![]() ![]() This can make it difficult to trade in a vehicle and often means rolling any remaining balance into a new car loan. You're said to be upside down, on your loan if you owe more on it than the vehicle is worth, known as negative equity. This is equity, and the cash from this equity can be used as part of a down payment on a new car. The good news is that your car can help cover the cost if it's used as a trade-in but only if your vehicle is paid off or worth more than you owe for it. On top of that, you may also wonder how you'll cover a down payment once you do find a lender. Trading in a Car in OhioĪs an Ohioan with bad credit, you may be struggling with how you'll get financed your next vehicle. These buy here pay here dealers can be a great choice for people who think they don't have anywhere left to turn. Whether you've been turned down for financing, or are just looking for someone who won't judge you on your credit, a BHPH dealer might be what you're looking for in Ohio.įortunately, there are some dealers that can help out and we want to help you find one. Sometimes, credit issues make getting approved for financing difficult, even through a special finance dealer. This can be helpful if a consumer has been struggling with credit issues. Because they don't judge potential borrowers on credit, these dealers don't often check credit. Instead, they rely on your income to approve people for lending. Buy Here Pay Here Dealers in Ohioīuy here pay here (BHPH) dealers, known as in-house financers, don't rely on outside lenders to finance borrowers. ![]() ![]() That's why we want you to find the right financing, whether you're a first-time car buyer or are looking for a last option buy here pay here dealer - Drivers Lane is your one-stop resource. Get started finding a dealer in your area by filling out our online auto loan request form or selecting a city from the list above. ![]()
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