In House Financing Options: Your Best Car Approval With Any Credit

Did someone say in house financing options? Oh, yeah, let’s stop the endless road of car loan rejections and dive straight into the fast lane of in-house financing.

That’s right, no matter your credit history or how many times you’ve been turned down, we’ve got the roadmap to navigate your way to automobile ownership!

• Intro to In-House Financing Options

• The Rundown on In-House Financing Options

• Navigating Your In-House Financing Journey

• Your Responsibilities with In House Financing

• Concluding Your Journey with In-House Financing Options

• In House Financing Options – FAQs

Ever heard of ‘Buy Here Pay Here’? No, it’s not the name of a new hit song. It’s a term synonymous with in-house financing options.

The name might be as simple as a nursery rhyme, but trust us, it’s a serious game changer for people who’ve hit some bumps on the credit highway. So, what is it, you ask?

In-house financing or ‘Buy Here Pay Here’ (BHPH) is like a superhero swooping in to save the day when traditional lenders slam the door in your face. Yeah, you heard it right! The dealer becomes your lender. No middleman, no mumbo-jumbo, just a straight shot to car ownership.

With dealership financing, you’re able to get approved for car loans without credit check, car loans for bad credit, and even first time buyer financing!

Okay, now let’s hop into the time machine. Way back in the yesteryears, during the Great Depression, banks and traditional financing companies had their hands tied. Lending money for cars was riskier than trying to do a moonwalk on a slippery floor. That’s when dealers stepped in with their capes flying. Thus, the concept of in-house financing was born.

Over the years, it has become a lifeline for many prospective car owners, evolving and improving like a fine wine. When it comes to helping people with challenging credit, there is no competition between bad credit car dealers and traditional. Buy here pay here takes the cake!

So, whether you’re an absolute newbie in the world of finance or someone with a credit score that’s seen better days, in-house financing options have got your back. Ready to ride along? Let’s rev up those engines!

It’s time to lift the hood on in-house financing and peek inside. Don’t worry, we’ve got a wrench, a bucket load of elbow grease, and plenty of snarky remarks to keep you entertained.

The Basics of In-House Financing Options

Remember the “Buy Here Pay Here” thing we mentioned earlier? Well, it’s time to pop that term into our metaphorical mechanic’s lift and examine it from all angles.

In-house financing is like asking your generous (and affluent) Uncle Bob for a loan to buy that shiny red convertible, with the added perk that Uncle Bob also happens to own the car lot. In this case, the dealer is Uncle Bob. They provide you with the loan and you pay them back directly, skipping the bank bureaucracy and confusing financial jargon.

Traditional loan services may give you the stink eye if your credit score isn’t as pretty as the summer sky. However, in-house financing can be your ray of sunshine on a cloudy credit day. Who knew car buying could be this poetic?

Key Terms to Know in In-House Financing

“amortization” or “compound interest”. This is a no-jargon zone! Instead, let’s talk turkey about what you really need to know about in-house financing options.

Advantages of In-House Financing Options at Westland Auto Sales

Alright, so we’ve chatted about what in-house financing is. Now let’s get into why it’s cooler than a cucumber in a bowl of hot sauce.

In house financing benefits include high approval rates, convenience, and can be a lot more customized for the individual customer, oh my! It’s like a finance wonderland!

But, not all dealerships are created equal.

Enter Westland Auto Sales. We’re not your typical used car dealership.

Our unique offerings like credit reporting, low down payment, high accountability, flexible payment terms, and an on-site repair shop make us stand out from the crowd. We also have frequent community events, Member raffles, and a Referral Partner Program unmatched by anyone in the industry. 

Oh, did we mention we carry newer, lower mileage units that are backed by a free 2-year warranty? Now that’s hotter than our Fresno summers!

There’s a clear reason why we have a success rate of 78.3% for our Members when the industry average is only 39.2%…

How Westland Auto Sales Aids in Credit Score Improvement

Remember that high accountability thing we mentioned? At Westland Auto Sales, we’re committed to keeping our Members stay on track with their payments and credit score.

It’s like having your very own financial fitness trainer.

We have a very clear system we follow to the T that we explain to each new Member so they know exactly what to expect. This allows them to know the exact steps they need to take to increase their chance of success through our Program.

It’s up to you to take the steps, but with us clearing the path for you, it becomes ridiculously easy to do so.

Who Should Consider In-House Financing Options?

So you want to know who should consider in-house financing? Well, if you’ve ever had your loan application returned faster than a boomerang, this could be your solution.

Bad credit? No problem. Previous repossessions? Don’t sweat it. If you’ve got a challenging credit situation, including having no credit, we’re the dealership near you that you can expect to help.

Auto loans for no credit are an easy reality. It’s your savior for used car financing options for every situation!

Except illegal stuff…we can’t get you approved if you’re in a legal mess, sorry!

