You’re looking for a new car and need some help. You could go to a traditional dealer and go through all the hassle of getting a loan. But let’s face it, who has the time? The buy here, pay here dealership makes it easy to find the right car for you – more hints. Before you begin browsing the lot, let us talk to buy here pay here about a crucial factor: the price of these cars.

Let’s first clear up a common misconception about BHPH. A dealership that is “buy here pay here” does not necessarily mean that the cars are going to be cheap. These cars may have a higher price than traditional dealerships. What’s the difference?

The price of a car at a traditional dealership is determined based on its make, model year, condition, and condition. The price of a car at a buy-here-pay-here dealership is determined by the dealer and the cost for financing. The cost of financing may also affect the price of your car.

What does this mean for you? This means you need to have a clear idea of your budget before you shop. When comparing prices, don’t forget about the cost of financing.

Let’s get to the bottom of the matter: the down payment. At a traditional dealership, you can pay a little or none. A down payment is required for a buy-here-pay-here dealership. Although the amount will vary, it is usually between 10-20% of total car cost.