Buy Here Pay Here
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Buy Here Pay Here 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 buy here pay here dealerships have poor credit history, and loans have high interest rates.[1]
[edit] See also
- J. D. Byrider - one of the largest BHPH dealership chains in the United States.
[edit] References
- ^ a b "'Buy Here, Pay Here' Businesses Move Into Leasing". All Things Considered. NPR. 2012-01-19. http://www.npr.org/2012/01/19/145473361/buy-here-pay-here-businesses-move-into-leasing. Retrieved 10 February 2012.