Are you in need of a car but struggling to get approved for financing due to bad credit or no credit history? Don’t worry, you’re not alone. Many people find themselves in this situation, especially during times of economic uncertainty. That’s where Buy Here Pay Here (BHPH) dealerships like O’Gorman Motors come to the rescue.
What Sets Buy Here Pay Here Apart
Buy Here Pay Here (BHPH) is a unique method of running a car dealership, where the dealers themselves extend credit to buyers. This option is specifically designed for individuals who are unable to meet credit standards elsewhere. BHPH dealerships emerged in the early 1970s during the United States savings and loan crisis, a scenario similar to the 2008 financial crisis. At that time, credit was scarce, unemployment rates were rising, and the economy was transitioning from a production-based to a service-based model.
O’Gorman Motors, located in Irvington, NJ, offers Buy Here Pay Here financing to car buyers with bad credit or no credit. Unlike traditional dealerships, O’Gorman Motors provides a chance for individuals who have been turned down by other lenders or car dealerships.
How O’Gorman Motors Differs
So, what makes O’Gorman Motors different from traditional dealerships? Let’s take a look:
- Approval and financing are done directly through the dealership, eliminating the need for a bank.
- Approvals are typically easier, regardless of your credit history.
- Payments can be made on-site or directly from your bank account using credit or debit cards.
Things to Consider When Shopping for a Used Car
When purchasing a used car, it’s important to keep a few factors in mind:
Cars Sold “As-Is”
Some used cars are sold “as-is,” which means the price doesn’t include a warranty. This lack of warranty can leave you vulnerable to major mechanical repairs and expenses, which you may not be in a position to afford. At O’Gorman Motors, our cars come with a limited warranty to protect you from unexpected costs.
No Credit Reporting
Making on-time payments for your car can help improve your credit score. However, this only works if your dealership reports your payments to the major credit bureaus. At O’Gorman Motors, we report to the credit bureaus, giving you the opportunity to boost your credit score.
Third-Party Warranties
Third-party or aftermarket warranties often require you to get your claim approved by specific auto repair shops or call centers. This process can be time-consuming and may require you to pay for repairs upfront and submit receipts for reimbursement. At O’Gorman Motors, we stand behind our warranty program, offering mechanical repairs from our qualified mechanics on-site.
O’Gorman Motors: Raising the Standards
Technically, O’Gorman Motors is a Buy Here Pay Here dealership because we offer our own on-site financing and an easy approval process. However, that’s where the similarities end. At O’Gorman Motors, we hold ourselves to much higher standards. We provide quality cars that undergo a rigorous 105-point inspection, computer testing, servicing, and reconditioning to ensure they meet our high-quality standards.
During this inspection, critical components of the vehicle are thoroughly checked, including tires, brakes, hoses, belts, battery, and more. We replace or repair any necessary parts to avoid unexpected repair costs and keep you safely on the road. With over 35 years in the business and having served over 1.7 million customers, O’Gorman Motors is a name you can trust.
Why Choose O’Gorman Motors
Here are some reasons why O’Gorman Motors stands out among other Buy Here Pay Here dealers:
- Easy on-site credit approval process.
- Affordable payment schedules.
- Each car undergoes a comprehensive 105-point inspection.
- Limited warranty coverage.
- Low-cost service and repairs available at our mechanic shop.
- Opportunity to improve your credit score.
- Dedicated support team always ready to assist you.
So, if you’re facing credit challenges or struggling to get financed, O’Gorman Motors provides the benefits of a Buy Here Pay Here dealership with the security of our trusted program. Visit us today and let us help you get into the vehicle you need.
