Look out for "dealer fees" or high-cost add-on warranties that inflate the price. đź’ˇ Pro Tips for Orlando Buyers
Crucial for Orlando’s spread-out geography and limited 24/7 public transit. ⚠️ The Risks and Reality
In a typical car-buying scenario, you pick a car and the dealer finds a third-party lender (like Chase or Wells Fargo). In a BHPH model, the dealer lends you their own money. The dealer is your "bank."
Look up the dealer on the Better Business Bureau (BBB) and read Google reviews.
Never buy a car without having a mechanic (not the dealer's) look at it.
Cars are often older, high-mileage vehicles bought at auctions.
Because the dealer is taking a high risk on the loan, the costs to the consumer are significantly higher.