Unlocking Success: How to Start and Thrive as a Buy Here Pay Here Auto Dealer
The "Buy Here Pay Here" (BHPH) model has revolutionized the auto sales landscape, offering flexible financing options for customers who might not qualify for traditional loans. This approach not only opens up the market to a broader range of buyers but also creates a unique business opportunity for auto dealers. In this article, we'll explore the essentials of launching a BHPH dealership, delve into best practices for managing customer relationships, and outline strategies to ensure profitability and long-term success. Understanding the Buy Here Pay Here Model The BHPH model allows dealerships to serve customers with limited or no credit history...