Whats the best Buy Here Pay Here to go to in Charlotte?
In need of a car and looking to get into one next week. Ill have 1,000 down and i have a full time job. Im just trying to see if anyone can point me in the right direction
- Anonymous5 months agoFavorite Answer
There is no good buy here pay here. They are all bad. They should all be avoided if possible.
You need to understand you greatly overpay and pay a high rate. (Not just a high rate, thousands too much for the car too)
It would not be uncommon for them to pay $6000 for a car, charge you $13,000+ 21-29% interest. And you could have gotten a similar car for $7500 from a private party. Approx $390 a month for 5 years=$23,400+ the $1000 you put down= $24,400.
Save up & buy a clunker for cash from a private party.