Posts Tagged ‘buy here pay here’
What are Buy-Here-Pay-Here Car lots, like Drive Casa, and how are they different than traditional dealerships? The answer is actually pretty straightforward! Buy-here-pay-here car lots (BHPH) are dealers that offer in-house financing, rather than going through a bank loan like traditional dealerships do. Continue reading to learn what the other differences are and how a Buy-Here-Pay-Here like Drive Casa can be the perfect choice for you!
What is a Buy-Here-Pay-Here Dealership?
Buy-Here-Pay-Here car lots like Drive Casa offer in-house financing instead of relying on bank lenders. This allows us to offer car loans to people who have less than stellar credit, or no credit at all.
BHPH Dealerships vs. Traditional Dealerships
There are a few differences between a BHPH dealership and a traditional one.
As mentioned above, Buy-Here-Pay-Here dealerships can work with people who have very little credit, or are going through bankruptcy. We offer an opportunity for people who may have a difficult time finding a loan through a traditional auto lender. However, just like traditional dealerships, Buy-Here-Pay-Here dealerships offer great deals on pre-owned vehicles for people with good credit, too.
Strict Laws & Regulations
Buy- Here-Pay-Here dealerships, like all car dealerships, must abide by the law. The difference is, Buy-Here-Pay-Here lots have to abide by stricter laws since they are also effectively an in-house finance company.
Buy-Here-Pay-Here dealerships must follow the Truth in Lending Act (TILA), which requires financiers to disclose the final sale price, the total amount financed, as well as any other important information for the consumer relating to financing. Other laws and regulations Buy-Here-Pay-Here’s are subject to are the Fair & Accurate Credit Transaction Act, State Usury laws, and the Fair Debt Collections Practices Act.
The Financing Process
The Buy-Here-Pay-Here financing process is simple as well! When you buy a car from a BHPH dealer like Drive Casa, the entire transaction takes place on the premises. We arrange everything at the dealership, and your car is bought and financed here. Your loan payments can be set up for weekly, semi-monthly, or monthly payment plan. We do this so buyers like yourself can match car payment dates with your job’s payday to ensure payments are made on time. As long as you make your payments on time, every time, your credit score will improve overtime.
We are a proud buy-here-pay-here establishment at Drive Casa. We strive to help the hardworking people in our surrounding communities find great quality cars, no matter what their credit history is! To apply online, please click here! browse our inventory, please click here!
Having trouble securing an auto loan to buy a car? When other dealerships turn you away, Buy Here Pay Here (BHPH) dealerships like Drive Casa can help you finance a great quality vehicle!
What Is a Buy Here Pay Here Dealership?
Unlike traditional dealerships, Buy Here Pay Here dealerships finance everything in house. This gives them the ability to work with people from all credit backgrounds.
Drive Casa Benefits
A Buy Here Pay Here dealership like Drive Casa allows you to get a loan immediately. You don’t have to wait for the bank to process your application and you don’t have to apply with multiple lenders.
You, not the bank, can set your terms of repayment. If you want a seven-year loan, or even a nine-year loan, you can let us know and we will create a loan that is based on what you need and can afford.
Vehicle History Report
If you’re like most, you want to know if your vehicle has been in any accidents, totaled or had flood damage. We can confidently say we do not sell any pre-owned vehicles that have been damaged. This is why we provide a Vehicle History Report on every car we sell.
All of our vehicles go through a multi-point inspection before they are available on our lot. If they do not pass our rigid guidelines for safety and quality, we either get rid of the vehicle or do the repairs to make sure you and your family can safely drive home.
We also offer a 12 month, 12,000 mile warranty on all of our vehicles.
Complimentary Oil Changes for the First Year
No need to budget for oil changes anymore, we have you covered! Get oil changes on us every 3,000 miles or 3 months for the first year!
Drive Casa Qualifications
At Drive Casa, we understand tough times happen in life. That is why we do our best to help people from all credit backgrounds finance great quality vehicles. In order to do so, we have certain qualifications that have to be met before we start the approval process.
