Buy here pay here auto lots are essentially predatory lenders using the cars as tokens. It's all about the loan not the car. They thrive on selling the same car

Buy here pay here auto lots are essentially predatory lenders using the cars as tokens. It's all about the loan not the car. They thrive on selling the same car over and over and will repossess at the drop of a hat. Two days late on your payment? Expect that car to be towed any minute. Even if the desperate customer manages to pay off the loan the lot makes credit card type interest on the transaction.