Buy Here Pay Later Cars -
Dealers often charge much more than the car is worth. You might find yourself "upside down" (owing more than the car's value) the moment you drive off the lot.
“The absolute shittiest part is not only was he proud of it. He also claimed he was helping people get into cars. Like you can't just admit to being a POS and think you're doing the right thing.” Reddit · r/UsedCars · 2 years ago buy here pay later cars
Only as a . If you can wait, a better strategy is to save for a larger down payment or seek a co-signer to qualify for a traditional loan at a bank or credit union. If you must use a BHPH lot, verify that they report your payments to credit bureaus so you can eventually graduate to better financing options. Pros & Cons of Buy-Here, Pay-Here Car Dealerships Dealers often charge much more than the car is worth