Why More People Are Buying Used Cars Every Day — And How Our Buy Here Pay Here Franchise Helps!
Perhaps now more than ever, people are paying attention to where and how they’re spending their money. Right now, our economy is struggling due to the pandemic and people want to be smart about their finances, which makes buying a used car especially appealing to many.
In fact, the used car market has been strong for a long time, and while COVID-19 initially caused a slump, our industry is on the rebound in ways that others aren’t. Our buy here pay here franchise is helping people across the country obtain quality vehicles and affordable financing, and when you invest in our used car franchise opportunity, you can do the same for your community, too.
People Need Reliable Transportation
No matter what the economy is like, people are going to need reliable transportation to get them to and from their destinations. Cars are an important part of American culture and we love the freedom that they afford us. Our buy here pay here franchise allows people from all walks of life and in communities across the country to enjoy the important benefits of a great used car at an affordable price.
All our vehicles are covered by the Byrider warranty or extended service agreement, and if or when repairs are needed, our knowledgeable and professional mechanics at our in-house service garages can handle just about any job. These are just a few of the reasons why ours is a standout used car franchise opportunity for anyone to consider.
All Under One Roof
As much as we love and need our cars, buying one — especially a used one— can be a nerve wracking experience, especially if you’ve never done it before, or have less-than-perfect credit. But because we’re a buy here pay here franchise, we can offer our customers the chance to drive a quality used car off the lot without having to go elsewhere for financing, taking a lot of stress out of the process.
Through our Automated Risk Evaluator tool, we can make accurate, on-the-spot underwriting decisions, allowing franchisees the freedom to lend to whomever they want. Customers have the opportunity to establish or improve their credit, making it easier for them to feel confident going forward, and our franchisees can improve the performance of their portfolios. It’s a win-win scenario!
A Brand People Trust
Byrider is the nation’s leading used car dealership and finance enterprise, and as such, we’re one of the most trusted brands out there. Over the course of 30+ years, we’ve sold well over one million vehicles and originated more than $7 billion of retail installment contracts. These numbers speak to the trust, recognition, and respect the Byrider name engenders, and as our franchisee, you’ll benefit from that immediately.
Ready to help members of your community drive quality used cars off the lot? We’d love to hear from you, so get in touch today!