There are certain things to consider before buying cars from a dealership which offers buy-here, pay-here financing. A dealer who buys here-pay-here may not have the car you're looking for, and I don't suggest buying from them - helpful hints. A dealer who buys here-pay-here will try to stock the most desirable vehicles, depending on the customer base. However, this does not necessarily mean that he offers the most efficient and reliable vehicles for his clients.
Let's examine the reasons that you may want to go at a smaller used vehicle dealer. You might not be able to obtain conventional financing from a larger dealer or you don't want to spend more than $10,000-20,000. These pay here and buy here dealers usually specialize in less expensive cars ($2-5000).
The majority of these car dealerships are similar. They take inexpensive vehicles they mark them up slightly higher than the average (due to the risk they're taking by lending them to the general public) and offer them for sale. They typically require moderate down payment of $500-$1500, and the dealer will set you up with monthly or biweekly payments that are fairly reasonable. Since they do not typically come with warranties, the dealer will want to make the loan terms as short as they can to pay the car off in a short time. The dealer will also want his money to be available before any mechanical issues arise.
If you are a buyer It is important to realize that you may not be able to choose the best car if you purchase from this dealer. You need transportation for you and your family members, you are on a limited budget so this seems like the most efficient way to purchase the most car with the least amount of down payment. It is essential to remember that this may be your case.