PRLog - Feb. 2, 2014 - http://www.BuyHereCar.com has announced that their site is ready for service. It offers a user friendly way to buy a used car. According to the site, the clear application is meant to help customers who can't afford high car payments, don't have enough money saved for a down payment, have been through a bankruptcy, have bad credit scores, or have had a repossession in the past.
http://www.BuyHereCar.com can claim all this because they work with a network of buy here pay here dealerships to approve car buyers for financing. Under buy here pay here financing, the car buyers are not asked for their credit score. Instead, the dealerships review the financial conditions of the customers including how much they make, how long have they been working for, and do they have a stable residential place. The dealerships aim to finance the car buyer directly without a third party bank getting involved with the sale. This helps the car buyers get fast approvals. No banks to deny financing means that the car dealers can put their own criteria for approving customers. And since the dealerships aim to make the most car sales possible, they tend to make the approvals easier on people. Also, noteworthy, since the banks are not involved with the car sale, the dealerships do not have to set a part of the car price to pay back the banks fees for using their services. This can be passed down to the customer with a possible lower overall car price.
Some dealerships have seasonal incentives such as zero down payments or low monthly payments. Some dealerships look for certain acceptable income sources or income levels . Some other dealerships accept a certain number of past repossessions within a certain time frame. The online application is meant to filter all these requirements and give you the best matching dealership that can guarantee your pre-approval status. So once the customers submit information regarding their financial situation, Buyherecar.com can approve them the same day. The customers are contacted by the dealership(s) that approved their applications with driving directions and appointment time if needed. The customers then head to that dealership knowing that they are already pre-approved, removing the uncertainty out of the buying experience.
One has to point out that the other traditional way of financing is not guaranteed because the customer first searches for the car, tests the car, and then might get denied; that is a waste of time. But through http://www.buyherecar.com/ , the applicants get approved for appropriate loan amounts and based on that amount they can choose any given car. So the customers are given dealerships that pre-approve them and then look for the desired cars from these dealerships. This way, the customers only use their time to inspect and test drive cars that they are already pre-approved for. The website also has FAQ section to help learn more about buy here pay here financing and how it helps customers be car owners again.
For more information, feel free to check out the site yourself at http://www.buyherecar.com/ .
Read Full Story - Buy Here Pay Here Car Lots Locations | More news from this source
Press release distribution by PRLog
Buy Here Pay Here Car Lots Locations
February 02, 2014 at 19:27 PM EST
