in Orlando with the highest customer ratings. Compare BHPH vs. "Second-Chance" traditional financing.
Cars are often older, high-mileage vehicles bought at auctions.
Because the dealer is taking a high risk on the loan, the costs to the consumer are significantly higher.
In a typical car-buying scenario, you pick a car and the dealer finds a third-party lender (like Chase or Wells Fargo). In a BHPH model, the dealer lends you their own money. The dealer is your "bank."
Buy Here Pay Here (BHPH) dealerships are a unique part of the Orlando car market. They serve as both the seller and the bank, making them a popular choice for residents with low credit scores or no credit history.
Most Orlando BHPH lots do not run traditional credit reports.
Crucial for Orlando’s spread-out geography and limited 24/7 public transit. ⚠️ The Risks and Reality
