Let’s get to the point. Buy Here Pay Here (BHPH) automobile lots might be a great deal or a bad deal. These five little-known tips can help you keep driving instead of strolling if you’re shopping at a BHPH dealer in Freedom Auto Sales Idaho.
1. The price on the sticker is often too high
Have you seen ancient cars with a lot of miles on them selling for prices that make your eyebrows do flips? That was on purpose. A lot of dealers include the cost of bad-credit financing in the pricing. You’re not just buying the car; you’re also paying extra for those “easy approvals.” For real, get your phone and look up the identical car on various listing sites. You can probably find it for thousands less. With proof, you have a major bargaining chip.
2. You really can negotiate such payments.
Most people believe that the payment terms are set in stone. That’s not true! Dealers want you to think you can’t change your mind, but you typically can. Tell them what you can afford and don’t change your mind. If they desire your business, they’ll find a method to make it work, like by lowering the down payment or extending the loan term.
3. It’s common to find hidden tracking devices
A number of Idaho BHPH dealers put GPS monitoring devices in every car, but you won’t see that on the sales tag. That means they can find your automobile and even turn it off from a distance if you’re a day late. Not against the law, but definitely sly. Just ask if the automobile is wired. Look out for awkward breaks.
4. Your payment history could not help your credit score.
This one hurts. Not all Idaho BHPH dealers tell credit bureaus about your on-time payments, but almost all of them will tell them about a missed payment. It’s like only keeping track of the score when you drop the ball. Ask if they report every payment on time before you sign anything. If you can, get it in writing.
5. Extra Costs Lurk All Over
There are expenses for paperwork, reconditioning, service contracts, and more. For the dealer, some of these are just money. If the contract appears like it might stop a bullet, it’s hiding something. Request a list of items. Look closely. It’s fine to cross out charges or ask for clarifications. You will have more gas later if you pay less today.
Put these tips in your head and walk into the next lot with confidence. A little planning ahead can save you a lot of money in Idaho. Do you have a story about how you survived your own dealership? Leave a comment below and tell us your story.
Leave a Reply