Buy Here Pay Here - Clearwater, FL

For shoppers that have challenged or no credit in Clearwater, FL and the surrounding areas, qualifying for a car loan can be difficult. To give those buyers the opportunity to purchase a vehicle, buy here pay here dealerships cater to customers of all credit backgrounds. Additionally, they work with the customer directly to handle the sale of the vehicle, as well as the financing, to make the process as fast and stress-free as possible. When you purchase a car at a buy here pay here dealership, you agree to pay the dealership, or their affiliated finance company, directly rather than going through a credit union or bank.

Things to Know When Shopping at a Buy Here Pay Here Dealership

While convenient and helpful to buyers in Clearwater, FL and the surrounding areas looking for an easy way to buy a car, there are many things you should know when shopping at a buy here pay here dealership. More specifically, there are things you should watch for and avoid.

Know the History and Condition of the Vehicle You are Buying

You should fully understand the condition of the vehicle you are buying. Make sure to inspect the vehicle you are interested in carefully and ask for the vehicle history report. If the dealership is adamant about not providing the vehicle history report, you can check the vehicle identification number yourself to review its past ownership. However, the refusal itself should be treated as a red flag.

Avoid “Spot Delivery”

Spot delivery is a tactic that an untrustworthy dealership may use to get more money out of customers. This means the dealer will allow someone who isn’t yet qualified for a loan to drive a car off the lot then will later demand more money or a loan renegotiation. Always make sure you are fully qualified for your loan and keep your paperwork on hand before driving a car off the lot. Having a witness with you will also be helpful.

Make Sure You Understand the Loan and Can Afford It

You will need to make sure you have a full understanding of the loan and that you can afford to pay it. Read the fine print and look for any hidden fees that may not have been discussed by the dealer. Before signing, you should calculate how much you can afford to pay each month by exploring the down payments and interest rates being offered.