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LAT's Ken Bensinger: how to investigate Buy Here Pay Here car dealers Reynolds Center

By searching civil lawsuits, Ken says he found one couple who sued a dealership, claiming they were misled by the terms of their loan with its 25.99 percent interest rate.

Department of Motor Vehicles data can show how many times a car has sold, Ken says. As he notes in the story, one dealership sold 900 cars at least three times each since 2006.

Some states such as Missouri and Utah require dealers to report each sale. Reporters can search that information for duplicated vehicle identification numbers (VINs) to see how frequently a car gets sold, Ken says.

Reporters can find dealers by looking for ads with “pay here.” Also, try searching Auto Dealer Monthly’s articles on Buy Here Pay Here (BHPH). Some of the larger dealership owners often submit articles.

Check organizations such as the National Alliance of Buy Here, Pay Here Dealers (NABD) and the National Automobile Dealers Association (NADA). The mostly private dealerships often aren’t very forthcoming about financials, and the organizations can provide overviews.

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