Business Description

Always ensure that the Buy Here Pay Here dealer of your choice inspects all of its vehicles before a sale, reports to major credit bureaus and follows all regulatory standards such as state usury laws, the Truth in Lending Act, privacy regulations and so on.

Buy Here Pay Here (BHPH) refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. BHPH can provide options for those unable to meet credit standards elsewhere. This type of financing at O'Gorman Motors offering car buyers with bad credit or no credit a chance to get into a vehicle when they have been turned down by other lenders or car dealers.

Buy Here Pay Here used car dealerships, otherwise known as "tote the note," are simply used car dealers that are also the bank; meaning they directly offer the financing for the vehicles on their car lot. There are a lot of misconceptions around Buy Here Pay Here car dealerships and small, independent dealerships can work differently from each other.

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