Academic and economic reviews, such as those featured on Investopedia and Governing , identify several defining traits of this model:
: According to Autotrader , BHPH dealers are highly motivated because they earn profit twice: first on the sale price markup and second on the loan interest. What Is Buy Here, Pay Here Auto Financing? - Experian buy here pay here definition
: These dealers focus on "subprime" borrowers with poor or no credit history who have been denied by traditional institutions. Academic and economic reviews, such as those featured