Glossary / General

buy here, pay here

24 Episode Mentions

Too Afraid to Ask

'Buy here, pay here' means you can buy a car and get a loan from the same dealership. This is helpful for people who might not qualify for loans from banks because of their credit history.

Technical Definition

'Buy here, pay here' is a type of auto financing where the dealership sells the vehicle and also provides the financing directly to the customer. This model is often used for buyers with poor or limited credit histories, allowing them to purchase a vehicle without going through traditional banks or lenders.

Hear It Discussed

"Now, to mention the fact they get curtailment [177.8s] payments. Anyway, I'm going to be quiet for a second here. Many angles to this. Where would [181.3s] you like to start? Buy here, pay here...."
Car Dealers Are Running Out of MONEY (This Is Getting Serious) | Episode 1088 CarEdge Live 03:01

"My right foot, they certainly had the ability maybe not to stop the car, but they knew where on our tiny planet that thing was at any given time. It's no different than the buy here, pay here,..."
Pick a Conspiracy Get Out N Drive Podcast 38:54

"Our first year, we probably averaged, I don't know, 50-ish retail units a month, not including we have a buy here, pay here also."
Levi on Ventures, Lawrence on EV Market, Hatch on Volume Sales | Daily Dealer Live Car Dealership Guy Podcast 47:52