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In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have high interest rates. [1]
If you're in the market for a car and your credit history is shaky or worse, you'll see plenty of dealerships with signs proclaiming "no credit, no problem," "buy here, pay here," "no credit check
He purchased his first new vehicle dealership, Eastway Rambler, in Euclid in 1968. In 1975, Tom purchased an AMC-Jeep store in North Olmsted. In 1978, Ganley became the owner of Ganley Lincoln-Mercury in Middleburg Heights, Budget Rent a Car at Cleveland Hopkins International Airport and Ganley Dodge of Bedford.
If you have a low credit score but need a car to get around, the good news is there are still a lot of options. However, there are some makes and models that are definitely to be avoided if your ...
On average, a CarMax location employs 40 sales associates. Each car goes through a thorough 125-point inspection process, beyond any state-required inspections, and includes a 90-day warranty, three days to change the financing for free, and, 10-day money-back guarantee (reduced in 2024 from a 30-day money-back guarantee). [10] [11]
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Locally issued and owner-provided license plates were phased out by 1909 for automobiles, [3] but local plates continued to be used for motorcycles until 1914. [5] In 1925, the Automobile Division was renamed the Bureau of Motor Vehicles, and the Registrar of Motor Vehicles was retitled the Commissioner of Motor Vehicles.
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