: A local dealer is generally more motivated to maintain a good reputation within the community and is easier to reach if problems arise.

: Use the 20/3/8 rule as a baseline—20% down, 3-year financing, and monthly car expenses under 8% of your gross income.

: Never buy without driving. Assess how the car handles different surfaces and listen for unusual noises.

Not all BHPH lots are created equal. Look for these "Green Flags":

: Seek out dealers that provide warranties or guarantees and abide by city/state standards for used car sales.

: BHPH dealers typically don't run credit checks but require solid proof of ability to pay. Have your bank statements or recent pay stubs ready.

: Watch for illuminated check engine or ABS lights, and missing maintenance records, which could signal undisclosed accidents or underlying mechanical issues.