Most Paterson, NJ car shoppers have got a FICO score of 693, and yet present-day experts have calculated that upwards of 20% of people are now being affected by bad credit. That is 39,860 people!
Paterson, NJ buy here pay here car dealers can work with consumers who need car loans with troubles like:
- Poor Credit
- A History of Bankruptcy
A lot of old-fashioned banking companies will reject individuals who’ve got troubles like these.
Are you curious about how such dealers are able to supply funding in cases where traditional dealers cannot? First of all, you need to know how a standard dealer goes about getting their customers approved for financing. To put it succinctly, car dealerships affiliate themselves with certain lenders, including banks, credit unions, and car loan companies.
When you receive your auto loan acceptance, the lender literally buys the car or truck, and your installment payments are made to the loan company. Buy here pay here car lots, in contrast, offer automobile loans out of pocket, meaning they aren’t subject to the banking companies and conventional lenders. This extends their selection of prospects while improving your odds of acceptance.
In house financing is not without its drawbacks. First and foremost, there are the more costly interest rates. This could cost you a lot of money if you paying off your vehicle for 5-plus years.
Thus, you may choose to buy your car through a car dealership or auto financier who helps consumers who’ve got below-average credit, and yet will not charge you such steeply-priced rates of interest.
We have partnered up with the finest bad credit lenders and buy here pay here car lots in Paterson, New Jersey to give you the most suitable finance package given your credit, income, and other factors. After you submit our simple and easy contact form, leading-edge data-matching software goes to work to match you to the ideal dealer for you. There are no fees, zero obligations, and no headaches.
The following is a straightforward analysis of what amount an average Paterson motorist ought to allocate toward a used car or truck.
- Salary: $23,863
- Annual Car Allowance: $2,386 (10% of Income)
- Auto Insurance Premiums: $750 Yearly
- Budget Every Month: $136.33
Used Cars You Don’t Want to Buy
When it comes to used vehicles in New Jersey, you might want to steer clear of a handful of cars. How come? Because these vehicles are the most popular targets for thefts in New Jersey, specifically.
- 2000 Honda Civic
- 1994 Honda Accord
- 2000 Dodge Caravan
- 1991 Toyota Camry
- 1997 Nissan Maxima
- 1995 Jeep Cherokee/Grand Cherokee
- 2005 Nissan Altima
- 1996 Plymouth Voyager
- 2007 Toyota Corolla
- 2008 Chevrolet Impala
BHPH and Used Car Dealers: Paterson NJ
- Morales Motors. 385 E 16th St. ZIP: 7514
- East Side Auto Sales Inc. 513 14th Ave. ZIP: 7504
- Fast Cash 4 Cars LLC. Paterson Area. ZIP: 7501
- Action Motor Cars. 183 18th Ave. ZIP: 7504
- Mike’s Auto Repair & Used Car Sales. 62 East 26th Street. ZIP: 7514
- Market Auto Sales. 670 Market St. ZIP: 7501
- Paterson Body Company. 522 East 19th Street. ZIP: 7544
- AA Auto Sales. 373 Straight St. ZIP: 7501
- Jack’s Auto Sales. 27 East 33rd. ZIP: 7514
- Grand Motor Sales. 195 Union Avenue. ZIP: 7502
- Elite Motors Inc. 1039-1045 Market St. ZIP: 7501
- President Auto Center. 188 E Railway Avenue. ZIP: 7503
- Frjb Inc. 550 Main Street. ZIP: 7503
- Luxury Fleet Service Inc. 25 Illinois Av. ZIP: 7501
- Borinquein Auto Sales. 493 Market Street. ZIP: 7501
- Northeast Motor Cars Inc. 664 Market Street. ZIP: 7513
- Brown Auto Sales. 165 West Broadway. ZIP: 7522
- River Auto Sales. 265 River St. ZIP: 7501
- Riverside Auto Sales CO. 710 River Street. ZIP: 7524
- Fierro R & Sons Inc. 467 Marshall Street. ZIP: 7503
- Mecca Auto Sales. 828 Main Street. ZIP: 7503
- Fernando Auto Center. 45 Montgomery Street. ZIP: 7501
- Imports Auto Sales Inc. 589 East 32nd Street. ZIP: 7513
- Domm Jim Auto Sales. 14 Trenton Avenue. ZIP: 7513
- Airbrook Automart Used Car Division. 229 East 29th Street. ZIP: 7514
- Car Place. 818 Market St. ZIP: 7501
- Riverside Wholesalers. 7-9 1st Av. ZIP: 7501
- Autosport Leasing LLC. 65 Carlisle Avenue. ZIP: 7501
- E-Z Auto Sales. 565 East 39th Street. ZIP: 7513
- New Presidential Auto Collision. 278 Presidential Boulevard. ZIP: 7522
- JKJ Auto Sales. 234 East 29th St. ZIP: 7501
- Christ Church United Methodist. 27 East 15th Street. ZIP: 7524
- Joshy’s Auto Sales. 10 Trenton Avenue. ZIP: 7513
- Discount Auto. 302 22nd Avenue. ZIP: 7513
- River Auto Sale. 250 River Street. ZIP: 7501
- J Auto Sound. 335 Market Street. ZIP: 7501
- Patterson Auto Sales LLC. 188 E Railway Ave. ZIP: 7606
- Magic Auto Salvage. 1 Bergen St. ZIP: 10976