Going to buy here pay here car dealers in Indianapolis is a favored method of last resort by many. We may need a car badly but have little funds and bad credit. With the economy languishing, the business of these BHPH car lots have grown fast. Besides the usual used car dealers, you can find many buy here pay here dealers locally in Indianapolis.
It is tough depending on public transportation if you live and work in Indianapolis. The bus routes are limited, and having to plan for bus transfers enroute makes it almost impossible to get around to places. It’s true that you can rely on cabs if the situation calls for it, but that can turn out to outrageously expensive. That’s why many feel that having a car is almost a necessity.
But what do you do if you have trouble getting approved for regular and second chance car financing?
You can probably find better luck at a buy here pay here dealership. They offer special in house financing, bypassing the need to get a nod from an outside bank or lender. Most specialize in working exclusively with customers who have bad credit, some going as far as to say that no one will be turned down. Some may not even run a credit check before approving the loan.
Though these car lots can be lax in the way they analyze credit worthiness, you can be sure that you are paying in other ways. The cars sold are typically older models with lots of mileage on them. They price that you pay is going to be higher than their Kelly’s blue book value. Alongside that, interest charges are at subprime levels, in the range of 15% to 25% or even higher.
If you are looking into buy here pay her car lots in Indianapolis, understand that there are both advantages and disadvantages involved. Should you buy a used car at such a lot? Even individual’s situation is different. You will need to take some time to assess both the good and bad sides and come to your own conclusion. If you haven’t already, take a closer look into this buy here pay here car lots article.
Before agreeing to purchase a vehicle at a buy here pay here car lot, make sure to choose a lot that is reputable and offering you a decent deal. Do they have a good BBB rating? Are there any pending state or federal investigations into them?
Buy Here Pay Here Cars Indianapolis
Indianapolis has a number of buy here, pay here operations with branch locations state-wide. There are also 2 DriveTime car lots located in Indianapolis. DriveTime is one of the largest nationwide chain offering buy here pay here used car deals. Take a look at what we found at these car lots. These sample listings are provided as examples of what could be available. We are unable ot make any representations as to the quality of the cars and deals offered. Please be cautious when you are evaluating who to buy from. You may also want to check out this article:
DriveTime Dealerships – Lafayette Road & Shadeland Ave
If you are someone who enjoys the resources and options offered by big name stores, you may want to consider the Lafayette Road DriveTime buy here pay here dealership. Headquartered in Arizona, DriveTime has nearly 90 car lots nationwide. This one is located one block west of the I-65 behind Flowerama. All the used cars sold have access to 3 free oil changes and a 36 month or 36,000 miles limited warranty. The one downside is that DriveTime is currently being investigated by the Consumer Financial Protection Bureau, a consumer advocacy group. There has been no accusations made, and the results of the investigation is still pending.
Address and contact info:
3717 Lafayette Road, Indianapolis, IN 46222
Phone 1-317-613-1280
1202 N Shadeland Ave, Indianapolis, IN 46219
Phone 1-317-554-0355
Sample buy here pay here car inventory listings:
2008 Nissan Altima, Mileage 75,997 miles, Price Unknown, Down Payment Unknown
2001 Dodge Charger, Mileage 103,474 miles, Price Unknown, Down Payment Unknown
2009 Toyata Camry, Mileage 88,283 miles, Price Unknown, Down Payment Unknown
Superior Auto
Superior Auto is a buy here pay here auto dealer that has branches all over Indiana, and a few outlets in Ohio and Michigan as well. They have branches in the outskirts of Indianapolis, such as Shelbyville, Lebanon, Kokomo and Marion. They are a BBB accredited business with an A+ rating. Their website promises low downpayments for cars, and a 48 hour exchange policy (certain limitations apply). For over 35 years, they have been helping people with bad credit gain auto ownership. As a buy here pay here IN dealer, they supply in house financing for car deals. This ensures that they are flexible in working with poor credit scores.
Address and contact info:
2437 N. Lebanon Street, Lebanon, IN 46052
Phone 1-765-482-6755
535 E Hendricks St., Shelbyville, IN 46176
Phone 1-317-398-990
803 S Baldwin Ave., Marion, IN 46953
Phone 1-765-668-1178
1812 E Markland Ave, Kokomo, IN 46901
765-459-0880
Sample buy here pay here car inventory listings:
2005 Chevrolet Cobalt 4-Dr Sedan, Mileage 106,855 miles, Price Unknown, Down Payment Unknown
2001 Gmc Sonoma 2 Door Cab, Mileage 118,437 miles, Price Unknown, Down Payment Unknown
2000 Mitsubishi 4 Door Sedan, Mileage 114,073 miles, Price Unknown, Down Payment Unknown
These are examples of buy here pay here car lots in Indianapolis. As you can see, a lot of the cars are older models with a lot of mileage on them, which are typical of buy here pay here inventory. Make sure to do your research before buying, and check in with these dealers about the warranties they can make. To make sure that you will be happy with your purchase, try to be cautious in your approach. Take a look at this site and other sites for additional comparisons and information.
