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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]
If you have a low credit score but need a car to get around, the good news is there are still a lot of options. However, there are some makes and models that are definitely to be avoided if your ...
[31] [34] By 1998, Farr's dealership group grossed $596.6 million, making it the top black-owned business in the United States and the 33rd largest auto dealership in the US. [35] Farr specialized in the subprime market, expanded into the used car market, and offered credit at rates up to 25 percent.
In 1938, he opened a used car lot and two years later became a Studebaker dealer. Studebaker Corporation faced financial difficulties in the 1950s which led to Davis closing his dealership in 1956. [1] [2] In 1963, he opened a Chrysler-Plymouth dealership which he ran until 1971. [2] [3]
Here's what dealers say about it. GM sees some improvement in the chips supply, but still has to remove heated seats and steering. Here's what dealers say about it.
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