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What does Buy Here Pay Here mean? Despite being the fastest growing segment in the auto sales industry, there's not an official definition for Buy Here Pay Here in the dictionary. The dealer will ask you a series of questions, possibly run a credit report and invest in understanding your credit experience before showing you available cars. You therefore "buy" the car at the dealership and "pay" on the loan at the dealership. The chance to choose from available cars, make affordable monthly payments and enjoy the freedom a car offers can't be overstated. Available cars, available credit Without a doubt, the most important benefit of BHPH financing is that it gives credit-challenged people the opportunity to get much-needed transportation. The average search for the phrase "Buy Here Pay Here" brings back more than 40 million results, each one saying something slightly different than the next. This article explains some of the things to watch out for when seeking a bad credit or no credit car loan: Buy-Here-Pay-Here Car Lots Buy-here-pay-here car lots can seem appealing when you’re struggling to get approved for a car loan. But whether you're traveling 10 mph or cruising by.


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