Did you know that most dealerships will sell you a used car for twice as much as the car is worth? If the car is worth, $5,000, they’re likely to charge you $10,000. If you finance the car at the dealership on top of that, you could be paying as much as 26 percent each year in interest. Does that sound like a deal to you? Probably not. But almost one in four used cars is now being sold that way in the United States. Clark was stunned when he read this in the Dallas Morning News. So, we are basically setting ourselves up to be ripped off. These dealerships try to sell you a car on the spot with ads that say, “No credit, or bad credit, no problem!” It’s known as “Buy here, Pay here,” and the dealerships are making a fortune off of your desire for convenience. There are now 19,000 dealers who sell “buy here pay here” cars. If your credit is in a rough spot, you need to buy a car for cash. Have the car checked out by an independent mechanic first to make sure it works. But you will be much better off. You never want to buy a car where everything is taken care of in one place.