So you want to get a car, no bank loan needed? We can help!
Lakewood, CO buy here pay here car dealers work with customers with setbacks like bankruptcy, foreclosure, repossession, or just very bad credit. The vast majority of conventional banking companies will reject borrowers who have situations like these.
You might be wondering how these dealerships can grant credit when conventional loan companies are unable. The truth is, many used car dealerships in Lakewood essentially hire out automobile lending. The loan originator is the one who really lays out the credit rating and down payment standards. Buy here pay here auto lots, in contrast, offer car loans direct to the consumer, which means they’re not subject to the banks and conventional creditors. Of course, this allows them to market autos to a larger variety of shoppers.
Alternatives to Buy Here Pay Here Car Lots
Just because your credit score has seen better days doesn’t mean you should opt for a BHPH auto loan. There are a variety of lending companies that focus on the non-prime demographic. Additionally, these auto finance companies can have the following:
- More Power to Restore Your Credit
- Lower Down Payments
- More Affordable APRs
Let’s be honest, buy here pay here car lots do have their shortcomings: increased interest rates, significant down payments, and limited ability to rebuild your credit.
Why not let us uncover which of the car finance companies is right for you? Just submit your application, and our sophisticated application program will attempt to get your credit approved by the car lot or lender who best fits your needs, considering your credit score, location, and down payment.
Here we have a fairly simple breakdown of what amount the average Lakewood driver should spend on his or her used car.
- Wages: $45,057
- Total Annual Vehicle Expenses: $4,506
- Total To Spend Per Month: $375
Most Stolen Vehicles in Lakewood, CO
When it comes to picking the exact make and model you plan to buy, you might want to stay clear of a few cars. How come? Because these autos are the most common prey of thieves in Colorado.
- 1995 Honda Accord
- 1999 Honda Civic
- 1999 Jeep Cherokee/Grand Cherokee
- 1990 Toyota Camry
- 1995 Acura Integra
- 1997 Ford F150 Pickup
- 1995 Saturn Si
- 1997 Dodge Ram Pickup
- 2002 Ford Explorer
- 1995 Dodge Neon
Used and BHPH Car Dealers: Lakewood CO
- Dallas Rice Used Cars. 311 Sheridan Boulevard. ZIP: 80226
- Prestige Imports- Inc. 9201 West Colfax Ave. ZIP: 80215
- Lakewood Fordland. 11000 West Colfax Avenue. ZIP: 80215
- JFR & Associates. 7750 West Colfax Avenue. ZIP: 80214
- Budget Car & Truck Sales. 8125 West Colfax Avenue. ZIP: 80214
- A & B Auto. 5700 W Colfax Ave. ZIP: 80227
- Straight Line Concepts. . ZIP: 80022
- House of Imports. 12203 W Colfax Ave. ZIP: 80010
- Emich Chevrolet. 2033 S Wadsworth Blvd. ZIP: 923
- Osborn Automotive – New & Used Cars. 8303 W Colfax Ave. ZIP: 80022