2. They Often Don’t Require a Large Down Payment

Let’s face it: if your car breaks down and the cost to repair is more than it’s worth, buying a newer vehicle is a sound financial investment. But your car won’t always break down when you are flush with cash. If you use a buy here pay here option, they are more likely to work with you if you don’t have a large down payment. Of course, wherever you buy, the larger the downpayment, the shorter the loan term.

down payment dealerships

grinvalds / Getty Images


More on Facty


This site offers information designed for educational purposes only. The information on this Website is not intended to be comprehensive, nor does it constitute advice or our recommendation in any way. We attempt to ensure that the content is current and accurate but we do not guarantee its currency and accuracy. You should carry out your own research and/or seek your own advice before acting or relying on any of the information on this Website.