If you are in the market for a certified pre-owned vehicle, check out our Used Car Buyer’s Guide first. After setting your budget and deciding whether to buy from a private seller or a dealership, the next step is deciding what kind of dealership to buy from.

What Are “Buy Here Pay Here” Car Lots?

Buy Here Pay Here (BHPH) car lots distinguish themselves from other used car lots because BHPH dealerships offer on-site financing.

If you have bad credit, no credit, or in bankruptcy, you may find BHPH dealerships to be your best option. Even if you have good credit or don’t need financing, BHPH dealerships offer great deals on certified pre-owned vehicles.

While “buy here pay here” financing may be your only way to obtain a vehicle of your own, make sure you do your due diligence and make an educated decision beforehand (See: How to Buy a Used Car on Bad Credit).

Buy Here Pay Here lots have to abide by stricter laws since they are also effectively a finance company. Any BHPH lot that does not follow state and federal rules and regulations will not be in business for very long.

For example, all BHPH dealerships will have to follow the Truth in Lending Act (TILA), which requires the dealer/financier to disclose the final cash price, the amount financed, in addition to other necessary information for the consumer to shop and compare.

Other laws and regulations include the Fair & Accurate Credit Transaction Act, State Usury laws, and the Fair Debt Collections Practices Act.

Buy Here Pay Here Pros

In-House Financing

The first obvious advantage of BHPH dealerships is the ability to purchase and set up loan payments at the same place. Instead of getting an auto loan from a bank or another third party, you’ll be able to get everything done at the dealership.

Your payment plan will either be weekly, semi-monthly, or monthly. Get an idea of what your monthly payment will be using our Auto Loan Calculator.

Often, your BHPH dealer will be able to match up your pay dates with your job to make it as easy as possible to make payments on time and build up your credit score.

If you have no credit, bad credit, or are in post-bankruptcy, getting loan approval can be difficult. While annual percentage rates may depend on your credit score, Auto Simple accepts all credit situations including bad credit and no credit. This can be a great way to build up your credit at the same time.

Don’t believe people who say you’ll be paying 30% interest or the maximum allowed by law. Many BHPH lots offer interest rates in the range of 15% to 20%. Auto Simple offers interest rates as low as 14.9% to qualified buyers.*

Get pre-approved for financing by completing our secure online credit application.

Transaction specifics will be unique to you so make sure you review all the paperwork and finance information before you sign anything.

48-Hour Return Policy

When you buy from a private seller, you give up the chance to return the vehicle if you aren’t satisfied (along with a host of other buyer securities). When you buy a car from a BHPH car lot on the other hand, you are given a short return period to drive and test your purchase.

At Auto Simple, and at many other BHPH lots, a full 48-hour return period comes with every vehicle purchase. Make sure you go over this information with your dealer before signing any papers. No-Return policies raise red flags.

48 hours should give you enough time to drive your new vehicle through a variety of road conditions and even compare it with other cars and deals. There is absolutely no obligation to accept the offer if you are within the 48-hour timeframe.

**Trade-In Deals (Buy Here Sell Here)**

Trading in a used car is an easy way to kill two birds with one stone. If you are looking to trade in an older vehicle for a newer one, Auto Simple offers top dollar for pre-owned cars, trucks, vans, and SUVs. Our appraisals are good for 7 days.*

By selling (or trading in) your old car at a BHPH dealership, you can save a lot of time and money. We don’t know about other BHPH lots, but at Auto Simple, we make it extremely easy (See: How to Sell a Used Car to a Dealership).

Just fill out this form and we’ll send you an estimated appraisal within 48 hours.*

Curious to know how much money you can save by trading in your gas guzzler for a more fuel efficient vehicle? Calculate your fuel savings with our Gas Savings Calculator.

Free CarFax Report

Another advantage of going with a BHPH dealership is access to free CarFax reports on all vehicles.

Certified Pre-Owned Vehicles and Thorough Inspections

A certified pre-owned car is one that has undergone a full inspection and any necessary repairs as specified by the automaker. CPO vehicles are often in “like-new” condition. They may cost more, but often come with additional warranties and roadside assistance (like our 6 Month/6000 Mile Powertrain Warranty), one of the main reasons why it’s a smart idea to buy from a BHPH dealership.

