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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]
If you're in the market for a car and your credit history is shaky or worse, you'll see plenty of dealerships with signs proclaiming "no credit, no problem," "buy here, pay here," "no credit check
CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia.
Yenko Chevrolet was a Chevrolet dealership located at 575 West Pike Street in Canonsburg, Pennsylvania. Operating from 1949 to 1982, the dealership is best known for selling customized sports cars during the late 1960s. Referred to presently as "Yenkos," they are among the most collectible 1960s vehicles.
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