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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 Wichita used car dealership that was previously fined for not telling a customer that the vehicle they purchased had a blown airbag now faces a roughly $418,000 penalty after it was discovered ...
Captives have a smaller share of the overall car financing market (new and used cars), along with banks, credit unions, and finance companies. A small number of cars are financed directly by the dealership at "Buy Here Pay Here" dealers, which cater to customers with subprime credit. Buy Here Pay Here financing accounts for 6% of the total ...
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Southwest is located at (37.637778, -97.356944) at an elevation of 1,284 ft (391 It consists of the area between Meridian Avenue in the west and McLean Boulevard in the east and between May Street in the north and MacArthur Road in the south. [2]
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