What Does BHPH Mean?

What Does BHPH Mean?

If you’ve been searching for a new vehicle and have come across the term BHPH, you might be wondering, what does BHPH mean? BHPH stands for “Buy Here Pay Here,” and it refers to a type of dealership that offers a unique car buying experience tailored for people with challenging credit situations.

What is a BHPH Dealership?

A Buy Here Pay Here (BHPH) dealer is a car dealership that not only sells you a vehicle but also provides the financing for the purchase. Unlike traditional dealerships, which require you to secure financing through a bank or credit union, BHPH dealers handle the financing in-house. This means that your car payments are made directly to the dealership.

Advantages of BHPH Dealerships

BHPH dealerships are known for offering flexible financing options, especially for individuals with poor or no credit history. They evaluate your ability to pay rather than relying solely on your credit score. Because the financing is done in-house, the approval process is often quicker than traditional lenders, which can be a significant advantage if you need a car immediately. Additionally, making timely payments to a BHPH dealer can help you build or rebuild your credit score. Some BHPH dealers report your payment history to credit bureaus, which can positively impact your credit over time.

Find the Best Vehicles Near You

Dynamic Motors has the best vehicles to suit your needs. We offer a wide selection of high-quality cars, trucks, and SUVs. Dynamic Motors has two convenient locations, one in Downtown Austin and one in South Austin. You can find the perfect vehicle without having to travel far. Plus, you can shop online to see our inventory from the comfort of your home. If you’re in San Antonio and can’t find a Buy Here Pay Here dealership with our level of quality vehicles, it’s worth the short drive to our location in Austin. Less than an hour away, you can find the car you need and take advantage of our exceptional customer service and flexible financing options.

Visit Dynamic Motors Today!

Dynamic Motors can help you answer all your questions about what BHPH means. Visit one of our locations today or browse our inventory online to get started. Don’t let credit challenges keep you from driving the car you deserve.

Let’s get you approved!

Please enter the below information to start the approval process. Required are name, email and phone number.

Notice to all Applicants: A Consumer Report may be requested in connection with this application for credit or any future update, renewal, or extension of such credit. Upon request, you will be informed whether or not a consumer report was requested. If a report was requested you will be informed of the name and address of the consumer reporting agency that furnished the report.

Fair Credit Reporting Disclosure: this application for credit will be submitted to Dynamic Motors, Inc., Austin, TX for purchase or consideration as to whether it meets purchase requirements. I/We certify that the above information is complete and accurate. I/We authorize an inquiry of my/our credit and employment history and the release of information about my/our credit experience. I/We understand that I/We must update credit information at Lender’s request if my financial condition changes.

You're on your way to getting approved!

We’ll be in touch shortly!

In a Hurry? Contact us now.

Call (888) 442-8048