Bulk buyers must ensure all contracts comply with the federal Truth in Lending Act (TILA) and state Retail Installment Sales Acts (RISA) . The Art of Turning Cars into Cash | Auto Dealer Today
Larger franchise dealerships often sell their "low-line" trade-ins (cars they won't sell on their own brand-name lot) in bulk to independent BHPH lots. Portfolio Sales (Bulk Note Buying) buy here pay here bulk purchase
The primary source for 85% of BHPH inventory. Dealers buy "blocks" of older, high-mileage vehicles to keep costs low. Bulk buyers must ensure all contracts comply with
In BHPH, a "broken car = broken payment." If the car dies, the customer almost always stops paying. Dealers buy "blocks" of older, high-mileage vehicles to
In the automotive industry, "Buy Here Pay Here" (BHPH) bulk purchasing refers to two distinct business actions: buying inventory in volume or investors purchasing entire portfolios of existing auto loans (contracts). 🚗 Dealer Inventory Acquisition (Bulk Stocking)
Roughly 25–40% of BHPH customers become delinquent within the first 60 days.
Dealers use their current loan contracts as collateral to borrow more money.