10 Benefits of Buying a Used Car with Buy Here, Pay Here Financing

Key Takeaways

• Buy here, pay here dealerships are a good option for buyers with no credit or bad credit.
• Avoid third-party lenders like banks or credit unions, making it easier to get approved for a loan.
• Enjoy easy approval, an extensive selection of used vehicles, and more for car buyers in the Los Angeles area at Hawthorn Auto Square.

If you have no credit or bad credit in the Los Angeles, CA area, buy here, pay here used cars provide a smart and easy way to get financing. The team at Hawthorne Auto Square has a list of the top 10 benefits of buy here, pay here financing and how it makes purchasing a used vehicle fast and easy.

1. Easy Approval — Even with Bad or No Credit

Even if you have bad credit or no credit, our buy here, pay here financing makes the approval process easy. You can fill out an application in person at one of our dealership locations or fill out the form online. Most applicants receive the results of their pre-approval within just minutes, and then they’re ready to shop for a vehicle that fits their budget and financial needs. 

2. Quick and Simple Buying Process

Purchasing buy here, pay here cars with no credit check makes the buying process quick and simple. You’ll get an answer on your pre-approval application within just minutes, not hours. Even if you’ve filed for bankruptcy or have low income, our dealership is available and ready to work with you to make the buying process fast and painless. 

3. Flexible Payment Plans to Fit Your Budget

So, why buy a used car at our buy here, pay here dealership? Not only do we have a large inventory of affordable vehicles, but we’ll make sure that you’re set up with a flexible payment plan designed to fit your budget and your lifestyle. You can make payments by phone or online, and weekly, bi-weekly, and monthly payment plans are available to help make repaying your auto loan as easy as possible. 

4. Lower Upfront Costs and Down Payments

Our buy here, pay here used cars with a low down payment make the upfront cost of buying a vehicle much lower than at a traditional dealership. In many cases, we offer financing without any down payment required whatsoever. We work closely with our buyers to make sure that your ownership costs are as low as possible, so you can focus on enjoying your new-to-you vehicle. 

5. Build or Rebuild Your Credit

Once you apply for buy here, pay here financing and purchase a vehicle, you’ll start the process of building new credit or rebuilding your existing credit. The longer you make your payments on time, the higher your credit score will go. Plus, there are no prepayment penalties if you decide to pay your vehicle off early at Hawthorne Auto Square. If you’re facing financial trouble, it may be possible to defer or skip a payment, too. 

6. Wide Selection of Used Cars

Our inventory of buy here, pay here cars for sale today includes a wide selection of cars, SUVs, trucks, and more. Whether you need a minivan for the family, a sedan to commute to work, or a rugged pickup truck, we have a wide selection of quality used cars to choose from. 

Hawthorne Auto Square also carries used hybrid and electric vehicles if you’re in the market for an eco-friendly car. 

7. Trade-In Options Available

Hawthorne Auto Square has trade-in options available if you already own a vehicle. You can sell your car to us and use the value as a down payment if you choose. Simply enter your vehicle information on our website, and we’ll give you the estimated trade-in value within 48 hours.

8. Local Convenience and Support

When it comes to finding a reputable buy here, pay here used car lot near me, count on Hawthorne Auto Square. We’re conveniently located throughout the Los Angeles area, and our team is available to provide support to our buyers. With fast and easy pre-approval and payments as low as $150, you’ll discover that we’re the best buy here, pay here dealership in the region.

9. Chance to Upgrade or Trade Later

After you purchase a used vehicle, you can upgrade or trade it in with us later. This gives you the ability to level up your vehicle and helps you build good credit. If you’ve purchased a used vehicle in the past, don’t hesitate to contact us whenever you’re ready to upgrade or trade it in.

10. Peace of Mind with Warranty Options

All of our used vehicles undergo a comprehensive safety and emissions inspection before they go onto our lot. Plus, you’ll have peace of mind with our 30-day or 1,000-mile warranty (whichever comes first) on every vehicle we sell. Extended warranty options are also available to help you protect your investment. 

How Does Buy Here Pay Here Financing Work?

Here’s a quick overview of how our buy here, pay here financing process works: 

• What documents do you need? We require proof of residence, proof of identity, and proof of income, which includes a driver’s license or government-issued ID, a utility bill or lease, and a paystub or proof of government benefits. 
• How is approval determined? Approval is determined based on a few factors, including your credit history, current income, and other factors, like how much debt you currently have.
• What’s the typical loan term? The typical auto loan term varies based on information from your application, the total amount of the loan, and the amount of the down payment (if any). 

Is Buy Here Pay Here Right for Me?

Buy here, pay here might be right for you if:

• You have no credit or bad credit
• You’re on government assistance or have a low income
• You have filed for bankruptcy in the past
• You can’t get approved through traditional banks or credit unions

Service Areas: Where We Serve

Hawthorne Auto Square proudly serves buyers across the Los Angeles area, including:

• Hawthorne (90250)
• Inglewood (90301, 90302, 90303)
• Gardena (90247, 90248, 90249)
• Compton (90220, 90221, 90222)
• Lawndale (90260)
• Torrance (90501, 90502, 90503)

Contact Hawthorne Auto Square Today!

The team at Hawthorne Auto Square is here to help Los Angeles area residents get the used vehicle they deserve. To find out more, get pre-approved, or view our inventory, visit our dealership, or contact us today! 

Frequently Asked Questions

Will I need full-coverage insurance for a Buy Here Pay Here car?

If you finance a buy here, pay here car and need to make monthly payments, you’ll need to have full or comprehensive insurance coverage. However, if you purchase the vehicle in cash and pay for it outright, you may only need to have liability insurance coverage. 

Can I refinance my Buy Here Pay Here loan later with a bank or credit union?

Yes, you may be able to refinance your buy here, pay here loan later with a bank or a credit union. However, getting approved for a refinance through these traditional means could be more challenging if you don’t have much credit history or have a low credit score.

What should I watch out for when shopping at Buy Here Pay Here dealers?

When shopping at buy here, pay here dealerships, make sure that they offer transparent, in-house financing. You should also make sure that they offer a warranty and perform inspections on all vehicles, and that they have flexible payment terms.