What does EZ AUTO's warranty cover?

EZ AUTO's 12-month / 12,000-mile powertrain warranty covers the engine, transmission, and drivetrain components. Every vehicle we sell comes with this warranty included at no extra cost.

How long is EZ AUTO's warranty?

EZ AUTO provides a 12-month or 12,000-mile powertrain warranty on every vehicle, whichever comes first.

Does EZ AUTO charge for the warranty?

No. The 12-month / 12,000-mile warranty is included with every vehicle purchase at no additional cost — no upsell, no fine print.

Why are Buy Here Pay Here interest rates higher?

BHPH dealerships take on higher risk by lending to customers banks won't approve. Higher interest rates compensate for that risk. However, the true cost of BHPH financing has to be weighed against the benefit of access to a vehicle and the ability to rebuild credit.

BHPH vs. Traditional Financing: Which Is Right for You?

When you need a car, you generally have two financing options: go to a bank or credit union, or go to a Buy Here Pay Here dealership. On the surface, they seem similar — you get a car and make payments. But the way each works, who each is designed for, and the long-term financial impact are very different.

Let's break it down honestly.

What Is Traditional Financing?

With traditional financing, you apply for an auto loan through a bank, credit union, or a dealership that works with third-party lenders. The lender reviews your credit score, debt-to-income ratio, and credit history before deciding whether to approve you and at what interest rate.

Who it's designed for: People with credit scores of 620 or higher, stable income, and a clean credit history.

What Is Buy Here Pay Here (BHPH)?

With BHPH financing, the dealership is the lender. There's no bank involved. You apply, get approved, pick a car, and make payments directly to the dealership. Approval is based primarily on your current income — not your credit score.

Who it's designed for: People with bad credit, no credit, a recent repossession, or anyone a bank has turned down.

Side-by-Side Comparison

Factor	Traditional (Bank)	EZ AUTO BHPH
Credit requirement	620+ preferred	No minimum ✓
Hard credit pull	Yes	No ✓
Approval speed	Days to weeks	~10 minutes ✓
Interest rates	Lower (if approved)	Higher (reflects risk)
Vehicle warranty	Rarely included	12 months / 12K mi ✓
Credit bureau reporting	Yes	Yes — all 3 ✓
Same-day driving	Rarely	Usually yes ✓

The Real Cost of Each Option

The real cost of traditional financing (when you can't get approved)

If your credit score is below 600, a bank likely won't approve you — or will offer you a rate so high it rivals BHPH anyway. Meanwhile, without a car, you can't get to work reliably, and your credit situation doesn't improve. The "cheaper" option isn't cheap if it's not actually available to you.

The real cost of BHPH

Yes — interest rates at BHPH dealerships are higher than banks. That's the honest truth. You're paying for access to financing when traditional lenders won't help you, and you're paying for the risk the dealership takes on.

But the calculation looks different when you factor in:

You get reliable transportation today
You don't need good credit to start
Every on-time payment builds your credit score
After 24 months, you may qualify to refinance at a lower rate
At EZ AUTO, every vehicle has a 12-month warranty — reducing unexpected repair costs

💡 Think of BHPH as a credit rehabilitation program with a car included. The goal isn't to stay in BHPH forever — it's to use this loan to rebuild your credit so you can access better rates next time.

When Traditional Financing Makes More Sense

Your credit score is 660 or higher
You have a long, stable credit history
You're not in a rush and can wait for approval
You qualify for 0% or low-rate promotional financing

When BHPH Makes More Sense

Your credit score is below 600 (or you have no credit)
You've had a repossession, bankruptcy, or major derogatory marks
Banks have already turned you down
You need a car quickly — same day if possible
You want to rebuild credit while making car payments

Can You Transition from BHPH to Traditional Financing?

Yes — and this is often the smartest move. After 12–24 months of on-time BHPH payments with a bureau-reporting dealer like EZ AUTO, many customers see their credit score improve by 50–100+ points. At that point, they can refinance their remaining balance at a bank or credit union at a lower rate.

This is actually how EZ AUTO approaches it: we're not just selling you a car — we're helping you build the credit history that opens doors for the next decade.

FAQ

Is Buy Here Pay Here better than a bank loan?

It depends on your credit. If you have good credit (660+), a bank loan offers lower rates. If you have bad credit or no credit, BHPH is often the only realistic option — and can help rebuild your credit at the same time.

Why are BHPH interest rates higher?

BHPH dealerships take on higher risk by lending to customers banks won't approve. Higher rates compensate for that risk. The benefit is access to a vehicle and credit rebuilding when no other option exists.

Can I switch from BHPH to traditional financing?

Yes. After 12–24 months of on-time BHPH payments, many customers improve their score enough to refinance at a bank at a lower rate. EZ AUTO's bureau reporting is designed to enable this transition.

Does BHPH require a down payment?

Yes. The amount varies by vehicle and situation. At EZ AUTO, we structure the down payment to be as low as possible while keeping your monthly payment manageable.

Bad Credit? No Credit? We Can Help.

Income-based approval. No hard credit pull. Get your decision in about 10 minutes.

Apply Online Now →