We pride ourselves on saying “yes” when other financing companies say “no” and on treating our customers with honesty, dignity, and respect.
CarHop works exclusively with CarHop Finance, so the approval process is faster and easier than going through multiple banks or credit unions.
Getting approved for a used vehicle can be difficult if your credit history has challenges or you don’t have an established credit history. At CarHop of Twin Cities, we offer Buy Here Pay Here financing designed to give local shoppers another option beyond traditional bank or credit union financing. You can start the approval process online and get a better idea of your financing options before visiting a CarHop location.
CarHop provides in-house Buy Here Pay Here financing, which means your vehicle financing is handled directly through CarHop Finance rather than being sent to multiple outside lenders. This can make the process more straightforward for shoppers whose credit history may make traditional financing more difficult.
Our financing options are available for a range of credit situations, including drivers with bad credit, no credit, or limited credit history. Approval is based on your individual circumstances, including factors such as income, employment history, down payment, and the vehicle you’re considering. No lender can guarantee approval for every applicant, but our process is designed to give more shoppers an opportunity to finance a used vehicle.
Having the right information ready can help keep your approval process moving. Depending on your situation, you may need:
Trade-ins and co-buyers may also be accepted, depending on your individual financing situation.
You don’t have to wait until you visit a CarHop location to begin. Starting the approval process online lets you provide the information needed to evaluate your financing options before you come to the dealership.
Once you’ve started the process, you can browse available used vehicles and narrow your choices by price, body style, mileage, and other preferences. When you’re ready, visit a CarHop location to review your vehicle and financing options with our team.
Your down payment and individual approval details can affect the vehicles and financing options available to you. A larger down payment may reduce the amount you need to finance, while choosing a vehicle that fits comfortably within your budget can help keep your overall financing manageable.
CarHop offers payment schedules designed to work with different pay schedules, including biweekly and monthly payment options. Autopay is also available for added convenience. Your specific payment amount and terms will depend on your approved financing agreement.
A less-than-perfect credit history doesn’t necessarily mean you can’t finance a vehicle. CarHop works with shoppers who may have experienced credit challenges, including bad credit, limited credit history, or no established credit.
Your credit history is only one part of the overall financing process. Income, employment, down payment, and other factors can also be considered when determining your financing options.
CarHop reports payment activity to major credit bureaus. Making payments consistently and on time can help establish a positive payment history, although individual credit results vary, and CarHop does not guarantee a particular change in your credit score.
CarHop is not a credit-repair company. The potential credit benefit comes from establishing a record of reported payments over time.
After submitting your information, the CarHop team can work with you to review your financing options and identify vehicles that fit your situation. Approval timing can vary, but many customers complete the process and purchase a vehicle the same day.
Before signing, review your financing terms carefully, including your payment amount, down payment, and other terms of the agreement. Our team can answer questions about the vehicle and financing so you understand the terms before moving forward.
The process is designed to be straightforward:
1. Start Your Approval
Complete the online approval process and provide the requested information.
2. Review Your Options
Work with the CarHop team to understand your available financing options and find a vehicle that fits your needs and budget.
3. Choose Your Vehicle
Browse our selection of used cars, SUVs, trucks, and vans, and select a vehicle that works for you.
4. Review Your Financing Terms
Go over your down payment, payment amount, and financing agreement before completing your purchase.
5. Drive Away
Once everything is finalized, you can take your vehicle home and begin making payments according to your agreement.
CarHop of Twin Cities has locations serving drivers throughout the metro, including Blaine, Burnsville, Crystal, and Maplewood. Whether you’re shopping in Minneapolis, St. Paul, or surrounding Twin Cities communities, you can start the approval process online and then visit the CarHop location that’s most convenient for you.
Ready to see what financing options may be available? Start your Fast Approval online, then browse our used vehicles to find a vehicle that fits your needs and budget.
