The Advantages Of Buying And Financing A Used Car At West Valley Auto Plaza With Poor Credit

A car dealer who goes by the "buy here, pay here" model provides financing for a consumer who wants to buy a car. The dealer actually provides the financing, rather than merely arranging the financing through a lender. Thus, the car dealer is more of a lender whose lending is secured by the car. Financing charges for this sort of financing could run as high as 20 percent annually.

As part of the financial reforms initiated after the financial crisis, the federal government created the Consumer Financial Protection Bureau in 2010. Although there is an exemption for car dealers under the Brownback Amendment, the reach of this agency extends to the "buy here pay here" dealers. The CFPC has the scope to protect consumers from unfair lending practices and could go after the "buy here, pay here" dealers if there are indicators they are engaging in such practices. We abide by the rules and regulations the Federal Government has implemented.

At West Valley Auto Plaza, our success is based upon treating you fairly, in line with the federal government's focus on protecting your consumer interests. This video shows you the advantages we give you, when you are looking to buy a used car in Salt Lake city with bad credit, or less than perfect credit. Our advantages in selection, interest rates, and qualifying approvals make this the best place to shop for a used car or truck in Salt Lake City.

Use our "Quick Qualify" program to buy your next used car or truck. Come out to our dealership-3899 South Redwood Road, West Valley City. Visit us online at WestValleyAutoPlaza.com, or call us at 801-886-1700.

West Valley Auto Plaza’s goal is to get you back on your feet in a good reliable pre-owned vehicle that you can afford at a fair price regardless of your credit situation. This is what we’ve done for over 11 years now, and this is what we’ll do for you. Feel free to shop around and see what others have to offer. We know you’ll end up choosing us, because we are the best out there, and we won’t jerk you around!