It all boils down to whether or not you go to a good on the spot financing dealership, or a poor one. If you go to a good dealership like CarHop, you may experience all kinds of great life changing benefits like a chance to improve your credit, getting car financing when no one else will approve you, etc., benefits you may not otherwise receive if you shop at a low quality dealership. As long as you shop at a high quality dealership, you may experience other great perks in addition to the life changing benefits mentioned above. Here are a few you should keep an eye out for.

1. A Free Vehicle History Report (VHR) – Certain high quality on the spot financing dealerships may offer a free Vehicle History Report (VHR) with each purchase. A VHR contains the entire history of a vehicle and includes: title check for salvaged or rebuilt status, frame damage, lemons and flood report, odometer check, and the history of accidents and theft. A VHR is important because it helps you determine the health status of your car. One would think that a car buyer is entitled to this report, but many dealerships want you to pay for it, if they offer them all. But if you shop at the right dealership, you can get it for free with the purchase of your vehicle. CarHop is one example that gives you a free VHR.

2. A Warranty – With a warranty you can buy with confidence, and you don’t have to worry about your vehicle breaking down or ending up with a car that doesn’t work. Only a small number of on the spot financing dealerships care enough about their customers to offer warranties. They may be tough to come by in the on the spot financing industry.

3. A Money Back Guarantee - Certain dealerships offer a money back guarantee! Buying a car can be a difficult decision, so at certain dealerships you can feel secure when making that decision. If for any reason you feel you’ve made the wrong decision, you can come back to the dealership within 3 days and pick out another vehicle, or receive a full refund. With a money back guarantee, you won’t feel like you’re signing your life away.

Remember, these are the perks of shopping at good on the spot financing dealerships or "buy here, pay here" dealerships like CarHop. So if you have bad credit or no credit and are looking for vehicle financing, do your research and discover what dealerships offer the best benefits that meet your needs.