In addition to selling a full line of used cars, trucks, motorcycles and ATVs, Lee Credit Now is also a 'Buy Here Pay Here' dealer. That means we are able to provide financing to customers with bad credit who can't get financing through traditional lenders. Customers buy the car from us and make regular payments, and that activity is reported to the credit bureau. To start, just apply online and our professional sales staff will do the rest.
The short answer? There is no difference. Many dealers use these three terms interchangeably. Unfortunately, this is the part that has created so many BHPH myths. Many dealers place these signs in their lot in hopes to attract customers with credit challenges with no intentions of ever offering a true BHPH experience. Instead, they exploit these interchangeable terms in hopes of getting a credit application and having a bank offer credit as opposed to offering the credit themselves. At this point, it’s possible to have sent your credit application to ten different lenders which pulled your credit ten different times. For those with bad credit, this rarely ever works and often puts customers in even worse situations. If you’ve had credit challenges and need a car, a true BHPH experience may be right for you, which is exactly what we offer here at AutoMax.
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But he said the two social-networking sites would continue to be important because of their different approaches; LinkedIn’s college marketing takes advantage of what the company can compile from members’ professional and academic data on the site, while Facebook aims to optimize the social component. “All three platforms are super-relevant,” said Paucek.
I gave Bing a chance because of the rewards. That was a year ago. I learned 2 important lessons over those 12 months: Bing's rewards are terrible, but Bing search results are worse. I am glad to be back to Google search. But I agree with the premise of this article: with so much data running through Google tools, individual privacy is at risk. Time to find a new browser and/or a new search engine.
The only difference here is the customer’s shopping experience. At a traditional dealership, the financial conversation is often the last part of your experience. After you've seen a few models, asked a host of car questions, and possibly test driven one, the dealer will help you explore payment options. At a BHPH dealership, the process is usually reversed. The dealer will ask you a series of questions, possibly run a credit report, and invest in understanding your credit history before showing you available cars. Finally, with your monthly payment range and down payment information factored, you will be shown cars that are right for you and your unique financial situation.
Lee Credit Express' selection of vehicles is extensive. Buy here pay here car lots have a reputation for selling older, higher-mileage vehicles. Lee is different. Because we stand behind every vehicle we sell, we finance newer cars so they are less prone to costly repairs. And we offer comprehensive service contracts that provide piece of mind for our customers.