Beautiful black woman with the texts on white background banner 

Buy Here Pay Here and Bad Credit Financing Explained

What is a Buy Here Pay Here? 

The fact is that Buy Here Pay Here has evolved over time.  When it began in the 1950's it meant, simply, when the car dealer finances the car with their own money.  The Buy Here Pay Here dealer (BHPH) also collected the payment and serviced the loan.  Over time the BHPH dealers have expanded their thinking and while some continue to collect payments and service loans, others work with one specific finance company instead of the 20-30 that new car dealers do.  This allows Buy Here Pay Here car lots to continue to be able to offer more flexible terms and faster, easier approvals to buyers.       

What is a bad credit auto loan?

Having a bad or less than perfect credit score does not mean that you cannot get financing for a car.  What it does mean is that you will need to find a dealer that will look at your entire situation (income, job time, residence time, and credit score) and accept it, as is, in order to approve an auto loan.  You may need to provide a little extra documentation and the terms, payments and interest rates may vary- but it is far from impossible.          

                              Benefits of Buy Here Pay Here at Express Credit Auto

  • Our Process is Fast- spend minutes not hours
  • Approvals are EASY- 99% Approval Rates- Get Pre-Approved Online
  • You have OPTIONS- start the process online or in store. YOU CHOOSE
  • Low Down Payments
  • Benefits of Traditional Financing in a non-traditional settinginterest rates lower than national buy here pay averages and comparable to many new car stores. Average current rate 14.3% with rates as low as 8.98%
  • Finance terms tailored to the whole customer, not just a score
  • NO SPOT DELIVERIES- when you drive off of our lot the car is YOURS
  • Transparency- we do not charge processing fees. Our listed price is what you pay, nothing more.
  • You're PROTECTED- a 3 year/36,000-mile limited warranty is included with every purchase
  • We're LOCAL- proudly serving Oklahomans since 1996.
  • Referral Credits- refer friends/family that also purchase from us and get a $100 credit applied towards your account
  • NO LATE FEESwe do not punish customers that are already struggling with piling on fees
  • Report to Credit Bureaus (Transunion and Equifax)
  • Online payment options just like a traditional lender
  • Second chances- our 25+ years of experience has taught us that everyone falls down sometimes and we believe in giving people a second chance in their financing options

Other Industry Terms to know before you shop

Buy Here Pay Here           In-House Financing              Bad Credit Auto Loans             
No Credit                             No Credit Check                   Bad Credit Car Dealer

Buy Here Pay Here Car Lots in Oklahoma


Sales Locations

North Oklahoma City:                 (405) 792-2280

South Oklahoma City:                  (405) 632-0090 

Midwest City:                                (405) 455-7773

Norman:                                        (405) 801-4060

Tulsa:                                             (918) 591-2700

Sales Hours

  • Monday 9:00 am - 7:00 pm
  • Tuesday 9:00 am - 7:00 pm
  • Wednesday 9:00 am - 7:00 pm
  • Thursday 9:00 am - 7:00 pm
  • Friday 9:00 am - 7:00 pm
  • Saturday 9:00 am - 6:00 pm
  • Sunday Closed