Saturday 25 April 2015

Top 7 good reasons Buy Here Pay Here not only for the credit impaired

http://www.drive1again.com/buy-here-pay-here-not-only-for-credit-impaired/
Top 7 good reasons Buy Here Pay Here not only for the credit impaired
Top 7 good reasons Buy Here Pay Here not only for the credit impaired
Reason # 1: Most Buy Here Pay Here car lots do not report their customer's payment activities to the major credit report bureaus . This can be helpful for those who are desirous of keeping their credit affairs private from any other third party who may be interested in their credit affairs.
Reason # 2: Buy Here Pay Here car dealers usually work with you with your vehicle services . BHPH on-site service centers have very fair service rates and many will even add your service charges to your installment agreement. This financial help allows you to avoid the impact of unforeseen and sudden hits to your available resources.
Reason # 3: Most Buy Here Pay Here car lots hold your note until maturity. Expensive repairs (in the buy here pay here world) equate to added risk of timely car payments.
Reason # 4: Buy Here Pay Here dealerships may check your credit. These dealers do not have the capacity to distinguish varying credit scores in relation to credit risk. The real reason most Buy Here Pay Here dealers are interested in your credit report is to insure that you are not just passing through their town, enroute to the next destination.
Reason # 5: Often as long as you have a job and a down payment, you can be driving away in a new, used vehicle in under an hour. At Buy Here Pay Here car dealerships the actual transaction of qualifying and buying a vehicle for financing all boils down to one on-site person's discretion, like the owner or a sales manager. The paperwork takes about 30 minutes to complete once you get the nod.
Reason # 6: If your income is not derived from conventional sources (W-2 income, government programs, retirement plans, etc.), then the Buy Here Pay Here dealer can make your buying experience far less cumbersome. A sizable deposit (in proportion to the sales price) can qualify you for a BHPH in-house finance program. A few bank statements that show periodic and consistent deposits will also suffice in place of a paycheck stub or benefits statement if you don't have a large down payment.


Reason # 4: Buy Here Pay Here dealerships may investigate your credit score. The real reason most Buy Here Pay Here dealers are interested in your credit report is to insure that you are not just passing through their town, enroute to the next destination. At Buy Here Pay Here car dealerships the actual transaction of qualifying and buying a vehicle for financing all boils down to one on-site person's discretion, like the owner or a sales manager. Reason # 6: If your income is not derived from conventional sources (W-2 income, government programs, pension plans, etc.), then the Buy Here Pay Here dealer can make your buying experience far less cumbersome.

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