: Focuses on "subprime" or "unbankable" customers with poor or no credit history .
: Profit margins can average around 40% , which is roughly double what traditional new car dealerships typically earn . buy here pay here franchise
A Buy Here Pay Here (BHPH) franchise is a business model where a dealership acts as both the , providing in-house financing directly to customers who often cannot qualify for traditional bank loans . While traditional dealerships send applications to third-party banks, BHPH franchise owners use their own capital to fund vehicle purchases, allowing for greater control over sales and financing terms . How the Franchise Model Works : Focuses on "subprime" or "unbankable" customers with