The film, Repo Man, is a cult classic. Otto, a young punk rocker played by Emilio Estevez becomes a repo man. He’s resistant to this at first, but then finds himself addicted to this adrenaline-fueled job. If you don’t pay your loan back, then lenders have the legal right to repossess cars. But it’s not as quirky and outer worldly as the movie may have led you to believe.
Fact: In most states, repossession is legal after your first default.
Fiction: Buy Here Pay Here Car Dealerships want to repossess your car. In fact, at Finn’s Discount Auto, we want you to make your payments on time, so you build a solid credit history and save on interest. We also want you to return with friends and family to buy more cars. We do NOT want you to miss [...]
Tax returns are arriving, and while you have a nut, it’s a great idea to put it towards a large purchase, like buying a car. At Finn’s Discount Auto, we have a wide range of great cars right now. Before coming in, make sure you’ve done your homework on purchasing a car so that you have a good experience and get the car that’s right for you.
Know What You Want
Are you going to drive for Uber? Then you’ll need a backseat. Do you have a large, or growing family? Then maybe a Mini-Van is your best option. Do you plan on using for hauling. Pick-Up truck is the obvious answer. Take time to evaluate your needs, now and in the future. Aim for a vehicle between those two places. You can also research car prices by checking Kelly Blue Book, Edmunds, and NADA Guides.
It you have a poor credit score- below 550, or haven’t established credit, the best way to get a new set of car keys is through a Buy Here Pay Here used car dealership. The benefits of this are that the dealer is the financier, so it’s one stop shopping. Also, if you make your payments on time, you will improve your credit score, of if you don’t have one yet, you’ll establish a solid credit score. This will help with securing loans for purchasing a home, financing a new business, or upgrading to a new car.
At Finn’s Discount Auto, we have advice for people financing through Buy Here Pay Here for the first time.
First, know what car is best suited for you and your family’s needs. How large of a car do you need? Do you drive a lot or a little? Is [...]