In a BHPH arrangement, the dealership provides the loan directly from its own funds. This model is particularly common for used vehicles with lower values, which reduces the financial risk for the dealer.
Payments are made directly to the dealership, often on a weekly or bi-weekly basis to align with the customer’s pay schedule.
Dearborn and its surrounding areas, including Dearborn Heights and Detroit, host several dealerships that specialize in or offer BHPH-style services: Dearborn, MI - RightWay Auto Sales