Please give my readers a history of Southside Motors. How long has your car dealership
been in business?
Guy: Mike and I opened Southside Motors in February of 2008. We felt the community would be best served by a new and independent Rent to Own dealership.
Does your dealership primarily sell domestic or foreign used cars? Or would you say it’s
a mix of both?
Guy: We definitely carry a mixed inventory of domestic and foreign used cars, minivans, SUVs, and crossovers available to Rent to Own or for sale.
If a person has just declared bankruptcy and they want to buy a vehicle, what do you
suggest they do?
Mike: Depending on how serious the situation is, a person might want to consider a dealership that offers Rent to Own, which doesn’t require a credit check and isn’t affected by things like prior repossessions, bankruptcies, or a poor employment history.
What’s the difference between RTO(Rent To Own) and BHPH?
Mike: BHPH dealerships have discretion in their lending practices, but they still have many of the same restrictions that any other lender would have, limiting the types of customers that they’re able to serve. Southside Motors’ Rent to Own (RTO) program, on the other hand, isn’t a loan. It’s a long-term lease with no credit check, manageable payments, and no cancellation penalties.
Should a consumer run their own credit report before they purchase a used car?
Mike: The Rent to Own program involves no credit check, so our customers don’t need to worry about that. However, a person should check his or her credit report periodically, regardless of whether making a large purchase like buying a car, just to make sure that all of the information is accurate. In fact, the federal government mandated several years ago that each of the three credit bureaus has to provide one annually for free.
Should a consumer bring any documentation with them before they walk into the car dealership?
Guy: Don’t forget your driver’s license, of course, and if you’ve got insurance already, bring the card along. Over 30 different insurance companies are acceptable under the RTO program. However, if you need to get insurance, we can help. The program also requires a list of references, which protects both us and the customer.
If you’re divorced and as a result of that divorce have bad credit, what tips would you offer the consumer on how to obtain a loan?
Again, we would recommend that someone in circumstances like that consider a Rent to Own dealership to avoid the need for a credit check.
What are some common buy here pay here misconceptions the public should be aware of?
Mike: Not being a BHPH dealership, we can’t really comment on misconceptions of that aspect of the industry. However, if you’ll let us address concerns people may have about Rent to Own… Our RTO agreements are underwritten by a nationally-recognized company, who holds us to a high standard of accountability. In addition, we’re subject to the same PennDOT licensure, certification, and training requirements as any other dealership and its staff, so customers remain thoroughly protected.
This is our thirtieth interview in our “1000 Interview Challenge” If your interested in an interview, please contact me.
This interview was conducted by Shane McC. Shane currently is attending RISD studying computer programming. He enjoys traveling and plays hockey. He played for the Boston Junior Bruins of the EJHL during the 01-02 season. You can follow him on Google+
Please give my readers a history of Autoplexx. How long has your car dealership been in business?
Autoplexx opened it’s doors in January of 2010. We are a family owned business with a lot of options from BHPH, in house financing, outside financing and we also have cash deals.
Does your dealership primarily sell domestic or foreign used cars? Or would you say it’s a mix of both?
We sell a wide variety of pre-owned vehicles. We sell everything from domestic to foreign. For example, we usually have in stock, Chrysler, Ford, Chevrolet, Dodge, and Jeep to Kia, Honda, Nissan, Toyota and Volkswagen. If you’re looking for a specific vehicle that we don’t have, we are more than happy to find you that vehicle.
If a person has just declared bankruptcy and they want to buy a vehicle, what do you suggest they do?
Someone who has filed bankruptcy still has purchasing options. We work with a large variety of customers and have many financing options. Our goal is to help the customer choose what option is best for them when purchasing their next vehicle.
Should a consumer run their own credit report before they purchase a used car?
There is no need for a customer to run their own credit report. They of course are welcome to if they choose but we will do that for you when you come in to our lot.
If you’re divorced and as a result of that divorce have bad credit, what tips would you offer the consumer on how to obtain a loan?
We sell to consumers with good credit, bad credit, and no credit. Everyone is approved!
What are some common buy here pay here misconceptions the public should be aware of?
BHPH is a bank just like Bank of America or a Credit Union. We approve you on your stability and ability to pay. Not on past credit.
