New Buy Here Pay Here Car Lots Site At BuyHerePayHere-CarLots.com Is Now Live

(

, June 19, 2012 ) Ontario, CA -- The

Site site is now live at

. Online visitors on the site will be able to freely check out articles about buy here pay here car lots. Auto sales through buy here pay here car lots have been expanding rapidly in the last few years. The main reason is that these car lots and dealerships provide car shoppers a chance to own a car with very little

in downpayment and ongoing installment payments.

In recent years, many individuals have been affected by a poor economy. This has led to problems in their credit history. According to the FDIC, buy here pay here car loans is estimated to be worth around $80 billion a year, making it a substantial segment of used auto sales.

People with bad credit problems turn to these car dealers as a last resort. Usually, these consumers have been turned down through other avenues of auto financing. They may still need a car to get to work or find work.

often present the last ray of hope for consumers who desperately need a car.

According to the

site, buy here pay here car lots are able to extend loans to bad credit customers because they are experienced with charging high prices that compensate for their higher risks and making sure that their customers follow through with their payments.

Cars sold through these lots are typically old cars that have been driven for 70,000 to 100,000 and more. They are then reconditioned and sold to customers at higher than average prices. Alongside that, interest rates are high as well, since these are bad credit subprime car loans. The payments are cheap and affordable, though, being as low as $500 - $1000 for a downpayment, and $50 - $100 a week.

The goal of the

site is to educate consumers who are interested in purchasing from buy here pay here dealers. Much have been said about the ugly side of purchasing used cars in this manner. However, it could be a lifeline for someone who have little options left given their bad credit. Through securing a car loan this way, a purchaser can get to drive and take on jobs and make extra income that would help them re-establish themselves financially.

On the site, visitors can also find a full section of frequently asked questions about

. The articles are written in an easy-to-understand manner, so that visitors to the site can be fully educated about buy here pay here programs and make a good choice for themselves.

The Buy Here Pay Here Car Lots site presents various tips on the best way to purchase from buy here pay here dealers. By minimizing all the potential pitfalls, a consumer who is interested can be on his or her way to secure much needed car financing, avoiding headaches that may have plague others who are less informed about these transactions.

Interested parties can find more information at:

About BuyHerePayHere-CarLots.com:

The BuyHerePayHere-CarLots.com site is dedicated to providing news, information and listings of Buy Here Pay Here Car Lots. On this site, visitors can learn all about Buy Here Pay Here used cars. Even as these lots are able to provide bad credit car loans to many, there can be some challenges associated with these transactions. The site aims to educate consumers about the important factors to pay attention to, so that customers can be successful and satisfied with their car buying experience.

BuyHerePayHere-CarLots.com

Vincent Steele

(866) - 294 - 3200

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