In-House Financing with Azalea Motors
Since 1976 we have always made it our mission to help customers get the best deal on great cars. With our in-house financing terms making us both the lender and the dealer for our customers, we have a little more room than bigger, corporate banks may be willing to offer. For generations we have helped many families and first-time buyers with getting started on their journey to vehicle ownership and learning to take on the responsibilities that come with it.
We do not perform credit checks for in-house financing terms. With that being said, the down payments are typically higher to guarantee your payoff remains within 24 months as that is our guaranteed maximum policy term for all in-house deals. The larger the vehicle and total price, the larger the down payment typically is as well. Our average monthly payment is $350, with a preferred cap at $400 a month - we DO NOT contract bi-weekly payments!
Deferred down payments may be excluded from the bi-weekly disclosure, however, it would only be for the first two weeks of the term (maximum) and then monthly payments only, once the down payment is satisfied. Deferred down payments are subject to owner approval on all deals, we cannot guarantee that any amount of the required down payment can be deferred on any one deal but it is something Azalea Motors is always willing to discuss with potential buyers.
NO PREPAYMENT PENATLIES! Customers can request their Early Payoff at any time throughout their contract. Early Payoff quotes are good for 10 days from the date it was quoted and you can request the updated amount immediately following the end of those 10 days as well. Customer titles remain electronic with SCDMV throughout their term until payoff. At the time of payoff we will provide the registered vehicle owner a printed and signed Lien Release, and their title will be mailed to their home address with the lien removed, directly from SCDMV in Blythewood. The best way to avoid extra interest charges, late fees, etc. is by paying on time! You can even knock down some interest charges off the backend of your loan by paying more frequently, and in amounts larger than your contracted monthly payment.
CASH IS KING! - If you are looking to purchase in full, ask about our cash prices! For all cash payments and purchases, you are also avoiding a 2% surcharge processed on all card transactions. We also accept CashApp payments, Venmo, Zelle, Apple Pay and many other options to avoid the surcharge as well, just ask!
Insurance
All BHPH customers are expected to carry full coverage insurance on their vehicle, and all necessary drivers, as long as they are financing with Azalea Motors. While an agent may tell you "there is no such thing as full coverage", you must make sure Comprehensive and Collision deductibles are set to $500 maximum (each) to ensure "full coverage". Our lender name, Azalea Motors, and our address must also be listed as the lienholder. This is very important as in the event of an accident or total loss, we would be required to provide your insurance company your vehicle's title in order to receive any or all payment that would be necessary to close out your remaining loan balance.
Rental and tow coverage are not required, but highly recommended. S.C. Code § 56-3-2320(A)(1) does not allow us to provide loaner vehicles and/or rentals to any customers that may be out of their vehicle for service. Make sure to ask your insurance agent if they offer rental coverage for vehicles being repaired, some companies will only offer rentals if your vehicle is in a shop due to an accident. We also do not carry our own tow truck or drivers, nor do we typically cover any one person's tow bill in order for their car to be serviced on-site. You must coordinate the transport if the vehicle is not driveable and ensure an appointment is scheduled prior to any drop-offs. Vehicles dropped off without authorization and/or appointments are subject to storage charges of $40 a day, or being impounded.
If you paid in full cash, or have paid off your loan, you may opt to carry liability insurance as that is the legal state minimum requirement for all registered vehicle owners in the state of South Carolina.
