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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]
Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
There are plenty of good reasons to purchase a used car, truck, or SUV instead of buying a new vehicle.Chief among them is being able to avoid the dreaded D-word—depreciation—but you can also ...
Purchasing a new or used vehicle usually involves a lot of time, stress and money. Although people have to face this task an average of about every 11 1/2 years when buying a new car, there are...
A 2023 report from Moody's Investors Service indicates that new auto loan delinquencies are on the rise. In the second quarter of 2023, the delinquency rate for new auto loans climbed to 7.3%, up ...
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related to: who buys used cars cash for your vehicle for sale californiausjunkcars.com has been visited by 10K+ users in the past month
topdealweb.com has been visited by 100K+ users in the past month