Should I buy an extended warranty for my used car? 

Everyone who owns a car, truck or SUV fears an unexpected mechanical breakdown. Nobody needs the inconvenience of having a car in the shop nor the unexpected repair bill. New vehicles offer the protection of a factory warranty, but what about those of us who choose something pre-owned. If you’re wondering, ‘Should I buy an extended warranty for my used car,’ the financing experts at Third Coast Auto Group have some advice. Like anything else in life, there are pros and cons to buying an extended warranty. Our team wants you to have the best possible information before you make any decision regarding your financial or automotive future.   Read the rest of this entry >>

Should I worry about how many miles are on a used car? 

A person buying a used car, truck or SUV has to have a lot of knowledge going into a transaction. One of the most common stumbling blocks people encounter is getting too focused on how many miles are on an odometer. If any given vehicle is well-cared-for, the number on the odometer is largely irrelevant. Sure, there are some consumable items to pay attention to, like tires or filters, but a properly maintained vehicle that hasn’t been driven to hard will last a very long time and go on to serve multiple owners. The other issue we see some confusion with concerns buying an extended warranty for a pre-owned vehicle. There might be some peace of mind to be had, but the pitfalls generally outweigh the benefits. Take a look at these two videos our team came across if you have some outstanding questions that needed to be answered.   Read the rest of this entry >>

Definition of a Well-Qualified Buyer

If you’re looking to buy a vehicle, perusing pages and pages of loan and lease offers, you’ve likely come across the terms “competitive lessee” and “well-qualified buyer.” Many offers from OEM dealers are only applicable to such individuals.

Unfortunately, the designation is often left frustratingly vague. So what exactly does it mean to be a well-qualified lessee?

BHPH Loan Impact on Credit Score

If you have poor credit or no credit, it can be tough to secure financing for a vehicle. But the problem is, getting a vehicle is often essential to improve or maintain one’s financial situation. In these instances, Buy Here, Pay Here dealerships can help, as they will work with customers to find a financing solution that works. These dealerships are unique in that they’re willing to work with buyers of all credit levels.

However, customers often wonder if working with Buy Here, Pay Here financing will impact their credit score, whether positively or negatively. So, does Buy Here, Pay Here go on your credit?