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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]
“Listing your vehicle on platforms like Craigslist, Autotrader and Facebook Marketplace gives you access to a wider audience and potentially more money than a dealer may pay,” Dillan explained ...
Southeast Toyota Distributors LLC, (SET) founded in 1968, is the top private distributor of Toyota vehicles in the world. [4] [5] [6] They are franchised by Toyota Motor Sales, USA to sell vehicles and parts to car dealerships in the five states of Alabama, Florida, Georgia, South Carolina and North Carolina. [7]
[18] [19] In response to those notices, TrueCar overhauled its pricing structure, [16] and moved from a pay-per-sale model to a performance-adjusted subscription model for dealers in some states. [20] In August 2011, TrueCar purchased ALG, a company that provides information on future residual values of vehicles, for an estimated $83 million. [21]
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