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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]
The dealer has the option of marking up the interest rate of the contract and retaining a portion of that markup. For example, a bank may give a wholesale money rate of 6.75% and the dealer may give the consumer an interest rate of 7.75%. The bank would then pay the dealer the difference or a portion thereof.
BRP owns manufacturing facilities in Canada, the United States, Mexico, Finland, and Austria BRP products including Can-Am all-terrain vehicles (ATV) and Side-by-Side (SxS, UTV, SSV) vehicles are distributed in over 100 countries by more than 4,200 dealers and distributors. BRP also employs more than 7,100 people around the globe.
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The Traxter and Quest (no longer in production) had two engine sizes 500cc and 650cc. The Rally (also no longer in production) was available with a 200cc engine. The Outlander is a utility style ATV available in multiple engine sizes, including 400cc and 450cc single cylinder and 500cc, 570cc, 650cc, 800cc, 850cc and 1000cc V-Twin engines. The ...
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Lithia Motors began in 1946 when Walt DeBoer opened a single car dealership in Ashland, Oregon.In the first year, the five-person company sold 14 cars. [16] In 1968, Walt's son, Sidney DeBoer, took over the business and incorporated Lithia Motors Inc. Sidney reorganized the business and in 1970 purchased a Dodge dealership in Medford.
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