While we can’t speak for other dealerships, the in-house mechanics at Auto Simple put every single vehicle through a 180-point quality inspection. This is the largest inspection any of our mechanics have ever been exposed to. We make sure to fix everything from gaskets to transmissions and everything in between.

We are able to inspect, fix, and test all of the cars on our lot because we have all of our services on-site. We control the quality levels and meticulously recondition the vehicles to ensure we meet, and hopefully exceed, all of your expectations.

Warranties

Most used car dealerships offer warranties on used cars, such as Auto Simple‘s 6 Month/6,000 Mile Powertrain Warranty on All Certified Pre-Owned Vehicles. This comes in addition to any original manufacturer warranties.

Call and ask about warranty information beforehand and make sure you get everything in writing.

Quick and Easy Process

All BHPH vehicles are normally in a database that is connected to the DMV for fast and smooth transactions. BHPH dealers may also be able to work with you to clear any existing loans you may have taken out (this depends on location, lender, and other factors).

Auto Simple makes the car buying process easy. You can get started without even leaving your couch:

Get Pre-Approved Online
Search Online Inventory
We Help You Find the Right Vehicle
Drive It Using Our Private Track for Test Driving
Buy with Confidence (See: Customer Confidence Program)

Although you may have to sign on a dotted line or two, all the paperwork is typically handled by the dealership. Most of our customers are able to drive away in their dream car the very same day.

Buy Here Pay Here Cons

Limited Inventory

Although BHPH lots carry a lot different makes and models, you are restricted to what they have available in their inventory. Shop online inventories and call the location before making the trip.

Higher Interest Rates

If you have good or excellent credit, a different lender will probably provide a lower interest rate than a BHPH financier.

But despite the unreasonably high interest rates you may have heard about BHPH lots, Auto Simple offers interest rates as low as 14.9% to qualified buyers.* Get pre-approved online and contact our financing department for more information.

Wherever you get your loan, make sure you take the information home and carefully look it over before you sign anything. Remember, this contract will potentially stay in effect for years. This isn’t an iTunes update—you want to make sure you know the exact terms and agreements.

We also recommend looking up the dealership online with the Better Business Bureau and any local consumer affairs offices. Check how long they have been in business and online testimonials. Basically, just do your research and you’ll have no problem finding a great car at an affordable price.

Hidden Fees

Not all dealerships are as upfront with you about the total costs involved in your transaction. Don’t assume they will tell you. Look over all of the paperwork carefully and check for:

administration and handling fees
the price matches the price you agreed to
inspection or detailing fees
delivery fees

Make sure you know what your payments will be be, how much the interest is, and when the payments end.

Additionally, your BHPH dealership may not report your payment history to the Credit Bureaus.

While most dealers will automatically submit your payment information to credit agencies (like Auto Simple), don’t assume this is being done. Ask the dealership what their policy is on credit reporting so you can start rebuilding your credit.

Conclusion:

Buy Here Pay Here dealerships offer a wide selection of certified pre-owned vehicles and specialize in providing auto loans to people with negative credit. If you need a quality vehicle and need to build up your credit, you can kill two birds with one stone at a BHPH dealership.

Individual perks, however, vary from dealership to dealership. Make sure you do your homework first. Below you will find some of our competitive offerings.

Auto Simple PERKS

https://youtu.be/BzJ9717ps1Y

Most of the “buy here pay here” advantages listed above can be found at any BHPH dealership. There are, however, many benefits we offer on top of the aforementioned “pros.” If you do end up choosing to buy or sell a used vehicle at a Buy Here Pay Here dealership, we hope you choose one of our locations in Tennessee or our brand-new lot in Dalton, VA.

