In-House Financing Car Dealer in Austin, TX
In-house financing means the dealership finances the car you buy, so there is no bank in the middle. Used Car Dealers Austin sells and finances used cars, trucks, and SUVs from our lot on US Hwy 290 East, and we look at your job, your residence, and your down payment along with your credit. Start with our used cars in stock, then fill out the finance application.
How In-House Financing Works
With a bank or credit union loan, a lender you never meet decides whether you get approved, and the dealer waits on that answer. With in-house financing, we are the lender. We work with you directly, with no third-party lenders, and we set up your payment plan ourselves. It is the same setup many people call buy here pay here at our Austin lot.
- Apply online or at the lot. The finance application takes a few minutes.
- A used car advisor calls you back to go over your options and terms.
- Pick a car. Many listings show the down payment and monthly payment in the title.
- Bring your documents, sign, and drive home. You make your payments to us.
In-House Financing vs a Bank Loan
- Who approves you: with in-house financing, the dealership; with a bank loan, an outside lender.
- What matters most: with in-house financing, your income, residence, and down payment; with a bank loan, mostly your credit score.
- Where you pay: with in-house financing, the dealership; with a bank loan, the lender.
- Cosigner: we offer loans with no cosigner required.
Who We Finance
We work with first-time buyers, buyers with no credit history yet, and buyers with a low credit score. Self-employed buyers can qualify with bank statements and tax returns. Social Security and award-letter income can work too; call us for terms.
What to Bring
- Proof of residence, such as a lease and utility bills.
- Proof of income, such as recent check stubs, bank statements, and W-2s or tax returns. Self-employed buyers bring bank statements and tax returns or 1099s.
- A driver’s license. Texas licenses are standard; other states and countries are OK with a call for terms.
- Your down payment, in cash or by credit card, paid in person.
- Full-coverage insurance with the dealership listed as lienholder, which you can set up the same day.
The full checklist, including how many pay stubs and statements we need, is on our financing requirements page.
Down Payment and Monthly Payments
Your down payment and monthly payment depend on the car and on the documents you bring. The down payment shown on a listing assumes all finance requirements are met. Living outside the Austin area, or not having a lease or utility bills in your name, can mean a higher down payment. A used car advisor will tell you where you stand before you visit.
Questions to Ask Before You Sign
- What is the total price of the car, including taxes and fees?
- What is the down payment, the payment amount, and how often do I pay?
- How many payments are there, and what is the interest rate?
- What happens if a payment is late?
- Is an extended warranty available on this car, and what does it cover?
Ask us any of these. A clear answer up front is part of a fair deal.
Visit Our Lot on Hwy 290 East
Used Car Dealers Austin
6825 US Hwy 290 East #B, Austin, TX 78723
Phone: (512) 777-9180
Hours: Monday to Saturday, 11:00 am to 6:00 pm. Closed Sunday.
Call ahead and we can have the car you want ready for a test drive. Directions are on our Map and Hours page, or send us a message.
In-House Financing FAQ
Is in-house financing the same as buy here pay here?
Mostly, yes. Both mean the dealership finances the car instead of a bank, and you make your payments to the dealership.
Do I need a cosigner?
No. We offer loans with no cosigner required.
Can I get in-house financing with bad credit?
Often, yes. We look at your income, residence, and down payment, not only your score. The finance application is the fastest way to find out.
How fast can I drive home?
Bring every document on your first visit and you can often drive home the same day.
Do you take trade-ins?
Not right now. Plan your down payment in cash or on a card.