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Buy here, pay here. In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have ...
The dealer has the option of marking up the interest rate of the contract and retaining a portion of that markup. For example, a bank may give a wholesale money rate of 6.75% and the dealer may give the consumer an interest rate of 7.75%. The bank would then pay the dealer the difference or a portion thereof.
Program logo The Toyota Corolla was the program's top seller according to U.S. DoT The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel-efficient ...
Buying a car through Costco may seem like an offbeat choice, but the numbers say otherwise. More than 2.3 million Costco members have bought discounted vehicles through the program in the past ...
Douglas Chrismas, an internationally-known art dealer, was found guilty of embezzling more than $260,000 from the bankruptcy estate of Ace Gallery Los Angeles He was a leading art dealer.
May 9, 2024 at 3:00 PM. A defunct Akron car dealership agreed to pay nearly $37,000 after a settlement was reached in mid-April in a lawsuit filed by Attorney General Dave Yost. The lawsuit ...
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In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000. [3] The company established a subsidiary in the United Kingdom in 1965.
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