Here are some of the specific perks we offer to all of our customers:

Free CarFax for All Vehicles
6 Month / 6000 Mile Powertrain Warranty
Low Down Payments
Large Inventory of Certified Pre-Owned Vehicles
Thorough 180-Point Quality Inspection
Preferred Customer Program
Meticulously Reconditioned Vehicles
Hassle-Free Financing
FREE Conventional Oil Changes Every 90 Days*
Short-Term Financing
Low-Mileage Vehicles
Fast Credit Approval
Weekly, Bi-weekly, and Monthly Payments

We take great pride in taking control over the entire buying, selling, inspection, and testing process. All of our vehicles go through a rigorous 180-point quality inspection.

We offer affordable prices and low down payments. Many of our customers drive away in their dream car for as low as $499 down.

Free Oil Changes

Simply sign up for recurring payments from your checking account and get FREE oil changes every 90 days for as long as you are paying off your loan.*

$200 Referral Program

When you refer a friend who purchases a vehicle from Auto Simple, you will earn a $200 credit on your account.

Tax Refund Special

https://www.youtube.com/watch?v=rX4HHCZC2wY

If you bring in your estimated tax refund, you can sign and drive away with your new car and we may defer your down payment.

Our tax refund special makes it easy for you to Sign & Drive. Stop on by one of our locations and say “Hi.” Read our testimonials to get an idea of how we treat our customers.

If you have any questions, don’t hesitate to speak with one of our Online Specialists or give us a call:

Chattanooga, TN – (423) 551-3600

Cleveland, TN – (423) 476-4600

Dayton, TN – (423) 775-4600

Dalton, GA – (423) 775-4600

Follow us on social media for more useful information on buying, selling, and maintaining used cars: Facebook, Twitter, Youtube, and Google+.

Moving to a new city? Need some extra cash? Looking to upgrade your vehicle? Whatever your circumstance, selling a used car is not as simple as it looks. It takes time, energy, and usually, money. Decisions need to be made and steps taken.

Luckily, you can make the process a lot simpler if you decide to sell to a dealership. You won’t have to research the market, set prices, advertise, or spend time showing the car and dealing with all the back and forth involved with a private buyer.

Time is money. If you value your time, then you’ll agree that selling to a dealership is a lot simpler and overall, cheaper than selling to a private buyer. And, if you are looking to buy a new car, you cannot beat the convenience and affordability of trade-in values at dealerships. Whether you are selling your car for cold hard cash or are looking for a trade-in deal, speak with us first.*

While some factors may be out of your control (location, market, etc.), these steps and techniques for selling your car will increase your odds of success.

Steps for selling your vehicle to a private buyer:

Determine the vehicle’s worth

Use multiple resources such as Kelley Blue Book, NADA Guides, and Autotrader. If you have a junk car, you may be better off donating it.

Gather the paperwork

This includes the title, maintenance records, bill of sale, release of liability, warranty documents, and as-is documentation.

Get the car ready

Clean the car inside and out. Shine the exterior, vacuum the interior, replace any damaged floor mats, and clean rims and tires. Or, go with a professional car detailer.

Take pictures

You should have high-quality images from multiple angles for your advertisement. This includes, all sides of the exterior, front and back seat, trunk, dashboard, carpets, wheels, and engine.

Find a place to advertise

There are many options available to you, some better than others. You’ll want to compare among the following advertising methods: social media, “for sale” window signs, newspapers and other print media, craigslist, eBay, cars.com, autotrader.com, Kelley Blue Book, and Beepi.

Create an ad

Creating a good ad that will get a response takes some time and effort. You want to come across as a trustworthy person who has taken care of their car. At the absolute minimum, you’ll want to make sure that you include the price, mileage, modifications, VIN number, and the number of owners.

Screen potential buyers

This is probably the most time-consuming part of the process. You can help eliminate the number of false leads by choosing carefully where and how you are advertising your vehicle. Regardless of where the potential buyer comes from, you’ll want to verify their full name, clarify acceptable forms of payment, only accept full payment, and determine if the buyer is in the area.

Give your sales pitch

You’ll have to bring out your inner salesperson to pitch your car to prospective buyers.

Negotiate the sale price

If you are set on the price, stand firm. Most private car buyers, however, are expecting to negotiate. Don’t be afraid to counter-offer to get a price you both agree on. Write down your lowest acceptable price and never go lower than that.

