Buy Here Pay Here Dealers and Bad Credit

If you have bad credit and were turned down for auto financing through a bank, credit union, or subprime lender, your last option is a buy here pay here (BHPH) dealership. Buy here pay here dealers offer in-house financing, and are known for helping those with really bad credit get approved for car loans.

Buy Here Pay Here Qualifications

Buy Here Pay Here Dealers and Bad CreditSometimes referred to as in-house financing dealerships, buy here pay here dealers are all over the country. While they specialize in helping those with bad credit, it’s also possible to get approved for financing if you don’t have any credit history at all.

Some BHPH dealerships run credit checks (and they say if they do), but most don’t, so BHPH lots aren't concerned with your credit score or what’s on your credit reports. Instead, they base approvals on income and down payment.

As long as you have the income to finance a vehicle and can come up with a sizeable down payment, you shouldn’t have an issue getting approved. Each dealer has different income requirements, but a good basis is what subprime lenders ask for: that you make at least $1,500 to $2,000 a month before taxes from a single source. As for the down payment, the amount required is usually determined by the car you choose.

Pros and Cons of Buy Here Pay Here

Buy here pay here dealers come with both pros and cons, just like other dealerships that work with bad credit car buyers. Let’s take a look at what they are:


  • No credit check, unless stated otherwise
  • A one-stop shop for easy and fast approval
  • Located all over the country


  • Only have used vehicles
  • Higher than average interest rates
  • No chance to build credit, unless stated otherwise
  • May need to make payments in person, sometimes on a weekly or bi-weekly basis
  • Down payment requirement is typically high

Need Help Locating a Dealer?

Whether you choose to finance through a buy here pay here dealer or not is ultimately up to you and your current credit situation. However, as long as you have the income to afford a car, getting approved at a BHPH dealership isn’t as difficult compared to other lenders.

If you’re looking to finance a vehicle with bad credit, and aren’t sure if you need to go to a buy here pay here dealer or not, let us connect you to the right dealership for you. The Car Connection helps people in all types of credit situations find financing by matching them to special finance dealers in their area.

The best part is that our service is easy, free, and fast. Get started by completing our simple and secure auto loan request form today.

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