Buy Here Pay Here - Debunking the Myths

Buy Here Pay Here Financing- How does it work?

Buy Here Pay Here Financing is traditionally loans that are granted by the same dealer that is selling the vehicle. These dealers service the loan and take payments at the dealership as well. Over the years the term has expanded to include financing arranged by a dealer with one specific lender. Loan servicing is done by the lender, but payments for those loans can still be made at the dealer for convenience or by other methods.  Typically Buy Here Pay Financing is associated with customers that have had difficulty getting approved at new car lots and/or most banks.  These customers can have bad credit, no credit at all or can be a first-time buyer with no previous auto loan history.  Buy Here Pay Here Financing offers more flexible terms to accommodate their less than perfect credit history. 

There is a great deal of myths out there, however, surrounding Buy Here Pay Here Dealerships and Buy Here Pay Here Financing.  Perceptions that are simply NOT TRUE in most cases.  The fact is that Buy Here Pay Here has evolved over time and purchasing a car with a Buy Here Pay Here Dealer is FASTER and EASIER than you might think.


Buy Here Pay Here Myths Dispelled- what Express Credit Auto HAS to offer that others don't

Express Credit Auto- THE Buy Here Pay Here Car Dealer in Oklahoma

  • Easier Loan Approvals- 99% Approval Rate- Get Pre-Approved Online
  • Current Average Interest Rates at 14.3% which is below the industry average with rates as low as 8.98%
  • Lowest Possible Down Payments
  • 3 YR/36K mile limited warranty included with every purchase- protecting your investment
  • 7 convenient ways to make a payment, including online payments
  • Transparency - for the life of our relationship
  • Payments Reported to Credit Bureaus - both Transunion and Equifax

What you WON'T find at Express Credit Auto that is typically associated with Buy Here Pay Here stigmas:

  • NO old clunkers
  • NO haggling on price
  • NO one size fits all credit terms
  • NO cash only payment option
  • NO hidden terms or added fees
  • NO high warranty deductibles

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