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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
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]
Used car prices in the U.S. have fallen since their highs during the peak of the pandemic. However, they are still erratic, and affordability of used vehicles largely depends on location. iSeeCars ...
The Oldsmobile diesel engine was one of the first attempts by a US car maker to produce a diesel engine, a result of the 1973 oil crisis and the increasing success of European car makers, mainly Mercedes-Benz and Volkswagen, selling diesel cars on the US market. It was used not only in Oldsmobile cars, but in cars of other General Motors US ...
Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). There are two primary methods of borrowing money to buy a car: direct and indirect. A direct loan is one that the borrower arranges with a lender directly. Indirect financing is arranged by the car dealership where the car is purchased.
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