Buy Here Pay Here Installment Contract | TRUSTED |

Many cars have GPS trackers or remote kill switches.

Ensure the "Truth in Lending" box is filled out. buy here pay here installment contract

Not all BHPH dealers report to credit bureaus. Many cars have GPS trackers or remote kill switches

Many contracts require weekly or bi-weekly installments. Many contracts require weekly or bi-weekly installments

Most BHPH cars lack warranties; check for a "Buyers Guide."

High interest means you may owe more than the car is worth. Blank Spaces: Never sign a contract with empty lines.

A installment contract is a unique type of auto financing where the dealership acts as both the seller and the lender. Unlike traditional car buying, you don’t get a loan from a bank; you owe the dealer directly. How the Contract Works Direct Lending: The dealer holds the "paper" (the debt). In-House Payments: You often pay at the lot. Flexible Credit: Approval is based on income, not scores. Short Terms: Loans usually last 2–3 years. Key Terms to Watch For High APR: Interest rates often hit 20% to 30%.