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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]
It happened after they had the car for several months. The latest incident started after an Olathe man purchased a 2015 Lincoln MKX for his daughter from CarNation in Feb. 2023. He paid about $12,400.
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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Under this recently released program, eligible buyers would only need to save 1% of the purchase price, while Zillow Home Loans contributes the other 2% at closing for a total down payment of ...
Riverside was founded in March 1886 when the Riverside Land Company, led by developer James Oakley Davidson, had the area surveyed and platted.The company intended for the new neighborhood to be Wichita's most stylish residential area and supported the construction of bridges and a trolley line to connect it to downtown.
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