Finalize the sale

You’ll need to do a couple of things before you can successfully transfer ownership to another person. The sale isn’t complete until you complete a title transfer. You may also need a bill of sale, depending on what state you are in. After payment is accepted and the bill of sale completed, you need to sign over the title, fill out a Release of Liability (if required), provide warranty documents (if applicable), maintenance records, and any additional paperwork your state may require.

Don’t forget to hand over the keys and remove your vehicle from your insurance policy.

– steps via DMV.org

How to Sell Your Vehicle to a Dealership

In contrast, here are the steps for selling your car to a dealership:

Bring your car, truck, or SUV into one of our locations (Chattanooga, Dalton, Cleveland, or Dayton)
We’ll give you a free appraisal
Sell us your car

We don’t know about other dealerships, but at Auto Simple, we make it as easy as 1-2-3. Yes, it’s that easy. You’ll avoid all the hassle of paperwork, dealing with multiple buyers, and waiting for payment.

What Is My Vehicle Worth?

If you want an estimated appraisal before you bring in your vehicle, we do that too! Simply fill out this form and we’ll send you an estimated appraisal within 48 hours.

Even though selling your car at Auto Simple saves you a lot of inconvenience and annoyance, you still want to get a good deal. Here are some insider secrets to get top-dollar for your vehicle:

Bring in your vehicle

While it may seem obvious not to bring in a filthy vehicle that still has last week’s fast food in the back, other things are not so self-evident. Before you get your used car, truck or SUV appraised, take the time to go through these steps:

Clean the car inside and out.

Read this WikiHow article for tips on detailing your car before bringing it in for sale. Sometimes, however, the job is too big for one car owner. In this case, it may be best to take your car into a professional detailer. It may cost you around $100, but you’ll almost definitely make this money back. Besides the beautiful result of professional detailing, you’ll also send a message that you’ve been taking good care of your vehicle.

Here are some quick tips for cleaning your vehicle before sale:

Take everything out of the vehicle.
Clean the inside and outside.
Top off fluids (oil, brake fluid, windshield washer fluid, etc.)
Get rid of the smell (use this WikiHow article)

Take vehicle into a mechanic.

You will want to find out what’s wrong with your car before the dealership does. Make sure your inspection is thorough. Typically, a thorough inspection will cost around $100. If it’s less than $75, it’s probably not good enough.

By inspecting the car first, you’ll have some extra documentation and be able to disclose the findings. This builds trust and confidence. Additionally, you’ll have a second opinion to compare against the mechanic who does the inspection for the buyer.

Bring in all the documentation you can.

Gather copies of all of your vehicle’s maintenance records. If you don’t have them, you may be able to call your local mechanic for copies (usually for a fee).

Determine a price.

There are several ways to get a suggested sales price for your car. We recommend checking out Kelly Blue Book and some private-party sales of cars that are the same make and model as yours. Set a reasonable sale price, but be prepared to lower it a bit and you’ll be happy with the end result.

We’ll give you a free appraisal

After you have prepped your vehicle for sale, bring it into one of our dealerships. We have mechanics and appraisers on the spot so you can get your quote the very same day.* The offer will be valid for 7 days.

Bring documentation and paperwork.

Don’t forget to bring the following:

Your vehicle’s title (or payoff information)
Valid and current vehicle registration (verifies you are the owner)
Government issued photo ID
All keys and remotes (if damaged or missing, your offer may be adjusted)
Maintenance records (recommended but not required)

Feel free to download our checklist before you arrive.

If for any reason you don’t have your title or the titleholder is unable to make it, give us a call before you arrive: 1-877-794-ACAR

Sell us your car

If you like our offer, you can sell us your car and get paid on the spot.* It’s that easy! There’s no pressure or obligation. If you want to sell your car easy and fast, Auto Simple is your simplest and best choice.

**Buy Here Sell Here—We Buy Cars!**

https://www.youtube.com/watch?v=KmN3_wa-8M0

*Contact us for further details.

Auto Simple wants to make your car sale as easy and painless as possible. Fill out our online vehicle appraisal form and give us a call for more information on selling your car