Frequently Asked Questions

RAR Auto Sales - Buy Here Pay Here Financing FAQ

Welcome to RAR Auto Sales! We understand that buying a car can be stressful, especially when it comes to financing. To make it easier, we’ve created this FAQ page to answer your questions about our Buy Here Pay Here financing program. If you have more questions, please feel free to contact us directly.

1. What is Buy Here Pay Here financing?

Buy Here Pay Here (BHPH) financing is an option for customers to finance a vehicle directly through RAR Auto Sales' In House Lender rather than through a traditional bank or third-party lender. It’s a convenient solution for customers with less-than-perfect credit or those looking for a faster approval process.

2. What are the qualifications for in-house financing with RAR Auto Sales?

To qualify for our in-house financing program, you’ll need to provide the following:

• Proof of Income: At least 6 months of steady work history to verify income.
• Proof of Address: A recent utility bill, cell phone bill, or another official document showing your Arizona address.
• Arizona ID/ Passport: A valid Arizona driver’s license or ID card.
• Vehicle Down Payment: A down payment is required, varying by vehicle.
• Full Coverage Insurance: You must have full coverage insurance that includes both Comprehensive and Collision Coverage for the vehicle being financed.

3. What types of income are accepted as Proof of Income?

We accept various forms of income, including traditional employment income, self-employment. Please provide pay stubs, bank statements, or official award letters as applicable.

4. How much is the down payment?

Down payments vary depending on the vehicle and financing terms. Contact us to discuss options for down payments on specific vehicles.

5. Do I need good credit to qualify for Buy Here Pay Here financing?

No, you don’t need perfect credit to qualify for our in-house financing. We work with customers of all credit backgrounds to provide financing solutions based on income and ability to pay.

6. How does RAR Auto Sales determine monthly payments?

Monthly payments are determined based on the vehicle’s price, your down payment, and your income level to ensure affordable payments. Our team will work with you to create a payment plan that fits your budget.

7. How often do payments need to be made?

Typically, payments are made on a monthly basis. We’ll work with you to set up a payment schedule that aligns with your income.

8. Can I trade in my current vehicle as part of the down payment?

Yes! RAR Auto Sales accepts trade-ins, which can be applied toward your down payment. Bring in your current vehicle for a trade-in evaluation, and we’ll discuss how it can help with your financing needs.

9. What if I miss a payment?

If you’re having difficulty making a payment, please contact us as soon as possible. We understand that unexpected situations happen and will work with you to find a solution.

10. How do I get started with the Buy Here Pay Here process?

To get started, stop by RAR Auto Sales with the required documents, or contact us to discuss financing options. Our team will guide you through the process, answer any questions, and help you get into a vehicle that suits your needs!