: You need significant upfront cash for inventory and to cover the time gap between buying cars and collecting monthly payments. It is recommended to have 18 months of cash in reserve when starting .
: The model faces legislative oversight and requires careful management to avoid unethical practices and maintain a positive reputation . buy here pay here franchise
: Focuses on "subprime" or "unbankable" customers with poor or no credit history . : You need significant upfront cash for inventory
: Effective collections are the "key to success." About one in four buyers at BHPH dealerships default, making robust tracking and repossession policies essential . buy here pay here franchise