Selling your car to a dealership is one of the fastest ways you can sell a car. 1. We downloaded the vehicle sales data for a given year and filtered the information to include the purchase date, customer name, vehicle registration number and net profit. This reduces the risk that the buy here pay here dealer has in financing a car to someone that has really bad credit.
For purchasers with bad credit, BHPH dealerships could be their only source. If you buy one used auto that works great, you are likely to go back to that same dealership to buy the next one. Some examples: a service customer who had a bad experience, a sales customer celebrating their yearly purchase anniversary, and your top twenty most loyal owners who spend a lot over a long period of time.
The dealer is actually doing you a service by simplifying the way you pay off your vehicle. Con: Buy here pay here dealerships charge elevated interest rates than a bank would for a car loan. I guess I was a little too trusting thinking every repair shop worked with the same goal in mind “take care of the customer and their vehicle”, and then I learned of the other kind of auto repair shop.
Finance is the last, best place for …