It you have a poor credit score- below 550, or haven’t established credit, the best way to get a new set of car keys is through a Buy Here Pay Here used car dealership. The benefits of this are that the dealer is the financier, so it’s one stop shopping. Also, if you make your payments on time, you will improve your credit score, of if you don’t have one yet, you’ll establish a solid credit score. This will help with securing loans for purchasing a home, financing a new business, or upgrading to a new car.

At Finn’s Discount Auto, we have advice for people financing through Buy Here Pay Here for the first time.

First, know what car is best suited for you and your family’s needs. How large of a car do you need? Do you drive a lot or a little? Is a third seat or spacious leg room more important? Then do the research on the types of cars you’re interested in.  A good place to start is Kelley Blue Book.

Next, be sure you can afford the monthly payment. Sit down with a calculator and estimate not only the monthly payments, but also what insurance, registration and repairs will cost each month. Make sure you can pay this amount. Best case scenario is if you can pay off your loan early. This will save you in interest payment.

If you fall behind on payments with a Buy Here Pay Here dealerships, then you run the risk of your car being repossessed. At Finn’s Discount Auto, we do not like repos! We want to keep our clients happy and coming back to do business with us again in the future.