Buy Here Pay Here: Virginia (VA)

Buy Here Pay Here Car Lots in VA
Find The Right BHPH Car Lot - Today!

According to recent statistics, Virginia car shoppers possess a FICO score of 689, yet industry experts approximate that over 20 percent of inhabitants now are beset by low credit scores. That’s a lot of your fellow consumers. The precise number? 1,600,205!

Regular financing companies and banks, lamentably, will not approve vehicle loans to individuals with a bad credit score.

What Does Buy Here Pay Here Mean?

You are probably asking yourself just how such dealerships are able to grant financing when traditional loan companies aren’t able to. The thing is, the majority of used car lots in Virginia will never do financing on-site. Nope, they partner with 3rd-party loan creditors to address vehicle financing. The lending company is the one who really establishes the credit and down payment standards. Because VA in house financing car dealerships approve automobile financing direct to the consumer, they avoid the tough credit standards required by regular lenders. This makes it more convenient for you to buy a used car or truck, while making it much much easier for them to market vehicles to the 1,600,205 Virginia residents who’ve got poor credit.

The disadvantage to buy here pay here dealers are pricey rates of interest. Over the years, this can cost you a small fortune.

If you learn that your credit standing is sufficiently good, you’ll probably decide to get your car from a car lot or finance company who specializes in poor credit, however will not command steeply-priced car loan interest rates. We have combined with the top rated bad credit car lenders and buy here pay here dealerships in VA to supply you with the optimal finance package for your situation. Once you complete our simple contact form, sophisticated matchmaking software connects you to the best car dealership in VA for you. No charges, zero obligations, and zero hassles.

VA BHPH Auto Sales and Monthly Payments

Let’s look at a fairly simple calculation of what amount an average Virginia driver ought to spend on a used car.

VA Stats:


  • Income

  • Auto Budget (Annual)

  • Insurance Cost (Annually)

  • Insurance Cost (Each Month)

  • Leftover Budget (Monthly)

  • $45,995

  • $4,600

  • $662

  • $55

  • $328.17

Pre-Owned Vehicles You Don’t Want to Buy

When it comes to pre-owned vehicles, there are some cars you might want to avoid. Listed below are the vehicles “boosted” most frequently in Virginia.

  • 1996 Honda Accord
  • 2000 Honda Civic
  • 1996 Jeep Cherokee/Grand Cherokee
  • 1995 Toyota Camry
  • 1994 Dodge Caravan
  • 2002 Ford Explorer
  • 1997 Ford F150 Pickup
  • 1999 Ford Taurus
  • 1997 Nissan Altima
  • 2007 Toyota Corolla

Virginia Buy Here Pay Here Auto Loans