"Spot delivery" is a technique where a Buy Here Pay Here dealer may let you drive the car off the lot before you're officially approved for financing, then calls back and demands more money or says you need to renegotiate the loan. To protect yourself, don't take the car until you are fully approved, and keep track of all your paperwork and everyone you speak with. Do not park the car at the dealer should you return, since the Buy Here Pay Here dealer could lock you in and repossess your car. Bring a witness with you for your buy here pay here dealings to serve as an advocate, and consult a lawyer if you suspect you're being scammed.
Protect yourself from a Buy Here Pay Here dealership scam by conducting thorough research on the vehicle you're considering by using a non-biased comparison site such as Kelley Blue Book, Edmunds or J.D. Power. Choose a buy here pay here dealer that is accredited by the Better Business Bureau and has strong customer testimonials to get you on the right track and on the road with a high-quality car.
Still, getting approved means you can finally purchase that car you’ve had your eye on and keep the vehicle as long as you make payments on time. Another benefit of purchasing from a Buy Here Pay Here dealer is they may be willing to take in your older car as a down payment for the purchase. Your Buy Here Pay Here financing options could be that much more affordable with a trade-in allowance.