Buy here pay here dealerships in Miami fl are designed for those people who do not qualify to get a car loan from a bank. The mainstays are used car sales and the in-house finance for customers who have less-than perfect credit. This business model allows customers to pay in full at the dealership, instead of going through third parties – go here!
Some dealerships offer buy here, pay here to those with bad or no credit. Customers with less than perfect credit may find that car lots offering in-house financing are more flexible. The opportunity for people who’ve fallen on tough times to rebuild their credit is a great way to start over.
There are several drawbacks of the buy-here-pay model. The prices of older, less-than-perfect models are higher at these lots than they are at conventional car lots. Buy here pay now finance rates can also be high. These factors may increase the cost of the car.
Before purchasing a used vehicle at a “buy here, pay here” lot, you should research its past. It will help you get an idea of how the vehicle has been treated in its past and what it is like now. Carfax can provide a detailed report about the history of a vehicle.