Are you tempted to turn to one of the several Memphis “Buy Here Pay Here” lots for your next automobile purchase? Beware of the tricks they use to deceive customers into paying more than they should for a vehicle they may have not even inspected. These days, many savvy shoppers are choosing DriveTime to help them find and finance their next vehicle, benefiting from a large inventory, more payment options, and better customer service in the process.
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.
Memphis “Buy Here Pay Here” car lots advertise themselves as “one stop shops,” allowing individuals to select and pay for their vehicle all in one place. However, this method limits the ability of the consumer to pay when travelling or other than at the dealership. With several payment options, DriveTime allows its customers to pay from wherever they are.
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.