Buy Program™

Westlake’s Buy Program™ is broken down into five tiers, and all five programs are seamlessly integrated with DealerCenter®. When the dealership starts a new deal, the Buy Program automatically evaluates the structure and gives you a side by side comparison of the programs, letting the dealer choose which option works best for them, as well as for the customer.

The dealer controls the car price, loan term, and down payment. As long as the approval field says “Yes” to the deal structure, and “Yes” to the amount financed, the deal is approved. After customer verification, the deal is funded. Since each deal is custom-tailored for each customer, the program guidelines below are just that: a guideline. Two customers with identical credit may go to two different programs based on which vehicle they choose, how much down payment they have, or which program the dealer thinks would work best, among other factors.

Platinum program (for near-prime credit)
Low APRs, credit-score driven, min. income $1500/month, no open derogs,
1 Repo is OK, Min. 3 years on bureau, participation 70/30 paid up front.

Preferred program (for blemished, but established credit)
At least 10% down, no open derogs, no min. income, min. 2 years on bureau or
homeowner, BK is OK, no min. credit score, sealing rates.

Standard program (our most flexible program)
non FICO-driven, no min. income, no min. job time, no max. mileage, all income types.

ProfitBuilder® (for BHPH-type deals)
Non-pooled, payment-sharing, immediate participation, GPS units, dealer chooses
interest rate, dealer underwrites own deal.

Partner Program (enhanced control for BHPH-type deals)
Non-pooled, immediate participation, GPS units, more money up front, in event of repo,
dealer has the ability to recover the vehicle and resell if applicable.