The Basics of a Buy Here Pay Here Car Dealership

If you’re like most people in North Carolina, you probably have a basic understanding of the new car purchase process. You visit the dealership (or several dealerships), pick out the models you’re interested in, take them for a test drive, and settle on one. Then starts the laborious process of haggling with the salesperson over the final price of the car and the amount they’ll pay for your trade-in if you have one. Filling out the paperwork is next, with credit checks, loan approvals, and waiting to hear whether the bank will move forward with you or not. For anyone going through this process, it’s a stressful time, made even more so if you’ve had a few hiccups with your credit score in the past.

There is another way to buy a car, and for those with bad credit or no credit at all, it’s an option worth looking into. Purchasing a safe, reliable used car from a buy here pay here car dealership is a lot simpler than going the traditional route and usually a lot more comfortable, too. Loan approval is quick and easy, there’s virtually no risk of being turned down, and friendly employees guide you through each step in the process. If you’re looking for a used car in North Carolina, you might want to consider visiting a buy here pay here car lot like AutoMax. Let’s take a look at some of the basics of this type of car dealership.

In-House Financing

The one thing that makes AutoMax - or any buy here pay here car dealership - different is that they handle all the financing in-house. That means no bankers and no hoops to jump through. This is great news for those with bad credit or no credit at all. Loan approval is taken care of with answers to a few simple questions; questions like, “What’s your monthly income?” and “Do you have a valid driver’s license?” These answers, plus a few other pieces of information, are typically all a dealer needs to determine whether you’re a good fit for one of the used cars on their lot. Approval usually comes within minutes and before you know it, you’re on your way to the lot to pick out a car for a test drive. The financing is already behind you.

With nearly 30 years in the business, AutoMax provides in-house financing on 100% of the cars they sell. Their finance people are experts, and that means you’ll get the best deal possible on your used car purchase.

Cars that are Within Your Means

At a buy here pay here car lot, once you’ve been approved, you’re guided to cars that fit within your budget based on the loan amount you just qualified for. Browse through the models and see what you like. Take one for a test drive. AutoMax has locations in Henderson and Youngsville, North Carolina, and you’re sure to find a vehicle that suits you from their wide selection of cars. Since you’ve been pre-approved and already know how much car you can afford, you won’t waste time looking at cars that are out of your reach.

A Wealth of Payment Options

Buy here pay here car dealerships want to see you succeed at making car payments on time. Most of them provide a variety of ways to make your car payment so that you can choose the one that fits into your lifestyle the best. Many dealerships prefer that you make your payment in person. Others are okay with you paying online, through the phone, by text, or by snail mail. Some will even make an automatic withdrawal from your checking account if that’s what’s easiest for you. With so many options, you won’t need to worry about missing a payment.

Your Credit Score

Buying from a buy here pay here car dealership can help you on the path to rebuild that bad credit score and bring it up a few notches. Many dealerships will report your payment history to Equifax. Making timely car payments may help increase your credit score, which may improve your ability to get a conventional loan in the future. If you’ve had credit problems in the past, make sure you’re dealing with a buy here pay here car dealership that reports payment history to Equifax so you get “credit” for good behavior.

Wide Selection of Used Cars

Buy here pay here car lots like AutoMax spend time combing the region for good, reliable used cars. They send buyers out to auctions, new car dealerships (many trade-ins make great cars for a buy here pay here car lot), wholesale dealers and individual sellers. They’re always on the lookout for cars that are solid and have a good reputation for safety and reliability on the road. Once a car is brought in, trained mechanics do a thorough inspection, looking for anything that might put a driver in danger. Belts and hoses are tightened, the engine is tuned up, headlights are checked - any mechanical issues that could cause trouble later are repaired. Only then is the car released to the sales lot.

Now that you have the basics down, buying a car at a buy here pay here car dealership should be pretty straightforward. The folks at AutoMax would love to walk you through the process one step at a time, just to be sure they answer all your questions along the way. With store locations in Henderson and Youngsville, North Carolina, they have hundreds of used cars to choose from; and their well-trained, experienced employees look forward to meeting every customer or potential customer who walks through the door. AutoMax has built relationships with folks all over the region - in Wake, Durham, Orange, Franklin, Vance, Granville, Person, Nash, Johnston, Warren, and Halifax counties in North Carolina - since 1989. They’d love to get to know you, too. Stop by today and see what they have to offer. You’ll be glad you did!