Pay Here Bulk Purchase: Buy Here

Bulk buyers must ensure all contracts comply with the federal Truth in Lending Act (TILA) and state Retail Installment Sales Acts (RISA) . The Art of Turning Cars into Cash | Auto Dealer Today

BHPH is a cash-intensive business. Once a dealer has loaned out all their capital to customers, they "run out of cash" but have a "portfolio of notes" (contracts). To get cash back to buy more cars, they sell these contracts in bulk to financial institutions. Key Terms in Bulk Portfolio Sales: buy here pay here bulk purchase

Buying retired rental cars or corporate fleet vehicles in bulk offers better maintenance records than random auction units. Bulk buyers must ensure all contracts comply with

Roughly 25–40% of BHPH customers become delinquent within the first 60 days. buy here pay here bulk purchase