Benefits of On-Lot Financing for a Used Car vs. Going to a Bank
Bad Credit Car Loans for Buy Here Pay Here Cars
If you’re looking to buy a used car, consider visiting a buy here pay here car lot like Auto Bank here in Kansas City. Buy here pay here car dealerships operate a little differently than your traditional car dealership, and the overall function is beneficial to car buyers with bad credit or even no credit.
Our on-lot financing specialists work with buyers of various backgrounds to help them get approved for an affordable and reliable vehicle to get them on the road and back in action. Times are tough for many in the Kansas City metro area, and our team is ready to work with you to make sure you can take on life's routine as “normally” as possible in these trying times.
Pay Here Buy Here Dealerships Won’t Run a Hard Credit Check
Traditional car dealerships work with third-party lenders to help you finance your vehicle, so even though you can fill out the paperwork and apply for your loan on-site, your information is often sent to a bank to run a hard credit check for final approval. When this happens, a credit inquiry goes on to your credit report, and can cause it to lose anywhere from two to five credit points, lowering your overall score.
At a buy here pay here dealership, the financing is truly done in-house by the dealership, so they don’t work with an off-site bank to approve your financing! Because everything is done “on the lot,” a hard credit check is not sent to the credit bureaus. When we skip that step, the credit bureaus aren’t notified that you’re looking for a loan, and they won’t dock your credit score to make it happen.
Walk Off the Lot with a Vehicle
Having a car is a necessity, especially here in Kansas City where we rely so much on driving to get us to work, the grocery store, school, and more. Driving is something we need to do every single day. When your vehicle is out of commission, you need to upgrade, or you’ve just learned to drive and are craving independence, your life can’t function like it normally does. To get where you need to go, you have to lean on your network to borrow rides from friends and family or hop on public transit, relying on someone else’s schedule to function. You might even choose to walk, depending on the distance!
That’s why we make buying a car easy. When we say everything is done in-house, we mean it. When you come in to buy a car, you can take it home as soon as you sign the papers, often the same day, once you’ve decided on your new whip. Before you choose one of the reliable pre-owned cars on our lot, we can get your financing approved quickly. You’ll soon be ready to drive off the lot in your new-to-you used car and resume life as you like to live it.
Buy a Car with Bad or No Credit
Having no credit or bad credit can be extremely frustrating. You need to pay a loan payment on time to improve or build your credit, but traditional banks won’t give you a loan to start paying off because you’re unqualified. It’s a classic “catch-22.” You shouldn’t have to feel stuck in a never-ending cycle because of your credit score, and any used car for sale should be attainable, if you can afford to make the payments. Buy here pay here car lots make owning a used car accessible to you despite your credit score.
In fact, we don’t care about your credit history; with us you have a clean slate. Because our financing options open the door for people with no credit or bad credit to qualify for a reliable vehicle, you can be on the road making moves much quicker than it takes to improve your credit score. Plus, you can get pre-approved right on our website.
To get you approved to buy a car for sale from us, you need only provide proof of steady income to show you can make your car payments and cover other auto-related expenses, such as insurance. It really is as easy as that! If you have a job, you can get a car.
Get a Reliable Car at an Affordable Price
At our two Kansas City locations, you’ll find used car lots full of sedans, SUVs, and even trucks, with a variety of options for someone looking outside of the box. We know our customers are looking for an affordable, but reliable vehicle, and that’s what we offer.
Our stock of used vehicles for sale -- even minivans -- make it easy for anyone to find what they’re looking for here, and you’ll even find special or limited edition vehicles at a great price. Make moves in a Jeep or show up with class in a Volkswagen; snag a faithful Toyota, or find variety in a Kia. Our goal is to get good people into good cars, and that’s how we stock our inventory. Outdoorsy? Have a growing family? Do a lot of driving for work? Our great customer sales staff will set you up with a vehicle that is the right fit for you and your plans.
Get On-Lot Financing on Your Used Car Today
So what are you waiting for? Stop searching “buy here pay here cars near me” and come down to one of our two locations in Kansas City. We help clients all the way from Gladstone to Grandview. If you see a used car for sale that you like, you can get pre-approved on our website, or just come in and fill out the paperwork to get started here at the dealership.
The process is simple, especially compared to a traditional dealership. Once your paperwork is complete, our financing professionals in-house will take a look through your application and provide approval for the cost of a used vehicle you can afford. The financing professionals will also discuss a payment plan that fits your lifestyle. If you’re happy with the financing agreement -- and we bet you will be -- we’ll all sign and hand over the keys! The car is yours!
Give our team a call today, or come by one of our two locations in the Kansas City metro area to get into a great set of wheels today.