How the Program Works
The goal of our program is to HELP you own a new vehicle in 18 months or less. Most families are already living paycheck-to-paycheck, so where do we find the extra money to pay off your vehicle in 18 months or less? The answer is, we create it!
We start by looking at your budget so that we can create a customized payment plan. We look at the difference between your income and your monthly expenses to determine the "differential". The differential is the difference between your income and expenses. The goal is go have 2X (times) the payment, so that you can pay off the vehicle twice as fast. If your budget doesn't allow for this, then we help you create the extra income with a side-gig.
A side-gig is different than a normal job. You control your schedule and can often make more money. We would help you get setup with companies like Uber, Lyft, Amazon delivery, postmates, instacart, grub-hub and others. The goal is to work an extra 8 to 10 hours each week so that you produce an extra $250 a week. In 18 months, that's a year and a half, you'll own a vehicle that would have cost you well-over $35,000 at a dealership.
The goal of our program is to HELP you own a new vehicle in 18 months or less. Most families are already living paycheck-to-paycheck, so where do we find the extra money to pay off your vehicle in 18 months or less? The answer is, we create it!
We start by looking at your budget so that we can create a customized payment plan. We look at the difference between your income and your monthly expenses to determine the "differential". The differential is the difference between your income and expenses. The goal is go have 2X (times) the payment, so that you can pay off the vehicle twice as fast. If your budget doesn't allow for this, then we help you create the extra income with a side-gig.
A side-gig is different than a normal job. You control your schedule and can often make more money. We would help you get setup with companies like Uber, Lyft, Amazon delivery, postmates, instacart, grub-hub and others. The goal is to work an extra 8 to 10 hours each week so that you produce an extra $250 a week. In 18 months, that's a year and a half, you'll own a vehicle that would have cost you well-over $35,000 at a dealership.
Buying Comparison
Here's what we see in a typical transaction with a "Buy Here-Pay Here" dealer. Let's take a vehicle worth $10,000. Because the buyer has bad credit, the dealership will jack up the price to $14,000. Then, they add a bunch of fees (dealer junk fees). Now, the price is up to $16,000. Then they add lender fees and interest. Bad credit often translates into interest rates as high as 29%. The buyer is lured into this type of transaction on the premise that they have an affordable monthly payment of say... $500 a month. The problem in this case, isn't the "short-term", it's the long-term. Just do the math. The average buyer in this type of transaction will spend more than $30,000 over a 5 or 6 year term.
Here's what we see in a typical transaction with a "Buy Here-Pay Here" dealer. Let's take a vehicle worth $10,000. Because the buyer has bad credit, the dealership will jack up the price to $14,000. Then, they add a bunch of fees (dealer junk fees). Now, the price is up to $16,000. Then they add lender fees and interest. Bad credit often translates into interest rates as high as 29%. The buyer is lured into this type of transaction on the premise that they have an affordable monthly payment of say... $500 a month. The problem in this case, isn't the "short-term", it's the long-term. Just do the math. The average buyer in this type of transaction will spend more than $30,000 over a 5 or 6 year term.
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Program Benefits
Ownership Benefits
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How to get Started
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