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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]
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
Facebook introduces Community Pages, which are Pages that are populated with articles from Wikipedia. [340] 2010: June: Financial/legal: Facebook employees sell shares of the company on SecondMarket at a company valuation of $11.5 billion. [341] 2010: June: Product: Facebook introduces the option to Like individual comments. 2010: October 1 ...
An analyst report of a direct sales model is estimated to cut the cost of a vehicle by 8.6%. [16] This implies an even greater demand currently exists for a direct manufacturer sales model. However, laws in many U.S. states prohibit manufacturers from selling directly, requiring customers to buy new cars through a dealer. [17]
Sales of previously owned homes increased by 3.4% in October to an annualized rate of 3.96 million units. From NAR chief economist Lawrence Yun: "The worst of the downturn in home sales could be ...
The new doubles team of Novak Djokovic and Nick Kyrgios are out of the Brisbane International in the second round. The pair, granted a wild-card entry by tournament organizers, lost 6-2, 3-6, 10-8 ...
In late July, Super Micro's auditor at the time, Ernst & Young (EY), raised concerns about the company's governance, transparency and internal control over financial reporting, prompting its board ...
Typical car dealership (in this case a Jeep dealer) in the U.S. selling used cars outside, new cars in the showroom, as well as a vehicle entrance to the parts and service area in the back of the building An aerial view of auto dealer's service in Kuopio, Finland Service and repair entrance Auto dealer's service and repair facility Dealer for vintage cars
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