New & Used: 9673 Kings Auto Mall Road, Cincinnati, OH 45249
Used: 435 E Galbraith Rd. Cincinnati, OH 45215
Sales:
(513) 741-1111
Service:
(513) 697-5200
If you've ever faced rejection after rejection applying for auto loans, you know how tough of a situation it can be for bad credit buyers. Most of us need cars to get to and from work or just to live out the basics of our day-to-day lives, but those who've lived through a bankruptcy or a bad past debt know just how hard it can be to get out from under a bad credit score. It can make getting a loan harder and can lead drivers to pursue worse vehicles out of financial necessity. But although the system might seem like it's unforgiving to bad credit buyers, there are institutions out there built specifically to help and protect bad credit buyers from scams and terrible deals - and they're known as buy here pay here dealers. Visit our Buy Here Pay Here location today at 8525 Reading Rd, Cincinnati, Ohio 45215
A Buy Here Pay Here dealer like McCluskey is an auto dealer designed to work with your bad credit history to work out an auto loan that's right for you. Targeted toward those buyers that struggle to find a fair rate at other dealers, a buy here pay here dealer could be the solution to your financial woes that you've been searching for all along - and with a long history of supporting and protecting bad credit borrowers, your local buy here pay here dealer is ready to help you get where you need to be and in a car that suits your lifestyle without draining your bank account.
Here's a look at all the ways a buy here pay here dealer can help protect your credit future, help pull you out of the depths of a bad credit score, and get you on the way to long-term financial success in a car that's actually worth driving around.
Buy Here Pay Here dealers first came around in the 1970s, when average Americans were still reeling from the USA savings and loan crisis. These consumers had taken a large financial hit but the market for quality automobiles was still very much alive, and many found it difficult to secure a fair auto loan to match. Traditional vehicle financing companies weren't so quick to give out auto loans, and car dealers couldn't get their inventory off the lots. That's why some dealer started financing the buyers directly, offering loans at a slightly higher interest rate even to those borrowers with bad or non-existent credit scores. By financing directly from the dealer, consumers could cut out the middle-man and focus on finding the car that was right for them, not solely what they could get for the lowest price. This helped revitalize the industry in a period of great uncertainty, and today buy here pay here dealers continue to offer an invaluable service to buyers who otherwise would be left empty-handed.
If you're familiar with buy here pay here dealers, you may have heard a few inflated claims of absurdly high interest rates and unfair lending practices on the part of buy here pay here dealers. This is overwhelmingly not the case for many businesses, however, and in reality the great majority are perfectly legitimate dealers looking to appeal to consumers who just can't work out a good deal with those more exclusive lenders out there. Buy here pay here dealers are typically regulated and controlled at a state level, usually with protections like maximum interest rates, late fee amounts, grace periods, and other regulations meant to keep everything fair and keep you from getting in over your head with a less-than-reputable lender. It's helpful to check your state regulations - usually set by the Department of Financial Institutions or Department of Commerce - and see just what kind of deal you should be accepting and how much you can do to protect yourself from losing out on a great deal.
Consumers who choose to buy from buy here pay here dealers will find that the process is faster, easier, and less intimidating than dealing with some of those big banks and pricey lending institutions. That's because the dealer deals directly with all parts of the financing, meaning you'll be able to worry less about waiting for the finances to come through and more time thinking about that new car you've got waiting out on the lot. And since many consumers can rely on the expediency and professionalism of their local buy here pay here dealer to get a great car regardless of how bad their credit scores might be, these are excellent borrowing options for those in need of a car without a lot of time to wait.
It's a fact - more people then ever are choosing to lease their new vehicles rather than buying them outright, and that means used car dealers everywhere are stocked full of relatively new, good-condition models at excellent prices. Dealers are looking to make room on the lot for more incoming inventory every day, and so now is a great time to get your hands on a quality used vehicle. Having a buy here pay here dealer you can buy from means you'll not only be able to find that quality used vehicle at a decent price, but that you'll also be able to get a fair loan agreement to make your payments as easy as possible. And since you'll be buying from a great selection of vehicles, you can drive with peace of mind knowing your new-to-you vehicle is ready to ride for the long haul without leaving an empty feeling in your wallet.
As any economist will tell you, the best way to get out of a bad credit situation is by repaying your debt - and few places offer bad credit buyers an easier way to accrue, and then pay off, a small loan quite like a buy here pay here dealer. By taking on the financial responsibilities associated with financing a car, you'll be able to prove to future borrowers that you an maturely and responsibly accrue debt and pay it back in a timely manner. This will help to both raise your low credit score and set the tone for your future financial growth as a borrower. And since a vehicle is a handy, useful tool for getting on with your day-to-day, few investments have more of a positive impact on your life than a vehicle from a buy here pay here dealer.
So whether you're a longtime proponent of the buy here pay here system or simply looking for a way to find a quality vehicle despite your less-than-prfect credit history, few business models do more to help and protect bad credit consumers form falling into the downward spiral of debt quite like a buy here pay here dealer. With decades of experience helping buyers just like you get into quality vehicles without paying through the nose, McCluskey Chevrolet and the buy here pay here industry in general is ready and willing to get you in a great automobile today, and to do it at a fair price. Take a look at your local BHPH lot today and see what kind of great deal you can get yourself into - and enjoy that great used car while you're at it.
