It is safe to say that owning a car is everyone’s dream, whether or not you are into automotive. Even those who cannot drive will not say no to owning this versatile vehicle. So, what is stopping us from realizing that dream? Money. Let’s face it, even though manufacturers have started to produce what they categorize as cheap cars, some of us still cannot afford it. That is where auto financing comes into play. And for those living in Georgia, we have a list of the best buy here pay here Marietta GA car dealerships below!
Before we get into that, let’s take a look at the benefits and the disadvantages of using buy here pay here.
Through buy here pay here, you get to take home a car and pay as low as a 500-USD down payment. Does it sound so easy? Yes, it may be so much easier than the typical car loan process. For those with poor credit, little, or no credit history, may not be able to get approved for a traditional auto loan. And they also may not have money to pay the down payment required. The best car dealership with buy now pay here Marietta GA has to offer makes it possible for some people to get auto financing when they wouldn’t have a chance in other places. And the best part is: it comes with tons of benefits:
1. No credit required
No credit check or no credit required is one of the big benefits of buy here pay here. Dealers welcome potential buyers, even those with no credit, or even with bad credit.
2. Easy and fast
Getting financing from the buy here pay here dealer means buying a car can be relatively quick and easy. Generally, dealers require some primary documents, such as proof of income, driving license, and residential proof. But, most of them offer a faster process compared to a traditional dealership.
3. Small or no down payment
Some dealers offer a zero down payment for a car. However, we recommend you to put in a larger down payment to avoid higher interest rates.
Most buy here pay here dealers offer to trade in, and there is a high possibility that they will take your old car in any condition.
Buy here pay here may come with several benefits. However, like other financing options for people with bad or no credit histories, it often comes with some drawbacks, including:
1. Higher interest rate
When you opt for buy here pay here dealership, you will likely pay a higher interest rate. Most dealers apply interest rates of around 20%. This means you end up paying around four to five times more than a traditional car loan.
2. Limited car selection
A traditional car loan allows you to choose a car then figuring out the financing. On the other hand, buy here pay here dealerships may look at your financing first and then give you a limited choice of vehicles to choose from.
3. Hidden fees
Some dealerships may not be open about the total cost. They may charge other fees, such as administration and handling fees, inspection or detailing fees, and delivery fees. It’s advisable to look over the contracts carefully before signing anything.
4. Dealers may not report to the credit bureau
Buy here pay here dealership may not report your payment history to the Credit Bureaus. If you want to start rebuilding your credit, make sure to ask the dealership their policy on credit reporting.
5. Odd payments
Many of these dealerships require payment is made in person. It means you need to come to the car lots monthly or sometimes weekly and bi-weekly payments.
6. Installing vehicle tracking devices
Buy here pay here dealerships face a high risk in giving loans to people with poor or no credit. Thus, some dealers install a tracking device that will help them repossess the vehicle if there is any breach to the agreed terms.
Now that you know both the benefits and the disadvantages, you can pick your dealer wisely. Here are our top picks on buy here pay here Marietta GA car dealerships:
Atlanta Used Cars Marietta
1090 Industrial Park Dr
Marietta, GA 30062
Atlanta Used Cars Marietta has been in the business for 19 years. They offer a genuine and laid back shopping experience, which is very helpful when you need more time to look for the car you want. Or if you don’t like browsing in person, you can also do it online. Thanks to the company’s website, it is as easy as scrolling through your social media page. Search the brand you want, or view their inventory. Sort it from the lowest or highest price to find a suitable match within your range. Not only cars, but Atlanta Used Cars also offer SUVs, trucks, vans, and even hybrid cars.
Even though the company headquarter is located in Lilburn, the Marietta branch can assist you with what you need. They also offer a Trade-In, where you can bring your old car and leave with a new one. If this is what you are looking for, we recommend starting the process online. Fill out the “Sell or Trade-In your Vehicle” form and wait for them to contact you with their offer.
The same process applies to their financing option. First, you need to get online pre-approval for financing. Besides your contact info, you also need to provide employment info. This includes your gross monthly income and your employer data, such as their name and phone number. If you do not feel comfortable to be contacted through a phone call, you can also opt for them to reach you via text and email.
2. Team One Motorcars
1750 Enterpriseway Southeast suite 114
Marietta, GA 30067
Forget your ordinary-car list. With Team One Motorcars, you can get BMW, Ferrari, Porsche, and even Maserati. Yes, this one is one of the best luxurious car dealerships with buy here pay here Marietta GA has to offer. View the grand inventory online or show up at their showroom. A helpful and professional crew is ready to assist you.
Team One Motorcars promises the most flexible financing. Every deal is made according to the buyer, which is you. To make sure they are ready with the best offer, get yourself pre-approved for the financing online. Fill out the form and their financing expert will contact you to discuss the best deal you can agree on. Those who look to sell their cars can also apply for a quote online. Fill out the form with the necessary data and wait for them to evaluate.
3. National Auto Sales Inc
831 Cobb Pkwy N
Marietta, GA 30062
Among other dealerships, National Auto Sales Inc has been on the game the longest: almost three decades! But that is not even their best offer. With the “Drive Out For Less” option, you can pay 200-400 USD less of any down payment over 500 USD! Let’s say after calculation, you need to pay 1,000 USD of down payment. You get to pay just 600 USD now and the rest 400 USD later within a month.
Even with such a flexible down payment, National Auto Sales Inc still offers a low-interest rate. This is because they have a “4-Year Loans” policy, while others buy here pay here dealerships apply 5-7 years. With this, you are saving thousands of dollars. If you have the monthly budget, you can also apply for 3.5 years loan. It is shorter and you will be paying a lower amount of interest in total.
If you’re thinking there is a catch, think again. All vehicles they offer go through inspection. It is done by their own professional technicians at the service center. If that is not enough, let them assure you of the company’s warranty.
Notable buy here pay here Marietta GA dealerships
Among these top three dealerships, we also recommend Amigo Auto Sales which has been around for almost 20 years, S M L Auto Sales with its best expertise, and Marietta Auto Sales that is advertised as Atlanta car gurus. Georgia is not lacking great options when it comes to buy here pay here dealerships. All you have to do now is make your decision.
Besides Marietta, you can also find our best buy here pay here dealerships in Cartersville and Jonesboro. Keep in mind that each dealership has its own benefits and disadvantages, among the common ones we mentioned above. With many reviews available online, choosing the best for you is no longer a tough task. Since you are looking for the best, why not apply for financing to these three best dealerships and compare their offers? Don’t forget to read their contract thoroughly and understand their terms, especially what they will and can do when it comes to late payment. It is better to be safe than sorry!