Glossary / General

buy here, pay here

15 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.

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