And, with all due respect to Amazon’s Jeff Bezos and Marc Lore, Walmart’s CEO of U.S. ecommerce, it has considerably more star power than any retail events Western consumers are familiar with: The festivities include a countdown-to-midnight gala in Shanghai’s 18,000-seat Mercedes-Benz Arena with celebrities like model Miranda Kerr, who is confirmed this year, and footballer Lionel Messi, who once kicked goals against a shampoo bottle on behalf of sponsor Procter & Gamble.
The AutoMax dealerships of Henderson and Youngsville, NC proudly serve customers from the surrounding cities of Raleigh, Durham, Chapel Hill, Butner, Creedmoor, Louisburg, Wake Forest, Rolesville, Zebulon, Nashville, and Warrenton, in Vance County, Wake County, Granville County, Franklin County, Durham County, Orange County, Nash County, Halifax County, Johnston County, and Warren County.
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.
Let us paint a picture for you. Imagine you are grocery shopping, and you have a number of items in your basket. You have completed your shopping, and you head up to the cashier to pay for your items. The cashier scans the groceries, pleasantries are exchanged, but then she tells you that you need to go to a store down the street to pay for the items. You are bewildered. You found the items here, so why can’t you pay for them here? Why do you have to go through a middleman in order to complete the transaction? With many other dealerships, banks need to be involved to work out the financing situation, and payments would then be made to the bank. At Carizma Motors, a buy here pay here dealership in Lubbock TX, that is not the case.
Not exactly. Lee Credit Express does provide auto financing through its own finance company. This allows us to finance customers who can't get an auto loan from a traditional lender because of bad credit, which is what a 'buy here pay here' dealer does. But that is where the similarities end. Customers don't have to make payments at our dealerships, they simply mail their payments to the finance company. And unlike most Maine 'buy here pay here' dealers, we have newer cars and service contracts that protect your investment. We consider it 'buy here pay here' done right.