Buying a Car From a Buy Here Pay Here Dealership

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Car dealers order their inventory according to what they’ve seen in the marketplace, customer feedback, and OEM orders. Occasionally, the inventory doesn’t meet demand, and the dealer might try to make up the difference by selling a different car. If this happens, you’ll need to stick to your original car or look for another dealer.

These Are Often Popular With Car Collectors Or Car Aficionados

Some car lots specialize in a particular brand or type of vehicle. These are often popular with car collectors or car aficionados. They also accept private-owner consignments and can finance a purchase. However, specialty used car lots may be more expensive than traditional used car lots. For example, you may find German dealerships, which focus mostly on Audi, Mercedes, and BMW models.

The downside of buying a car from a buy here pay here lot is that the interest rates are generally high. Although you can negotiate with the car lot to get a lower interest rate, it is still possible to end up with a car that’s significantly more expensive than you initially thought. Also, some car lots do not run credit checks, so they’re not likely to report on-time payments to credit bureaus.

If you’re looking to buy a new car, don’t overlook the warranty. Most buy here pay here dealers do not provide warranties, but they must inform buyers that they’re selling the car “as is.” State laws can help you hold the dealership responsible if the car is of poor quality.

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