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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]
Used-car lots, either attached to a new-car dealer or standalone, offer a buying experience that's most similar to purchasing new. Then there are the used-only chains, which you might prefer for ...
AutoCanada Inc. is a North American multi-location automobile dealership group currently operating 83 franchised dealerships, consisting of 28 brands in eight provinces in Canada as well as a group in Illinois, USA.
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.
Learn: 5 Used Cars You Should Stay Away From Read: Pocket an Extra $400 a Month With This Simple Hack If you notice any of these six signs, consider walking away from the used car deal.
Used car prices fell recently, which is good news, according to Kelley Blue Book. Even so, interest rates have remained high. The Federal Reserve is set to meet in mid-September and even though an...
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