Houston Buy Here Pay Here Dealerships Secrets Exposed

FOR IMMEDIATE RELEASE
Houston, Texas, United States of America (Free-Press-Release.com) January 17, 2012 --

Looking to buy a car soon but have a few credit problems, or no credit? I am about to teach you a few things to look out for that will save you thousands of dollars and in some cases your car getting repossessed . Instead of asking for the car fax in which you still can later, ask "What will be the interest rate?" If it is a In House Finance Dealership or Buy Here Pay Here Dealer they will have a set standard interest rate that they give customers. These rates can range from zero percent to 24.99% the state Maximum. If a dealership charges you the state Maximum STOP and shop around at other dealers. This dealer is out to get you and setting you up for failure. And in some cases they know with the rate this high you will never be able to pay off the car. The car will not be worth what you will still owe. In simple terms, if you are financing the car for three years, about one year of your payments only paid the interest they charged you. So remember the economy is bad, but do you really deserved to be charged 24.99% because you have credit problems or repo's? The answer is No! There are plenty of good dealerships out there that would love to have your business so slow down and shop around. If you are in front of a computer look them up on the Better Business Bureau or better yet for more up to date information look at local reviews on Yahoo, or Google, you will be surprised at what you will find. You may read one or two fake reviews that are bad but if you search different sites you will see the real truth of that dealers reputation.

The second thing to look out for is dealers making you pay bi weekly car payments or every two weeks.There are a few months that there is more than 4 weeks in the month. Can you name them without looking at a calender? If you couldn't name them, your car could have been repossessed because you now missed a car payment and are behind. These dealers know you will miss that payment and are waiting on the opportunity to repo your car. Don't do Bi Weekly car payments, this is a big big mistake. Instead choose the monthly payment option. If you miss your car payment by a day or two at least you only have a late fee instead of a whole car payment then another payment coming up.I highly recommend any dealer who has the monthly car payment option.

The third thing to look out for which no one ever thinks about is your car insurance. I have worked in the car business for years and this is also a big problem for many customers. If you do not keep full coverage insurance on your car, the dealer has the right and trust me they will, repo your car. Insurance is part of the contract. The dealer has a security interest in your car. If you are not protecting your car with insurance the dealer has no choice but to pick it up before you have a car accident . You can be on time on your car payment but if you don't have insurance, one morning when you wake up your car will not be there.It will be repossessed. The dealer does not have to notify you. Also lets say you have full coverage insurance and one month you fall behind and it cancels. The Insurance company mails a letter or a post card and calls the dealer to let them know you did not pay your car insurance. If the dealer does repo your car because you did not have insurance they can ask you to pay off the full balance of the car before they give it back to you. Thats right they can make you pay the whole car balance in full. So think twice before you let your insurance cancel. A dealer knows if you fall behind on your car payment that you most likely also do not have insurance so the will look out for these things so they can repo your car.

Well folks I disclosed these things to help you make a good decision before you purchase a car. A good buyer is a educated buyer. To recap remember ask for the interest rate, ask about how the dealer charges your car payment, Keep full coverage insurance on your car, if your insurance cancels get insurance fast and let the dealer know you changed insurance companies. These three things will save you a big head ache and more money in your pocket. If you have credit problems and you need a car, I highly recommend Houstonezfinance.com on the site you will find only dealeships that accept people with bad credit, repo, or no credit. Take a look when you have a chance it is a directory of In House Finance and Buy Here Pay Here Car Dealerships.

More information can be found online at http://www.houstonezfinance.com/

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