Buy Here Pay Here: Louisiana (LA)

Buy Here Pay Here Car Dealerships in LA
Locate The Right Buy Here Pay Here Car Lot - Today!

How would you like to finance a car in Louisiana despite a low credit score? It’s easier than you think!

Conventional banking institutions and loan providers won’t extend automobile financing to buyers that have troubles, for instance:

  • Poor Credit
  • Insolvency
  • Foreclosure
  • Repo
  • Unpaid Repayments
Louisiana Buy Here Pay Here
Bad Credit OK!

How do these dealerships can offer financing when traditional dealerships aren’t able? The truth is, many used car dealerships never do financing in house. Instead, they have off-site loan creditors to address the financing part of the equation. When you get accepted, the lending company actually acquires the car or truck, and your payments are made to the loan company. Seeing as LA buy here pay here car dealerships grant automobile financing on site, they simply dodge the rigid credit standards made by standard lenders. This expands their array of prospects and improves your chances of approval.

Bad Credit Auto Financing Versus In House Financing

Keep in mind that BHPH car dealers in LA aren’t the only choice for consumers who’ve got poor credit. Let’s be honest, buy here pay here auto lots do have some downsides: higher rates of interest, large down payments, and no ability to repair your credit score.

Why don’t you allow us to pinpoint which financing option is most beneficial for your needs? Just submit your application, and our state-of-the-art approval system will try and get your credit approved by the car lot or loan provider that meets your needs, considering your credit score, location, and down payment.

Deciding How Much to Spend on a BHPH Vehicle

Louisiana residents have an average annual income of $38,229. It’s not recommended that you dedicate over 10% of your gross annual wages on automobile expenses. This equates to $3,823. But remember, you need to look at insurance rates ($720 annually in LA) and the price of gas ($2.77 a gallon as of ’08 and on the rise). This should be plenty of money to finance a used car with bad credit.

Used Vehicles You Might Not Want to Buy

Louisiana Buy Here Pay Here
Apply Today!

When it comes to used cars in Louisiana, there are some cars you might want to avoid. Listed below are the motor vehicles which are the victims of grand theft auto most often in Louisiana.

  • 2005 Dodge Ram Pickup
  • 2006 Ford F150 Pickup
  • 1996 Honda Accord
  • 2000 Chevrolet Extended Cab 4×2 Pickup
  • 1993 Chevrolet Conventional Cab 4×2 Pickup

Louisiana Buy Here Pay Here Auto Loans