Due to the recession, creditors have been tightening up their loan criteria, which means it’s more challenging to get an auto loan. There is an alternative option to loans from banks that require outstanding credit scores: buy here pay here car lots in Highland Park, IL.
Such kinds of car dealers may be called:
- Tote The Note
- In House Financing
- Your Job is Your Credit
- Buy Here Pay Here (BHPH) Dealership
Whereas a traditional car lot has you decide on your car or truck before discussing your financing package, in house financing auto dealers in Highland Park, IL are the exact opposite.
Preferred Monthly Installments: Highland Park (IL)
Exactly how much ought you to commit to payments? Just ten percent of the total you earn a month. If you take home $75,475 each year (the Highland Park average), this translates to $629 monthly. If at all possible, spend even less than 10%.
Buy Here Pay Here Car Lots in IL: Benefits
There’s no need to wait forever looking for a BHPH car lot in Highland Park, IL to accept you for financing. It’s our goal to get you approved today!
Financing Criteria
Asking yourself whether you are eligible? The car dealers that deal with bad credit in Highland Park, IL are looking for a payment in advance of 10-20% and a monthly income of $1500 for approval.