While the program provides access to vehicles for those with limited options, there are common BHPH trade-offs to consider:
: Payment plans can be structured as weekly, bi-weekly, or monthly to align with the customer's paycheck schedule. The "Buy Here, Pay There" Alternative
: Credit decisions are made solely by McCluskey's finance department, bypassing third-party banks that often reject subprime borrowers.
: Failure to make on-time payments can result in late fees or quick repossession, though the dealership claims to be willing to work with communicative customers.
: They monitor credit scores every 90 days. Once a score reaches 600, customers may be offered the chance to trade in for a newer model at a lower interest rate.