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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]
Although no one dealership receives extra air time, the advertisements generally proclaim the low prices, sales, and reputation of the auto mall as the highest volume dealer. The popular jingles, "Take the 605 to South Street, come on, it's all there! Take the 605 to South Street, Cerritos Auto Square!"
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 ...
Galpin Auto Sports (or GAS) is an American custom car and automobile repair shop located in the Van Nuys region of Los Angeles, California, which specializes in customizing and remodeling vehicles specifically for their drivers. They also provide specialty parts and accessories.
The new car, called Series 1, was shown as prototypes at the Los Angeles Auto Show and North American International Auto Show in Detroit in 1997. [19]: 68 Unlike the arrangements Shelby American had with Ford and Shelby Automobiles had with Chrysler, financial support for the Series 1 came not directly from General Motors.
Casa de Cadillac opened in 1950 at 14401 Ventura Boulevard and has operated continuously in the same facility since that time. The dealership originally opened in 1949 as Don Lee Motors which was part of the Don Lee organization that operated Cadillac dealerships throughout the state of California, including major cities such as Fresno, Sacramento, Oakland, San Francisco, Pasadena, and Los ...
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