: Dealers may use "kill switches" that prevent a car from starting if a payment is late. Regulatory Crackdowns
The has taken legal action against major players in the industry, such as DriveTime, which was ordered to pay $8 million for harassing debt collection tactics and providing inaccurate credit info. Other investigations by the Department of Justice have revealed discriminatory practices, such as requiring higher down payments from African American buyers compared to white buyers for the same vehicle. Key Resources for Further Reading buy here pay here places for cars
: While new-car dealers average around 20% profit, BHPH margins can reach nearly 40% . : Dealers may use "kill switches" that prevent