But, if you’re in a situation where you have been denied an auto loan numerous times and told you need a cosigner, we’re here to tell you that it’s not necessary. In house auto loans can let you get approved for a car without a cosigner and set yourself up for success.

Success Stories from Westland Auto Sales’ Customers

At Westland Auto Sales, we’re all about turning financial nightmares into dreams come true. 

Our dealership has countless success stories of customers who thought they’d never own a car. Like Steve Bliss, who was able to drive away in a reliable car despite having multiple repossessions on his credit record and being denied numerous times.

Ashley Guidry, a single mother who had a score lower than the dancers in hip-hop videos can drop, who got approved and is currently on her 4th car with us and on her way to be able to buy her own home!

These are just two of the thousands of Members of our community we’ve had the blessing to watch grow. We’d love to do the same for you.

What to Watch Out For With In House Car Financing

While in-house financing can be your golden ticket to car ownership, it’s essential to keep your eyes open and know the road signs. 

Stay weary over:

• A lack of warranty.
• Not reporting your payments to credit
• Asking for 50% down from everyone
• Not taking your financial situation into consideration
• A dealer that does not run your credit
• Not asking for proof of income, residence, or your license/ID
• Refusing to let you test drive or inspect the used car prior to buying
• Not being willing to tell you their procedure for collecting

At Westland Auto Sales, we believe in transparency and honesty. We’re here to help you navigate the terrain and steer clear of potential pitfalls.

By learning to avoid pitfalls and choose the best car dealerships you’ll set yourself up on a clear path to success.

The Proactive Approach of Westland Auto Sales Towards Financial Education

Knowledge is power, especially when it comes to financing. That’s why we’re committed to providing financial education to our customers.

At Westland Auto Sales, we’re more than just a dealership – we’re your co-pilots on the road to financial freedom. We don’t want you to get stuck in an endless loop of in house financing options. Our goal is to have you to use our finance here car dealerships to improve your credit score and move toward your path to financial freedom!

Brace yourself, it’s time to dive into the nitty-gritty of availing in-house financing options. Like riding a bike for the first time or trying to assemble that Swedish furniture, it may seem daunting. Good news, we’re here to guide you, one pedal (or Allen wrench) at a time.

Here are the four quick steps you can take for the best car financing deals in Fresno. (that means with us, but the same can work for a good BHPH car dealer closer to you)

1. Pre-Approval

Pre-approval is like RSVP-ing to the car ownership party. It helps you set a budget and shows the dealer you mean business.

So how does it work at Westland Auto Sales? It’s as easy as pie (and much less messy).

I love pie…

First, you fill out our online form. We’re not asking for your life story, just the basics to get the ball rolling. Then, our dedicated finance team gets to work. They review your application and within minutes one of our Consultants is on the phone with the details of your individual approval.

The Role of Pre-Approval in Securing a Car Loan

Imagine walking into a dealership knowing exactly what you can afford. That’s the power of pre-approval. 

By making sure you fill it out ahead of time, you’re ensuring that everything is lining up perfectly for your situation! It allows the dealership to get a head start on getting things prepped for you so when you show up, you’re in and out in a jiffy. 

Also, it shows the dealer that you’re serious and ready for the commitment. This allows them to place you ahead of the line and prioritize your application.

2. Document Requirements for In House Financing Options

Alright, let’s talk paperwork. I know, most people hate paperwork…But don’t worry, we won’t bore you to death with long lists and complex terms.

Let’s keep it simple and make it as easy as ABC.

You will need:

• Valid photo ID or license
• Proof of income – pay stub, W2, award letters, etc.
• Piece of mail to your address – Utility bill or phone bill
• Bank statements – last 3 months (only if you have a bank account)

Keep in mind, you can also sell your car as you buy one with us! If you’re wanting to trade in your old car, make sure to bring the documentation to show you are the legal owner, as well as the title/pink slip. 

Preparing Your Documents: A Step-by-Step Guide

Confused about the documentation? No worries, we’ve got your back! We’ve put together a handy guide to help you get your docs in a row.

You can read our article on documents needed for car purchases to make sure you’re fully prepared and understand why they are needed. It’s like packing for a vacation but without the worry of forgetting your swimsuit.

3. Pick Your Car & Payment

With everything lined up, you’ll be showing up for your appointment with the red carpet rolled out.

Your Consultant will greet you, bring you inside, and ask you some follow-up questions to make sure everything in your application is 100% correct and that they understood your vehicle needs. From there, they will show you the best options for your situation.

Once you test drive, inspect, and select the car that fits you best, we’ll be working on the terms of your Program!

Making Your Budget Work with Westland Auto Sales

Think managing your budget has to be a pain in the exhaust pipe? Ha, Think again! With our flexible payment plans, we make budgeting a breeze.