This is our twenty-ninth interview in our “1000 Interview Challenge” If your interested in an interview, please contact me.
This interview was conducted by Shane McC. Shane currently is attending RISD studying computer programming. He enjoys traveling and plays hockey. He played for the Boston Junior Bruins of the EJHL during the 01-02 season. You can follow him on Google+
Please give my readers a history of Paul West Used Cars. How long has your car dealership been in business?
Paul West Used Cars started in 1987 as Paul West Ford. However, in 1995 there was a need for secondary financing in Gainesville, FL and after attending a BHPH convention Paul West decided to give it a go. By 1999 things were going so well that a gentlemen moseyed on in to the dealership and offered to buy out the dealership. Paul West took the offer and retired early. The new owners didn’t want to have any engagement in the secondary financing world and let everyone go in that department including Paul West’s right hand man, Paul Nassoiy.
Once Paul West heard the news he came over and encouraged Paul Nassoiy to get his dealer license and open it back up in his name. By 2000, Paul Nassoiy had his dealers license and secured backing from a bank in New York and Paul West Used Cars was born.
We bring to business over 40 years experience in the Automobile industry and are unique to the BHPH industry by offering newer lower mileage vehicles.
Does your dealership primarily sell domestic or foreign used cars? Or would you say it’s a mix of both?
We specialize in selling newer model lower mileage cars, trucks, vans, and suv’s. We’re not too picky on the manufacturer (Chevy, Ford, Honda, Toyota.. etc) although there are some manufacturers we do tend to steer away from. We also ask our customers for recommendations on vehicles they are looking currently looking for to help keep our inventory up to date and trendy. Above all else is clean low mileage vehicles.
If a person has just declared bankruptcy and they want to buy a vehicle, what do you suggest they do?
If a person has just declared for bankruptcy it is recommended they get approval from their trustee before doing any car shopping. Our continued goal is to help people improve their credit from where it is today so following all the directions from the court and the trustee during that bankruptcy period is critical.
We handle each customer on an individual basis, but in general PWUC prefers that the bankruptcy has been discharged which means it has been finalized and satisfied through the court system allowing the consumer to begin reestablishing his/her credit.
Should a consumer run their own credit report before they purchase a used car?
It is always wise to have a good understanding of what is on your credit before you purchase anything that you would have to borrow money to get. Every consumer is legally allowed one free credit report a year or there are several other ways to obtain your credit report such as True Credit who monitors all 3 Credit Bureaus for you. Keep in mind though every time you get your credit run it could reduce your score so be mindful of that before you have everyone in town run your credit.
For us as a dealership though it is not required that you run your credit before walking in the door.
Should a consumer bring any documentation with them before they walk into the car dealership?
Any documents that show who the consumer is, what they do, where they live, and how they get paid is always nice to have if you are seriously considering buying a car. Some dealerships may require them and some won’t, but here is a short list of the documents we require:
Current Pay Stubs
Utility Bill
Two pieces of mail
Driver’s License
If you’re divorced and as a result of that divorce have bad credit, what tips would you offer the consumer on how to obtain a loan?
We always encourage people to never give up and never stop striving for their best. Bad things can happen to anybody. Murphy’s Law (Anything that can go wrong, will go wrong) has visited all of us at one point or another in our lives, but if we keep believing we can do it, if we keep pushing forward, and we never give up then nothing can keep us down forever.
At Paul West, we’ve worked through all types of situations with consumers. The best approach when you are in these types of situation is being open and honest. Here is the situation I’m in and what I’m working so how can you as a dealer help? Honesty is the best policy.
I’ll never forget a situation when we first started in the buy here pay here industry a guy comes in and is in one of the worst situations I have ever seen. He was begging me for a car but the situation at hand said he couldn’t do it. All signs pointed that there was no way possible for him to afford the car, keep the car, or pay for the car so we told him we just couldn’t help right now and sent him on his way. Regardless of selling a car it is our company policy to make sure you can afford the car before we put you in the car. But Mr. Brown came back the next day and assured me he could do it. I looked at everything again and said Mr. Brown there is just no way you’re cutting it too close, I’m sorry there just isn’t a way please understand and he left. He came back again on the 3rd day and said I promise you I can do it, I won’t let you down, you’ll see! So I took a chance and gave him the car. I’ll never forget he never missed a payment and over the years has bought 3 vehicles from us. Today Mr. Brown gets his credit from his bank and buys his cars and Mr. Brown you were right we never forgot you. Cheers to you Mr. Brown for showing us early on that sometimes when everything says no that it’s still possible.
