What Is Buy Here Pay Here
500 Below Cars

500 Below Cars

We are revolutionizing the car buying experience!

What Is A Buy Here, Pay Here Dealership?

What is a Buy Here, Pay Here Lot?

Desperate to buy a car for yourself but have a bad credit score? Unable to find a way out? What if we told you that there is a solution to your problem? You can purchase a car, even if you have less-than-stellar credit. With a low credit score, the chances of you getting a car loan are close to nil. A perfect solution for you is a car dealership that offers buy-here, pay-here – BHPH financing!

How Do Buy Here Pay Here Lots Handle Financing?

A dealership that offers the buy-here, pay-here financing option, acts as both the seller as well as the lender! It is the ultimate solution for car buyers who get rejected by banks due to bad credit. It is not only used by bad-credit holders, but people with a good credit score choose this method. Where in a traditional car dealership, the seller requests financing from third-party lenders, in a BHPH dealership, the seller acts as the bank as well.

It becomes difficult for people with a bad credit history to get car loans. Even if their loan applications are approved, they are subjected to high-interest rates. Therefore, if you want to save yourself from the bank hassle, BHPH financing is what you need!

The Benefits of Buy-Here, Pay-Here Financing

There are numerous benefits of choosing a Buy-here, pay-here lot! It helps in making the car dreams come true for people who fail to get car loans from the banks.

Credit History Doesn’t Matter

At buy here pay here dealerships, a seller will verify your income and ask for proof of residence but often doesn’t rely on your credit history. Therefore, you can get a certified used car of your choice without worrying about your credit score.

Low Car Down Payments

Many buy here pay here dealerships offer car deals with little or no down payments. The down payments can be $1,200 or lower in many cases. 500 Below Cars averages $1,250 down payment. 

A Simple Car Buying Process

Buying a car and getting it financed was never as simple as it is now with the buy-here, pay-here financing. Buy here, pay here financing is quick to let you know about your approval. You can often leave the same day with a vehicle in your possession. 

Good Vehicle Return Policy

When you buy a car from a private seller, there are no chances of returning the vehicle if you are not satisfied. With buy-here, pay-here lots, you often get a return period and some type of warranty. If you are not satisfied with the purchased vehicle within the return period, the dealership will take back their car.

500 Below Cars offers an industry topping 12-month unlimited mile warranty 

Find A Buy Here Pay Here Dealership Near Me

If you are looking for a Buy Here Pay Here dealership near you then chances are 500 Below Cars has a location near you. 500 Below Cars have a buy here pay here dealership near you with locations in Houston, SpringPasadena, and growing! 

The Best Buy Here Pay Here Dealership

If you are looking for a reliable Buy-here, pay-here lot in town, 500 Below Cars is the perfect option! We offer full transparency in our pricing and excellent customer service. At 500 Below Cars, the customer gets to pick the monthly payment, that perfectly suits the budget. The monthly payments vary from $300 to more than $500; therefore, let your budget decide your monthly payments. Our excellent service receives overwhelmingly positive feedback, check out our reviews for yourself.

Choose the top-ranked Buy-Here, Pay-Here car dealership in town, 500BelowCars, and purchase the perfect vehicle for yourself without worrying about bad credit!

You will love working with us

Just ask our customers

Share this post


Get The Latest In Automotive Tips

Stay up to date with the latest in automotive with 500 Below Cars!

Dear Customers,

We are taking preventative actions to help protect you and our staff.

  • We are working with reduced staff to limit the number of people present
  • Expedited checkout. Reducing your time on-site to one hour or less.
  • Additional hand sanitizing stations and disinfection wipes available
  • We are disinfecting customer touch points and waiting area furniture as needed up to twice per day
  • We have removed magazines and other reusable reading material
  • We have enacted “social distancing” – elbow tapping and kicking feet has been fun in the meantime
  • Managers are promoting frequent and thorough hand washing and encouraging respiratory etiquette, including covering coughs and sneezes for all employees
  • We are now accepting virtual appointments via face-time video (zoom). To schedule a virtual appointment just fill out an appointment form as normal and once communicated with simply request a video appointment.

We thank you for your business and please know we are working hard to keep our employees and customers safe. We will continue to monitor this situation locally and nationally.