We hear stories from customers about past experiences with 'buy here pay here' dealers and we cringe. There are bad actors out there looking to take advantage of customers with bad credit and limited options. Lee Credit Now is different. The Lee Auto Group has been doing business in Maine since 1936, and we have a hard-earned reputation for fair deals and exceptional customer service. Our reputation is our most important asset, so we always stand behind what we sell. At Lee Credit Now, we'll get you payment terms you can afford, we thoroughly inspect every vehicle we sell and we offer a 24-month service contract that protects your investment and keeps you on the road.
The short answer? There is no difference. Many dealers use these three terms interchangeably. Unfortunately, this is the part that has created so many BHPH myths. Many dealers place these signs in their lot in hopes to attract customers with credit challenges with no intentions of ever offering a true BHPH experience. Instead, they exploit these interchangeable terms in hopes of getting a credit application and having a bank offer credit as opposed to offering the credit themselves. At this point, it’s possible to have sent your credit application to ten different lenders which pulled your credit ten different times. For those with bad credit, this rarely ever works and often puts customers in even worse situations. If you’ve had credit challenges and need a car, a true BHPH experience may be right for you, which is exactly what we offer here at AutoMax.
But I had missed the key step!! You helped me realizing that I HAD NEGLECTED to also remove the DEFAULT DT SEARCH install from the installed W7 program list. I missed it stupidely enough, andi should have sorted the list of installs by date: it would have popped obvious that this WAS the latest install of this malicious suite, which installed against my will during a legitimate freeware download.
Despite being one of the fastest growing segments in the auto sales industry, there is no official definition for “Buy Here Pay Here”, or “BHPH”, which often leaves it to be misunderstood. To put it simply, BHPH is when a car loan is obtained directly from the dealer and not a 3rd party, such as a bank or finance company. The payments are made directly to the dealer which has coined the term “in-house” financing.