You’ll likely need cash upfront to secure the vehicle [3].

Expect to make payments more frequently—often weekly or bi-weekly—to match your pay cycle [2]. 💡 Pro-Tips for Buyers

Unlike traditional dealerships that outsource loans to banks, a BHPH dealer finances the car themselves. You "buy" the car there and "pay" your installments directly to them. ✅ The Benefits

Because the dealer takes on more risk, interest rates are typically higher than bank loans [1, 3].