Lighthouse Auto Jefferson Avenue

10/11/2026

10/11/2026

Is saving $57.34 a month but paying $11,237.94 more worth it? 🤔 maybe

⭐️Buy Here Pay Here at Lighthouse Auto
Interest Rate: 22.99% simple interest
Loan Length: 30 Months
Trade Back: Anytime, $1000 bonus at 1 year
Warranty: Free 5 month / 5000 mile
Gap Insurance: Not needed
Down Payment: Averages $1500 Down
Weekly Payment: Averages $115
Reports to credit: No

⭐️Finance Companies ( credit scores under 660 )
Interest Rate: Range 21.99% to 28.99%
Loan Length: 60 to 84 months
Trade Back: Not an option, upside down
Warranty: Expensive add on, average 24 months
Gap Insurance: Expensive add on
Down Payment: On average cheaper
Monthly payment: On average cheaper
Reports to credit: Yes

🤔 Consider this when comparing 🤔
Interest rates are close but 30 months vs 60 months plus is what hurts
Being able to trade back is huge as compared to being upside down the majority of the loan.
24,000 mile warranty only realistically lasts most people 9 to 12 months and costs on average $1800.
Gap insurance is great but costs $1200 on average and not needed at Lighthouse because we settle your loan paid for the insurance proceeds.
Down Payments are a little higher but we give you 30 Days to pay them before payments start.
Monthly payment, it has to fit your budget or all the other things don’t matter!
BHPH doesn’t report to your credit but do you really want your credit anchored to a 66 month loan when the warranty runs out in 24k miles. Sometimes it’s nice when your situation changes to just return the car without fear it kills your credit.

There is no right or wrong way but the differences can matter. It’s always worth reading the fine print before you sign. Buyers remorse is a real thing and 5 to 7 years is a long time to regret an impulse decision.

10/07/2026

Thank you Tristina and Andrew for buying from Lighthouse Auto again. We hope you enjoy your Chevrolet Camaro!!!

10/06/2026

Great way to start off the week with 3 brand new customers. We appreciate each of you so much, trust you will have a great experience here and be back many more times! Thank you!