What’s The Cheapest Used Car You Should Consider from a BHPH Dealership?

Let’s talk about something that everyone thinks but very few ask what does the “cheapest used car” mean when you are shopping at a Buy Here Pay Here car lot just like ours! Of course, we want you to be happy with your new (to you) vehicle. So here are some points to ponder as you make up your mind what vehicle is right for you. Read on to learn more!

 

What “Cheapest” Really Means

Cheapest means more than just the sticker price. Let’s take a broader view.

• Your down payment
• Your monthly payment
• Total cost over time (includes interest, insurance and maintenance)
• Reliability of the vehicle

At our dealership we do $500-$1500 deposit financing (on approved credit) so there is a starting point on how inexpensive a car is when you are doing HBPH financing.

What To Look For In A Cheap But Good Car

Here are a few points to keep in mind to make sure you get the most value for money.

• Low miles for the age of the car
• A simple model from a reliable brand. Older Hondas, Toyota and Fords, especially
• Good maintenance history
• Economical on fuel
• A car with minimal extras

 

What To Expect at a BHPH Dealership

• Easier approval. Even without credit or good credit, we will work with you
• Smaller down payment. A $500-$1500 down payment is very acceptable here. This puts you in the driver’s seat
• Flexible payments. At our dealership you can pay weekly or biweekly – so it is more in line with your paychecks. This is especially handy if monthly payments can be hard to come by
• Think forward! As you proceed with your purchase you may want to think if you can afford to keep a little back each month to save up for any maintenance the car needs in the future

 

What Kind of Cheapest Car Should You Think About from Inpower Motors5?

• Think compact cars and small sedans. A Toyota Corolla, Honda Civic. Very good transport and low cost to maintain and insure
• Mid 2000 era SUVs. If it is necessary, you need more space and can sacrifice higher fuel costs, it can still be a decent choice
• Probably should only purchase if you have a real need, not just a desire for it. They take more gas, cost more to maintain but it may be worth it depending on your circumstances

Make Your Dollar Go Further

• Bring cash for the down payment or more than the minimum if it can be afforded
• Test drive for the vehicle and inspect the car with someone who understands cars
• See if a vehicle report is available
• Make sure you understand all the costs, the fees, interest and the consequences of missing a payment
• Budget for maintenance, insurance, tax and fuel costs

 Bottom Line

 If you want the cheapest used car that still makes sense from a BHPH lot like In-Power Motors5, aim for something:

• with $500 to $1,500 down (On Approved Credit)
• that’s reliable, simple, and not overloaded with extras
• with predictable maintenance & insurance costs
• and fits your day-to-day needs

Those are the kind of deals we like to help folks get — affordable, dependable, and able to get you where you need to go without stressing about surprise expenses.

 

In Power Motors

Speaking of buy here pay here options, In Power Motors has been a leader in the used car business for over a decade. Located throughout Arizona’s valley, In Power Motors offers buy here pay here plans on approved credit. This means most individuals with bad or zero credit can take home their used car today with an in-house payment plan. With four locations, ranging from Phoenix to Tolleson, In Power Motors provides buyers with top-notch customer service and expertise. Pre-approval and online applications are available through In Power. These lots are filled with quality cars, trucks and SUVs. A first-time or longtime driver will be blown away with all that In Power has to offer.

Come check out some of the largest inventories in the state when looking for your next vehicle!

Used Cars In Phoenix

If you would like to find a used car dealership in Phoenix that knows how to take care of their customers, please visit InPowerMotors.com. We have a huge list of $500 – $1500 Down (O.A.C. – On Approved Credit) used cars for sale.[/vc_column_text][/vc_column][/vc_row]