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Shopping for a car at a dealership can feel overwhelming and exhausting. The haggling, the upselling and the pressure to buy can make the experience far from enjoyable. Learn More: Car Experts Say
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
Whether you plan to buy or lease a car, your dealership will be interested in whether your financial situation is ideal for taking on a lease contract or vehicle loan. While part of this involves...
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]
Texas residents can still easily buy a car from Tesla, but the purchase is handled as an out-of-state transaction and must be completed before the vehicle ships to Texas. Tesla recently added the ability to include tax, title, license, and registration in the sale price of the car so the purchaser doesn't have to pay that separately once they ...
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In the business, such dealers are called "Buy Here Pay Here" dealerships. These stores can make loans directly to customers because they have some means of recovering the vehicle if the customer defaults on the loan. The means by which "Buy Here Pay Here" dealers can recover a vehicle vary by state. Most dealers utilize indirect lenders.
If you're thinking about getting a car, you're no longer limited to shopping in person at your local dealership. Now, you can shop around, compare prices, check reviews and buy a vehicle online.
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