In the year 2020, a lot of traditional practices and procedures are becoming a thing of the past. When it comes to buying cars, trucks, and other vehicles, for example, the traditional procedure of using a big-name car dealership has become less of a go-to. Many reasons could explain this phenomenon, but one that's undoubtedly clear is that individuals today are not as financially secure as those in years past.
3 important facts about nj buy here pay here car lots:
1. We do what major financial institutions won’t: When it comes to auto loan financing, buy here pay here (BHPH) dealerships are in many ways different from major financial institutions. Whereas banks generally stay away from lending to those considered high risk, i.e. individuals with no credit history or poor credit history, a buy here pay here dealer will look beyond the past and instead provide a loan that's based on what an individual can afford in the present.
A major aspect of the BHPH model is customer trust. Individuals who purchase these kinds of car loans are usually those who've learned from financial hardship and are now looking for a do-over. Big banks tend to deny these individuals out of hand on auto loan applications, and if not these individuals are usually saddled with loans that have double-digit interest rates. But for New Jersey residents, NJ buy here pay here car lots are all about getting customers situated with the cars they've only dreamed of driving. Bad- and no-credit car loans are what we specialize in.
2. We have vast collections: If you've ever seen a traditional car dealership in person, you know that these businesses typically have massive lots for storing both new and used vehicles. One might think that a BHPH dealership, because it caters to such a specific group, would not have an expansive selection, but such is actually not the case. Car buyers who shop through buy here pay here dealers are not only afforded great financing options but able to browse through a wide selection of vehicles as well; in fact, some of these vehicles are pretty close to brand new. Even if you want an old-model luxury vehicle, something can probably be worked out.
3. More straightforward than traditional dealerships: The hassles and headaches associated with traditional car dealerships are cut out at NJ buy here pay here car lots. We do whatever we can to make the process seamless, straightforward, and customer specific. Individuals that purchase vehicles through buy here pay here dealerships are relieved when they’re thrown for a loop, something traditional car salespersons are apt to do.
Call us at (732) 7979958.