Time and experience have proven most Memphis “Buy Here Pay Here” lots fail to live up to their hype. Although they position themselves as the only option for people with credit problems, DriveTime dealers present a compelling alternative. Those seeking a wide selection of used vehicles along with fair payment options need look no further than DriveTime. Learn why passing on “Buy Here Pay Here” dealers could save you considerable money and trouble.
One of the troubles with Memphis “Buy Here Pay Here” lots may be their low-quality vehicle selection. These establishments often choose poorly-maintained, high-mileage vehicles, then charge customers far more than market value. When the cars break down and the customer struggles to pay for repairs on top of car payments, the lot repossesses the vehicles and sells them to the next unsuspecting customer.
One of the most misleading claims of Memphis “Buy Here Pay Here” car lots is that they provide the most convenient and generous payment plans. Because their customers shop and pay for their vehicles in one place, they have no way of knowing whether they could have obtained better financing elsewhere. DriveTime has payment options and payment plans for all credit types, empowering customers to choose the financing plans that best fit into their budgets.
When seeking a used car in Memphis, avoid buying into the lie that “Buy Here Pay Here” dealers are your only option. The majority of these businesses will take your hard-earned cash, providing little in return. At DriveTime, we offer a distinguished selection of cars, SUVs, vans, and trucks, as well as a wide array of financing options for vehicles to meet your budget. Our in-house financing company reports all your payments to the credit bureaus.