Buy here, pay here

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] BHPH can provide options for those unable to meet credit standards elsewhere.