Buy Here And Pay Here -

: Eliminates the need to find an outside lender or credit union. Potential Risks

Always ask the dealer if they report your payment history to before signing. buy here and pay here

: APRs are significantly higher than bank or credit union rates. : Eliminates the need to find an outside

: Not all BHPH dealers report on-time payments to credit bureaus, meaning the loan won't help your credit score. buy here and pay here

: These lots primarily serve buyers with poor or no credit history.

: Many dealers require weekly or bi-weekly payments made at the dealership.

: Many cars are fitted with devices that disable the engine if a payment is missed.