Getting a Good Deal at a Buy Here Pay Here Dealership
Is it possible to get a good deal at a dealership that has in house financing?
Hardly.
The reason generally is that these types of places don’t have any kind of regulations or any overseeing authority that determines how much finance value a car has. They make their own values up and throw the NADA book out the window.
They charge as much for a car as they want to and the finance charges are usually really high in comparison to regular car loans.
Even when people have bad credit, it’s not neccessary for them to have to pay the high interest rates that buy here pay here car dealers charge.
It’s crazy.