How Profitable Are Buy Here Pay Here Lots Apr 2026
However, their profitability is not derived from simple sales; it is built on a complex, high-risk financial model that functions more like a bank than a dealership.
A unique challenge for BHPH owners is that they are often "cash poor" despite being highly profitable on paper. how profitable are buy here pay here lots
Because the dealer is the bank, their cash is tied up in the cars sitting in customers' driveways. However, their profitability is not derived from simple