We hear stories from customers about past experiences with 'buy here pay here' dealers and we cringe. There are bad actors out there looking to take advantage of customers with bad credit and limited options. Lee Credit Now is different. The Lee Auto Group has been doing business in Maine since 1936, and we have a hard-earned reputation for fair deals and exceptional customer service. Our reputation is our most important asset, so we always stand behind what we sell. At Lee Credit Now, we'll get you payment terms you can afford, we thoroughly inspect every vehicle we sell and we offer a 24-month service contract that protects your investment and keeps you on the road.
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Putting information on finance and outcomes in context is more relevant than simply listing that information, he said. And students already have more interesting places to go for that context, he added, such as College Confidential, where they can see what students are saying about a college, or Niche, where they can view rankings and read deep write-ups, or U.S. News, where they can browse the most widely recognized rankings.
Only in American retailers’ wildest dreams could they sell more than $1 billion of merchandise an hour, yet that’s exactly what happened in China on Singles Day last year. China, which has long been the world’s most populous nation, surpassed the U.S. as the world’s biggest retail market in 2016. And that’s why even on Amazon’s best day—which to date is Prime Day 2018, when it reportedly needed 12 extra hours to sell a measly $100 million per hour—it doesn’t come close to ecommerce platform Alibaba and Singles Day.
But that’s not to say Singles Day is limited to China: Ecommerce company Lazada, which Alibaba bought in March, is preparing to host its first 11/11 event in six countries in Southeast Asia this year. And marketers outside China have already made moves to reach the 1.4 billion people who live there—Alibaba boasts that international brands including Adidas, L’Oréal, Mattel, Mondelez, Nike, P&G and Unilever participated in 2017.
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.