: Ideal for buyers who have been turned down elsewhere.
: Many BHPH vehicles are equipped with "kill switches" that disable the car if a payment is missed.
: The dealership provides the credit directly to the buyer. This is often marketed toward those with bad credit or no credit who cannot qualify for traditional bank loans. chevrolet buy here pay here
: Most "Buy Here Pay Here" (BHPH) lots primarily require proof of income rather than a high credit score.
: You are limited to whatever used Chevrolets the dealer has currently on their lot. : Ideal for buyers who have been turned down elsewhere
Dealerships like Ray Skillman Chevrolet or independent sellers often list older, pre-owned Chevrolet models through these programs:
: Because the dealer takes on more risk by not checking credit, interest rates are typically much higher than traditional loans. This is often marketed toward those with bad
: These vary by dealership and vehicle. For example, some lots advertise down payments as low as $300 or $400 for specific models, while others may require $1,500 or more.