Chevrolet Buy Here Pay Here 〈Verified Source〉

: Most "Buy Here Pay Here" (BHPH) lots primarily require proof of income rather than a high credit score.

"Chevrolet Buy Here Pay Here" refers to a specific financing model offered by some Chevrolet dealerships or independent used car lots where the . Instead of securing a loan through a bank or credit union, you make payments directly to the dealer from whom you purchased your Chevy. How Chevrolet Buy Here Pay Here Works

: You are limited to whatever used Chevrolets the dealer has currently on their lot. chevrolet buy here pay here

: Because the dealer takes on more risk by not checking credit, interest rates are typically much higher than traditional loans.

: The dealership provides the credit directly to the buyer. This is often marketed toward those with bad credit or no credit who cannot qualify for traditional bank loans. : Most "Buy Here Pay Here" (BHPH) lots

: You can choose your car and secure your financing at the same location. Cons :

: Ideal for buyers who have been turned down elsewhere. How Chevrolet Buy Here Pay Here Works :

: These vary by dealership and vehicle. For example, some lots advertise down payments as low as $300 or $400 for specific models, while others may require $1,500 or more.