Avoid "Buy Here, Pay Here" Car Dealerships
Written by Beatriz Berbet

2 min read • Published August 22, 22

The article overviews the ‘buy here, pay here car dealership industry and how it operates, how you should avoid signing up for this type of credit program, and general advice on borrowing money from friends and family.

What are the risks associated with Buy Here, Pay Here?

A few risks are associated with ‘Buy Here, Pay Here’ car dealerships. The first is that these dealerships can be challenging to deal with if you have a problem with your vehicle. Getting a refund or fixing your vehicle can be very hard if something goes wrong. The second risk is that you may not be able to get the best possible deal on your car at a ‘Buy Here, Pay Here’ dealership. These dealerships often charge more for their vehicles than traditional dealerships do.

Learn about the different types of dealerships

When shopping for a new car, it’s essential to be familiar with the different types of dealerships. “Buy Here, Pay Here” (BHPH) dealerships are a type of dealership that allows customers to buy and drive away their new car without having to finance or lease it. While BHPH dealerships have been around for years, there are some things you should know about them before choosing one as your new car dealership.

First, BHPH dealerships are not a regular way to buy cars from the federal government like other types of dealerships. It means they may not offer the same customer service and protection level. Additionally, BHPH dealerships are typically more challenging to get approved for financing than other types of dealerships.

If you’re interested in buying a car from a BHPH dealership, do your research and ask questions about the dealership’s policies and procedures. Be sure to read reviews online to get an idea of what other customers think about the dealership before making a decision.

 Cons of buying a car from a “buy here, pay here” dealership

  • The vehicles may not be in the best condition.
  • You may have to wait long periods to get your car.
  • The process can be complicated and frustrating if you don’t know what you’re doing.


Beatriz Berbet

Marketing & Social Media Intern

As a Marketing and Social Media intern, Beatriz takes care of social networks and is responsible for making people know more about Savings.Club on the internet. When she's not working or at university, you'll find her with a book and a glass of wine.