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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]
In the United States, a car dealership is a business that sells cars. A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car maintenance and repair services as well as trade-in, leasing, and financing options for customers.
In 1956, the United States, Canada, and Mexico came to an agreement with the American Association of Motor Vehicle Administrators, the Automobile Manufacturers Association and the National Safety Council that standardized the size for license plates for vehicles (except those for motorcycles) at 6 inches (15 cm) in height by 12 inches (30 cm) in width, with standardized mounting holes. [2]
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Edmond is located just north of Oklahoma City in Oklahoma County, Oklahoma. According to the United States Census Bureau , the city has a total area of 87.9 square miles (228 km 2 ), of which 85.1 square miles (220 km 2 ) is land and 2.8 square miles (7.3 km 2 ) or 3.19% is water.
New York City is the only locality in the United States where more than half of all households do not own a car. [252] In a car-dependent America, there is a common dislike of car dealerships and car salesmen, with only 10 percent of U.S. citizens in a Gallup poll rating them highly honest. [259]