I’m curious about the buy here pay here (BHPH) financing option. Specifically, do BHPH dealerships typically perform a credit check on potential buyers, or can I purchase a vehicle with no credit or poor credit without one? Any insights on how the process works would be appreciated.
Alright, so from what I gather, a lot of BHPH places advertise that they won’t do a credit check because that’s kind of their main selling point. They know people coming there usually have some credit issues. But sometimes, they’ll still take a peek at your credit history, not to determine if they’ll sell you a car, but just to check out your past. It can depend on the dealership. Some might be more strict and want to see how you’ve managed other debts. But yeah, generally, it’s supposed to be more flexible for people with no or bad credit. Just make sure to read any agreements carefully.