To finance a vehicle with us, you must bring the following things:
- Proof of Address
- Proof of Income
Acceptable Proofs of Income Include:
- Two most recent pay stubs
- Bank Statement with your name/bank name/bank address
- Documentation of social security, disability, or child support
Acceptable Forms of Identification Include:
- Any state issued ID (Excluding LA)
- Driver’s license
Acceptable Proof of Address Includes:
- Mail with name and address on it
- Lease agreement
- Phone/utility bill
Why Choose Drive Casa
When every traditional lender turns you down, Buy Here Pay Here dealers like Drive Casa can help put you behind the wheel. If you think a Buy Here Pay Here dealership is a good fit for you and your circumstances, click here to browse our inventory today or call us at 844-487-3650 for more information!
Is it time for you to purchase another vehicle? Continue reading to find out! If any of the below apply to you, then it’s probably time to go car shopping!
Your Trips to the Auto Repair Shop Are More Expensive
You always take your car in for regular oil changes and maintenance, but now you notice those trips are getting more expensive. At around 120,000 miles, cars begin to show their age by needing new timing belts or water pumps, among many other potentially expensive repairs. Putting that money into a good used car might make better sense than spending $1,000 each time you drive to the repair shop.
You Doubt the Reliability of Your Car
When you get in your car and pray you make it each time you head to a destination, it’s a sign that it’s time for another car. You’ll save yourself some stress when you know you have reliable transportation.
You Are More Safety Conscious
If you’re driving a car that is old and has minimal safety features, it may be time to upgrade. Modern safety equipment on cars include driver, passenger, and side airbags, as well as anti-lock brakes and traction control. Upgrading to a newer car is one way to keep you and your family safe on the road.
Your Finances Change
That SUV you bought when you were making six figures may be tough to afford once your finances have changed. This has been the case for many Americans in the past few years. Until you get back on your feet, trade it in for something that better suits your new budget. Stop making those high car payments and keep some of it for those essentials you need to cover right now.
You Need to Build Up Credit
If you have had difficulty with your credit, such as a bankruptcy or late payments, then buying a used car can help. Used car dealerships, especially Buy Here Pay Here dealerships like ours, specialize in helping people with credit problems. We can help you finance a great quality vehicle when other dealerships will turn you down because of your credit. As long as you pay your car payment on time each and every month, your credit will build overtime!
Drive Casa is opening its newest location in Waco, Texas.
Waco, Texas – January 23.
Drive Casa announced the opening of a new location in Waco, Texas. The new dealership will be located at 3417 Franklin Avenue and will officially open its doors on January 31.
To celebrate the opening of this new location, Drive Casa is holding a ‘Grand Opening’ event on February 9th, from 11 AM to 4 PM at the new address. The event will include a food truck provided by Advanced Auto Source, music provided by local radio station 104.1, family fun activities and a 40” TV giveaway. For more information, please call 254-655-1548.
“This is an exciting time for Drive Casa and marks a huge milestone for the company and customers who will benefit from the opportunities this expansion presents,” said Drive Casa Owner, Streeter Berry.“Drive Casa is dedicated to helping the hard working people in the surrounding communities and we are so happy that we can now add the Waco area to that list.”
About Drive Casa
Drive Casa is a family-oriented used car dealership that is dedicated to helping those in need in the surrounding communities. Drive Casa offers in-house financing for all credit types and works hard to approve customers that are rejected at other establishments.
Drive Casa’s main mission is to provide a comfortable, friendly and low-pressure car buying experience for each and every customer.
For media and other enquiries please contact the Drive Casa Marketing Team:
If you are in the market for a used car, you’ve probably come across the term “Buy Here, Pay Here”. Not sure what it means? Continue reading to learn what a Buy Here Pay Here establishment like Drive Casa is and what it has to offer!
What is a Buy Here Pay Here?
“Buy Here, Pay Here” dealerships provide their own in-house financing. This means that you work with the dealership directly to finance your car, rather than getting a bank or other private loan like you would do at a traditional car dealership. Also, when you make a payment on your vehicle, you make it to the dealership or their financing service.
In-house financing offers easier credit approval for people who don’t qualify for a traditional loans and financing options. Most “Buy Here, Pay Here” dealerships only require that you have a small down payment and a steady income to get approved for financing.