We know everyone’s financial situation is unique, that’s why we offer a range of options. We’ll review your income, expenses, pay frequency, and additional financial information to determine the best payment plan to increase your chances of success.

We pride ourselves on our flexible payment schedules that are customized for each of our Members.

Whether you’re paid weekly, bi-weekly, or monthly, we’ll work with you to tailor a plan that fits your budget.

4. Sign on the Dotted Line

Wait a minute…that easy, really?

Yeah, no joke here. We’ve had Members that have gone through our buy here pay here auto sales process in less than an hour and a half!

Once you settle on the terms, we’ll print out the paperwork and have one of our Managers sit down with you to review everything thoroughly so you fully understand the details. Check out our article on understanding used car paperwork to prepare yourself ahead of time for any dealer you choose. 

With your stylish signature on the forms, you’ll now be ready to drive home a car owner!

But first, don’t forget to ring the bell with us!

Alright, you’ve bought the car. Congrats! But hold your horses, there are still things you need to take care of.

Like Spiderman, with great cars comes great responsibility. 

Think of them as chores, but less boring and with a much cooler reward – an amazing future!

In order to make sure you succeed through our program, you need to make sure that you stay on top of a few key things.  

Staying on Track With Your Car Payments

Your family and your future depend on you, and so does your credit score.

To make sure you keep that score healthy and growing, you’ve got to stay on top of your car payments. This means paying on time or early. Never, ever, ever late. Seriously.

A single late payment can have a huge negative impact on your score. We always recommend you place some extra money with your payment so you can stay ahead of the game in the event an unexpected expense comes up. An extra $20-50 bucks will give you a massive cushion and also save you tons in interest!

We send out regular payment reminders and constantly communicate with our Members to provide them with the accountability we all need from time to time. This helps them stay ahead of the game and distraction-free. However, it’s up to them to follow through.

Our goal is to provide our Members with the external accountability that helps them build the internal accountability to allow them to achieve things without needing us or anyone else moving forward.

Car Ownership Means Car Maintenance

You think Spiderman likes having to refill the web canisters or fix his suit when it gets torn from wear during his battles? Unlikely.

And yet, he does it because he knows it’s part of the mantle he took on.

The same applies here. As a car owner, you have taken on the responsibility of maintaining your vehicle. While our free 2-year warranty will help you tremendously to avoid extra costs, your routine services need to be done to keep your car in tip-top shape.

You can check out our car routine maintenance checklist to stay ahead of the game and always be prepared.

We suggest you set aside some money with every paycheck so when those car issues pop up, there is no stress on your side because you had a plan of attack. Let’s be real, we all know they will come, we just don’t know when. They are not emergencies if you prepare for them. 

And there you have it! The winding, thrilling, and ultimately rewarding road that is in-house financing. With these options at your disposal, car ownership is more than just a pipe dream—it’s a reality.

Looking Forward to Your Future

Choosing in-house financing is more than just a one-time deal. It’s a decision that keeps on giving.

By showing financial responsibility and timely payments, you’ll be driving straight toward an improved credit score and ultimately, a bright future for you and your family. Not to mention, you’ll be cruising in style with the car you’ve always wanted.

What was that? You’ve still got questions?

Of course, you do!

Well, what a coincidence, we’ve still got answers. Below, you’ll find some of the most frequently asked questions about in-house financing. 

Q: How does in-house financing work at Westland Auto Sales?

A: The buy here pay here auto sales process is pretty straightforward. You pick a car, fill out an online form, get pre-approved, submit the necessary documents, agree on a payment plan, and voila, you’re a car owner! And remember, we’re with you every step of the way.

Q: Can I apply for in-house financing if I have bad credit or previous repossessions?

A: Absolutely! In-house financing is a godsend for individuals with less-than-perfect credit. Even if you’ve been denied a car loan numerous times, we can get you approved. With our 97% approval rate, we’re not just about selling cars—we’re about giving everyone a fair shot at car ownership.

Q: What are the advantages of in-house financing over traditional auto loans?

A: Where do we even start? Higher approval rates, lower down payments, flexible payment schedules, a customized approach to give Members the highest chance of success—the list goes on. Not to mention, we report your payments to credit agencies, so you get the added bonus of improving your credit score. We do not take a blanket approach like traditional lenders, we specialize it for you. 

Q: How does the application process work for in-house financing at Westland Auto Sales?

A: We’ve simplified the process to four main steps: pre-approval, documentation, picking your car and payment, and finalizing your program. It’s as easy as one, two, three…and four!

Q: What documents do I need to prepare for my in-house financing application?

A: All we need is your valid photo ID or license, proof of income, a piece of mail, and bank statements. That’s it! We keep it simple so you can focus on the fun part—choosing your next ride for your future.

Ready to start your journey to automobile ownership? Visit us at Westland Auto Sales, your reliable partner in in-house financing options. Put the pedal to the metal and drive toward a better life today.