Posted on May 23, 2023 by Rick Griffith

Did you ever consider that you could trade in your existing car at a Buy Here Pay Here (BHPH) dealership? If you haven’t, you should. Car trade-ins are an acceptable down payment form at many buy here pay here dealerships.

Because BHPH dealership customers can purchase a car without going through a traditional lender, you can lower your car payment by trading in your existing vehicle. In addition, BHPH dealerships offer various benefits that make buying a new to you used car more accessible, including:

• Flexible payment options
• Soft credit check policies

Benefits of a Vehicle Trade-In at a BHPH Dealership

Trading in your old vehicle at a BHPH dealership can help you get the best deal for your next car purchase, whether you’re looking to upgrade to a newer used car or a lower car payment.

When buying a car, choosing the right BHPH dealership is essential. But finding the best buy here pay here dealerships near you can be difficult, but it’s essential to plan on putting down as much as possible on a new to you used car to lower your new monthly car payment.

What are the Acceptable Forms of Down Payment at a BHPH Dealership?

Buying a car from BHPH dealerships often requires a down payment. The amount of the down payment can depend on the type of car you’re buying and the dealership’s policy.

Knowing what forms of payments are acceptable is essential for ensuring you can get the vehicle you want without any issues. Some of the acceptable forms of down payment at a BHPH dealership include:

• Cash
• Credit card
• Check (personal, money order, or cashier check)
• Vehicle trade

No matter what down payment form you decide upon, there’s one thing for sure; the best way to lower your monthly car payment amount is to have some form of down payment.

Used-Car Buying Solutions

As a principal buy here pay here dealership for the four-state region of southwest Missouri, Car Credit funds loans directly to borrowers using their in-house approval process. If you’ve got a car you would like to use as a trade-in, the team at Car Credit will take it!

At Car Credit, they extend funding directly to customers with a less-than-perfect credit score. Treating each customer’s unique financial situation individually, the team at Car Credit evaluates your financial history as a whole; rather than measuring your creditworthiness solely on your credit score.

To get started, look through their extensive selection of cars and SUVs, then complete their online credit application! The team at Car Credit works with you to get you into a payment plan you can work within while also getting you into an extensively reconditioned, safe, and reliable vehicle.