Both forms of withdrawal remain in your credit ad for seven years. In both cases, you are also supposed to pay the balance of the loan after the sale of the car. Non-payment could lead the merchant paying here to take additional collection measures, such as. B the filing of a wage garnished with the court. The only advantage of voluntary withdrawal is that you can avoid having to pay a few withdrawal fees. One of the main reasons why skeptics buy here pay negative feelings to this type of car-lot is because of the crazy stories about what happens when a payment is missed. In most cases, when a car bought here pay here is returned, the car is declared withdrawn and the car buyer takes a hit on its creditworthiness. Since the loan is provided by the dealer from a dealer who buys here, they are often much more flexible in the approval process, so those with lower credit scores are able to get a quality vehicle without being turned down or having to pay the full price of the vehicle in advance. There are three main credit bureaus that buy here to pay here, in places that are Equifax, Experian and TransUnion. While some buy here, merchants can pay the highest possible interest rates, the average interest rate when buying here tends to pay between 15 percent and 19 percent here. The short answer is yes, it is possible that the dealer will sue the buyer, especially if the car is not able to be resold for the amount set out in the contract, as they can then take legal action for default.. . .