Some dealers like to put as much profit on the front end of the car. This would work great if we could all get the prices we wanted for each car, each time, all the time, utopia. However, that outlook does not last long. These cars stay longer on the lot and cost more to pay off every day they sit. No dealership likes to refinance cold inventory after it’s been 30, 60, 90 days parked on the lot or in the showroom.
A dealership that can turn over 50-99% of their cars in stock a month is turning over there inventory looking for volume and quality. This dealer set a profit margin, abides buy it, reduces when needed, but always makes a profit. This smart dealer sells more cars and has happier returning customers.
Each car on the lot should have some sort of inspection. Either an auction post sale inspection, or if a trade in, a service manager should check out the vehicle. Dealerships that do this first save money on the long run. Experience fewer headaches too! Sell a good car, that has been checked out, car dealers can knowingly sell that car to customer truthfully with no major problems. Its’ a win-win for the seller and the buyer.
The right car for subprime auto customers with not so perfect credit does not have to be a exotic luxury coupe or sedan. This consumer knows their credit situation. Some may say it’s good, when we know it’s not so good. The buyer has been shopping around perhaps and is getting discouraged. The customer needs to find a way to buy a car, usually as soon as possible to get to work, school, or travel. In this time of search and need to be filled we guide this buyer towards a road of reality and fulfillment.
The BHPH customer car is reliable and affordable. The car requires no to little maintenance. Cost efficient in price ranges of $3,000 to $9,000. Popular makes are Honda, Nissan, Toyota, and Ford.
Buy Here Pay Here has come from the South (Florida) and the West (California)
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