: Because the dealer takes on the risk of the loan, interest rates are significantly higher—often reaching 20% to 25% or more.
: It is common for these vehicles to be equipped with GPS trackers or starter-interruption devices (kill switches) that can prevent the car from starting if a payment is even one day late. Contrasting Experiences
: Instead of a rigorous credit check, dealers like Gateway Auto Lending primarily verify employment and residency.
For many customers, the story begins with an urgent need for transportation to keep a job or manage family life. Unlike traditional dealerships where you pick a car first, the BHPH story often starts with your .
Reviews for Gateway locations vary, reflecting the two sides of the BHPH model: Gateway Auto Lending - Don Brown Chevrolet
: You may be required to make payments directly at the dealership, sometimes weekly or bi-weekly, coinciding with your paydays.