here dealership such as either of the AutoMax locations, drivers arrange a loan and make payments for that loan directly at the dealership, as the vehicle is purchased through in-house financing instead of using a third party.
Does Financing at a Buy Here Pay Here Car Dealership Cost More Money?
People might think that purchasing a vehicle from a Buy Here Pay Here dealership would mean that they would have to pay a large interest rate on the vehicle. However, that is not true at either AutoMax location. AutoMax offers a single interest rate to consumers, and in fact, this number is often 5 percent cheaper than other competing national and local interest rates.
If you would like to learn more about where someone with bad credit can buy a car near Raleigh, NC, be sure to contact us at AutoMax. If you were in the market for a vehicle, feel free to browse our pre-owned inventory on our website.