Why People Go To a Buy Here Pay Here Dealer
If you have ever had the experience of shopping around for a decent secondhand car, you will almost surely have visited at least one buy here pay here dealer at some point. In fact, you may have been to several such dealerships, and if that is the case, you will no doubt have discovered just how frustrating and how disheartening it can be.
Countless secondhand car dealerships across the country make promises, which in the end, turn out to be totally misleading, if not a complete bunch of lies. Quite often, once you’ve seen a car that you like, the price suddenly changes, or you discover a bunch of hidden charges. In many cases, the warranty you get with it is also not even worth the paper it is written on.
Another huge frustration for many people is when they are led to believe that it won’t be a problem for them to get finance in order to buy a car. Many dealerships offer finance, or they offer to arrange finance for you, and then suddenly you have turned away because you have a less than perfect credit history.
If you have plenty of money to spare you can just pay cash for a secondhand car. If you don’t have the cash, but you do have a clean credit history, you can simply get a bank loan to pay for your car. However, if you have defaulted on credit repayments in the past, most lenders will almost certainly turn you away, and this is why people choose to buy their cars from a buy here pay here dealer.
What Exactly Is A Buy Here Pay Here Dealership?
A buy here pay here dealer is essentially a dealer that offers their own financing. Put simply, you choose the car you want; you and the dealer discuss the terms for repayments, and if both parties agree, you take ownership of the car and you make monthly repayments directly to the dealership. Naturally, a buy here pay here dealer also has to take your financial situation into consideration, or else they could end up with a customer who simply is not able to repay them, and no business likes to lose money.
Some buy here pay here dealerships will run vigorous credit checks, and if there are any bumpy patches in your credit history, they will turn you away just like any regular bank would turn you away. This is particularly true when it comes to smaller car dealerships. A big well-established buy here pay here dealer is in a better position, financially, to take bigger risks. Even with some of the very big dealerships, it can be almost impossible to get a loan if you have no credit history, or bad credit history, even if you are able to make a sizable down payment.
What Makes Carfect Different?
Carfect has been selling good quality second-hand cars ever since 1990. During this time, the company has built a rock solid reputation and one which can be easily verified online. The company also takes great pride in being a top-rated buy here pay here dealer capable of providing reliable secondhand transportation to people who are unfortunate enough to have low credit scores. Everything is done in order to make loan repayment terms as comfortable as possible their customers.
One of the biggest benefits of buying a car through a buy here pay here dealer is the fact that loans are done in-house. For people who unable to obtain financing via regular channels, a buy here pay here dealer is often their last chance for being able to buy a car. Carfect realizes this, and everything has been done to help people from all walks of life to own a good quality car of their own, regardless of whether or not they been through a few financial difficulties.
Unlike many other secondhand car dealerships, Carfect also stands behind their promise to provide reliable good quality vehicles by offering a guarantee with every car they sell.