FI showroom red and grey logo
MenuMENU
SearchSEARCH

BHPH Had Solid 2011, CNW Reports

The market research firm estimates that BHPH dealers achieved $16.5 million in gross sales last year and sold about 2.5 million vehicles.

by Staff
April 24, 2012
1 min to read


BANDON, Ore. — For a large number of new- and used-car dealers, jumping into the buy here, pay here business last year was a lifesaver, CNW reported last week.

High-margin vehicles sold to high-risk customers were once the domain of dirt-lot dealerships, but that’s no longer the case, CNW noted in its April newsletter. “No longer,” wrote Spinella, estimating that the segment achieved more than $16.5 million in gross sales and moved 2.5 million units. “Some of the most well-heeled franchised and independent dealers are now BHPH advocates, and for good reason.”

Ad Loading...

CNW also noted that some BHPH operations recorded significantly higher average retail prices. The industry as a whole sold cars and trucks in the $6,500 price range last year, which was up from $4,362 in 2000.

“If lenders continue to accept loan applications from lower FICO-score shoppers, as has been the trend of late, the rapid growth may slow,” wrote Spinella. “But most indications are the number of people who can only afford a BHPH vehicle will continue to outstrip supply.”

More Auto Finance

Photo of person grabbing stacks of cash from a surface
Auto Financeby Gil Van OverMarch 30, 2026

Permission or Approval: When to Notify Finance Sources

Credit card down payments, multiple vehicle purchases and even straw purchases can be completed without committing bank fraud, as long as you tell the bank first.

Read More →
Three people's hands on desk as one signs a document
Auto Financeby Hannah MitchellMarch 11, 2026

At-Risk Auto Borrowers Drive Looser Credit Access

Cox Automotive’s index shows the subprime segment, long loan terms, negative-equity borrowers and down payment amounts all grew in February despite ever-higher vehicle prices.

Read More →
Auto Financeby Lauren LawrenceFebruary 23, 2026

Auto Loan Forecast Bucks Market Trend

Auto loan originations rose over 6% year-over-year in the third quarter of 2025, but TransUnion predicts a slight decline in auto loan growth this year, making it an outlier in the company's overall lending forecast.

Read More →
Ad Loading...
Auto Financeby Hannah MitchellFebruary 11, 2026

Auto Credit More Plentiful

Growing access shows greater lender appetite for risk as consumers take on heavier debt burden in an inflated market.

Read More →
Auto Financeby Hannah MitchellJanuary 27, 2026

Auto Loans Long as Stretch Limos

More consumers, faced with ever-rising car prices, are adapting by agreeing to longer loan terms despite the cost of added interest payments.

Read More →
A person holds a stack of cash with a small red toy car on top.
Auto Financeby StaffJanuary 20, 2026

AutoPayPlus Launches RePayPlus

The reinsured biweekly payment program offers auto dealers with customer retention and reinsurance structure.

Read More →
Ad Loading...
F&Iby Hannah MitchellJanuary 12, 2026

Auto Credit Access Loosens

December brought some of the best borrowing availability for consumers in years, though lenders tightened their reins on riskier segments of the market.

Read More →
A hand holding small burlap money bags next to a toy red car, symbolizing auto financing, loan payments, and dealership profitability.
Industryby StaffNovember 14, 2025

Report Uncovers $4.7B Opportunity for Auto Dealers

Solving mismatched payment quotes can boost sales, profits

Read More →
Industryby Hannah MitchellNovember 10, 2025

Auto Loans More in Reach

October easier to tap despite approval rates falling

Read More →
Ad Loading...
Industryby Hannah MitchellNovember 3, 2025

Q3 Auto Loans Reveal Stress

Data reflect growing finance activity on the extreme ends of credit risk scale

Read More →