What are some common buy here pay here misconceptions the public should be aware of?
BHPH Dealerships Finance everyone – This is a misconception I get all the time. It is true that most Buy Here Pay Here Dealers don’t have to go through the banks to get loans approved, but that doesn’t mean they finance every single person that walks in the door. We are here to help build, start, and rebuild people’s credit but that doesn’t mean we have to loan money to everyone. Realize when you go to visit a BHPH dealership you’re talking to the bank in person.
BHPH cars are junk – Another good one. Anything you buy whether new or used can have problems. While it is our policy here to have a mechanic look at each car before it goes up front for sale nothing can be guaranteed. In fact we don’t ever use the word guaranteed here because of that misconception. In addition to driving the car with our customers and not having any issues, we also offer a 3 month or 3,000 mile personal warranty on all our financed cars to help during this breaking in period. We also suggest checking the reviews on each dealership you are considering buying a car from to get a feel for how they handle problems and their relationship to their customers as well.
BHPH’s are rip offs – BHPH dealers prices can have a wide variety of ranges. Some are fair and some aren’t. It’s always important to do your homework before you step out on a car lot. Thankfully, the internet and sites like Kelly Blue Book have helped consumers tremendously over the years with the ability of knowing what every car is worth from trade in to retail value. A little research can go a long way. It is important for consumers to remember though that the BHPH dealer is usually the one fronting the money for you to get the car so prices can be higher because of that. We always recommend if possible to go to your local bank and try and get approved through them first. Worse case they say no and you need BHPH financing, but banks especially credit unions are finding more and more ways to help consumers.
This is our twenty-eight interview in our “1000 Interview Challenge” If your interested in an interview, please contact me.
This interview was conducted by Shane McC. Shane currently is attending RISD studying computer programming. He enjoys traveling and plays hockey. He played for the Boston Junior Bruins of the EJHL during the 01-02 season. You can follow him on Google+
Please give my readers a history of Carigan’s Auto Sales and Collision Center. How long has your car dealership been in business?
Carigan’s Auto Sales has only been in business since January 1st of 2013, I have been in the Buy Here, Pay Here business for 10 years. I still feel as though you should know your customers by name and have some sort of relationship with them and I could no longer do that where I was.
Does your dealership primarily sell domestic or foreign used cars? Or would you say it’s a mix of both?
We try to keep a mix of both. Some people have a preference of Domestic or Foreign, we have no preference as long as we think it will make a good, reliable and reasonably priced car for our customer.
If a person has just declared bankruptcy and they want to buy a vehicle, what do you suggest they do?
Bankruptcy is a difficult thing to do in anyone’s situation. They should always consult the bankruptcy court to ask if they can obtain credit for an automobile in their name prior to buying a car on credit.
Should a consumer run their own credit report before they purchase a used car?
It’s always a good thing to know what your credit looks like before purchasing a used car or anytime for that matter.
If you’re divorced and as a result of that divorce have bad credit, what tips would you offer the consumer on how to obtain a loan?
First off you need to budget, a lot of times you can obtain credit with bad credit. First mistake a lot of people make is going over their head to get that car they want. Make sure that you can afford the payment, insurance and any repairs you may have to do on the car. Next, visit someone you can trust to help you. A lot of guys are out to just get a quick sale, so find someone who understands your budget and is willing to help you stay within your means. Getting more credit and not being able to pay it back always will make things worse.
What are some common buy here pay here misconceptions the public should be aware of?
People think that a Buy Here Pay Here car lots are too expensive and a rip off and they sell junk cars. Truth be known there are a few honest Buy Here Pay Here car lot who are out to help the customer, you just have to find them.
This is our twenty-seventh interview in our “1000 Interview Challenge” If your interested in an interview, please contact me.
This interview was conducted by Shane McC. Shane currently is attending RISD studying computer programming. He enjoys traveling and plays hockey. He played for the Boston Junior Bruins of the EJHL during the 01-02 season. You can follow him on Google+
