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The Other Perks of On the Spot Financing

Written By Finance on Sunday, November 20, 2011 | 12:37 PM

It all boils down to whether or not you go to a good on the spot financing dealership, or a poor one. If you go to a good dealership, you may experience some life changing benefits like a chance to improve your credit, getting car financing when no one else will approve you, etc., benefits you may not otherwise receive if you shop at a low quality dealership. As long as you shop at a high quality dealership, you may experience other great perks in addition to the life changing benefits mentioned above. Here are a few you should keep an eye out for.

1. A Free Vehicle History Report (VHR) - Certain high quality on the spot financing dealerships may offer a free Vehicle History Report (VHR) with each purchase. A VHR contains the entire history of a vehicle and includes: what kind of mechanic work it has had, title check for salvaged or rebuilt status, frame damage, lemons and flood report, odometer check, and the history of accidents and theft. A VHR is important because it helps you determine the health status of your car. One would think that a car buyer is entitled to this report, but many dealerships want you to pay for it, if they offer them at all. But if you shop at the right dealership, you can get it for free with the purchase of your vehicle.

2. A Warranty - With a warranty you can buy with confidence, and you don't have to worry about your vehicle breaking down or ending up with a car that doesn't work. Only a small number of on the spot financing dealerships care enough about their customers to offer warranties. They may be tough to come by in the on the spot financing industry.

3. A Money Back Guarantee - Certain dealerships offer a money back guarantee! Buying a car can be a difficult decision, so at certain dealerships you can feel secure when making that decision. If for any reason you feel you've made the wrong decision, you can come back to the dealership within 3 days and pick out another vehicle, or receive a full refund. With a money back guarantee, you won't feel like you're signing your life away.

Remember, these are the perks of shopping at good on the spot financing dealerships, sometimes called "buy here, pay here" dealerships. So, if you have bad credit or not credit and are looking for vehicle financing, do your research and discover what dealerships can offer the best benefits that meet your needs.

CarHop has store locations in twelve states across the U.S. and specializes in helping car buyers with poor or no credit get approved for financing to get them driving again fast. Every CarHop vehicle includes an 18-month, 18,000 mile limited warranty at no extra charge. CarHop is now in its 15th year of pursuing its mission of "Helping People Drive®." For more information, please visit http://www.carhop.com.

By Andrew Falcon

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