Mastering the Buy-Here-Pay-Here Model: Essential Tips for New Dealers to Mitigate Risks

The buy-here-pay-here (BHPH) financing model, where the dealer acts as the bank, offers significant profit potential but carries substantial risks. As the dealer, you collect all the profits from vehicle sales and interest payments, but you also bear the full burden of defaults, repossessions, and unforeseen losses.

Want to read more?

Subscribe to dealerdiaries.com to keep reading this exclusive post.

Subscribe Now