This is the case here at Drive Casa!
Why to Choose Drive Casa
If you have less than perfect credit and think that you will have trouble getting a car from a traditional dealership, Drive Casa is the perfect option for you! For more information, please give us a call at 844-487-3650!
Christmas time is just around the corner, have you gotten all of your gifts purchased?
While most of you have already begun your annual Christmas Shopping ritual, many of you will forget to buy a gift for the one thing that takes care of you all year long…your vehicle!
Don’t leave your vehicle out in the cold this holiday season, check out these 3 Awesome Christmas Gifts For Your Car!
The Kensington Proximo
Do you lose your keys way too often than you’d like to admit? No problem! The Kensington Proximo is your solution!
The Kensington Proximo works with a simple fob-and-receiver combination: you attach the fob to your key, couple it via bluetooth to your phone, or leave a fob in your car. Using a smartphone app, you can find it anywhere that you get a gps signal. And if you’re prone to losing your phone, when you move a certain distance from it, the app lets off an alarm.
You can purchase on Amazon for just $19.99!
Bluetooth Phone System
Are you a distracted driver who constantly messes around with gadgets? Having a bluetooth phone system like the SuperTooth HD handy in your vehicle helps remove one less distraction from your hectic ride.
Even when conditions become more hospitable, it’s still a much better idea to use a bluetooth phone system over the normal device while driving.
You can get the SuperTooth HD on Amazon for $64.49.
Car Seat Massager
Drive long hours? Upgrade your commute with a back massager designed specifically for your car!
You can buy a car seat massager from Amazon for just $49.99!
Don’t get so caught up in buying things for others, that you forget about your car!
What’s your favorite gift idea for your car? Let us know in the comments below!
If you have ever financed a car, you know that there is an immense amount of freedom when you pay it off. Unfortunately, not every vehicle lasts much longer than the pay off date- not every vehicle can go the distance. If you’re looking into purchasing a car soon and plan on keeping it a long time, check out this awesome survey from Iseecars.com that breaks down the most popular cars that owners tend to keep for over 15 years.
To get this data, Iseecars.com observed and analyzed over 650,000 used cars from 1981-2002, sold between January through November 2017. For each model, the number of cars sold by the original owner was expressed as a percentage of the total number of cars sold. “Original-owner” cars were bought as new by the owner. The models were then ranked by the original-owner percentage.
As you can see, Toyota pretty much dominates the list with Honda and Acura in close pursuit. This is really not that surprising, as all brands focus on building quality, and efficient cars for an affordable price. Another thing that can be seen from this list is that almost all brands are made by Japanese manufactures- minus the VW Golf. There are no U.S. brands here, though of course some of these models are made in America.
The next time you’re car shopping, remember brand new doesn’t mean everything. If you buy a great quality car pre loved, then you’ll be saving money in the long run! Here at Drive Casa, we have almost all the models listed above in our inventory right now! Most are only a couple years old! So what are you waiting for? Click here to search our inventory!
Here at Drive Casa, we only choose the best quality cars for our inventory. This being said, some vehicle brands prove to be the best rated year after year in terms of reliability and affordability. Continue reading to learn what they are!
This automaker is one that continues to impress year after year. In terms of reliability, while still earning above average satisfaction for on-road tests. When shoppers think of a vehicle that can easily last a decade, Toyota is the first to come to mind.
Though its reliability has somewhat declined in recent years, or rivals have simply improved dramatically, used Honda models continue to hold a strong reputation as the vehicle that just won’t let you down.
You may have noticed that there are more and more Kia vehicles on the road, and you might just think that’s because they are affordable. In recent years, Kia has made giant leaps to outrank big names like Honda, while also providing better overall satisfaction. A decade ago, Kia didn’t have the best brand reputation, and you might want to steer clear if you’re considering a much older model. We’ve been seeing the brand rise in ranks since 2014, though, so it’s certainly one to watch if you’re looking for a vehicle just a few years old.
At Drive Casa, we have plenty of Toyota’s, Honda’s and Kias; but we also have many other brands! To browse our inventory, please visit our website.
Which brand do you trust the most? Let us know in the comments below!