If you're considering starting an in-house financing program at your dealership, this video is a must-watch! In it, we break down a comparison between the 2021 benchmarks for Buy Here Pay Here (BHPH) and Lease Here Pay Here (LHPH) programs, offering insights that may surprise you.

For dealers weighing their options, understanding the differences between BHPH and LHPH is crucial to making an informed decision that aligns with your business goals. This video explores key performance metrics from both models, providing a side-by-side look at how each financing structure performs in areas like customer affordability, profitability, risk management, and payment terms.

What sets LHPH apart from BHPH? In this comparison, you’ll see how LHPH can offer a more flexible approach by leveraging residual value and shorter contract terms, which can lead to more manageable payments for customers while maintaining steady revenue for your dealership. Additionally, LHPH often allows for better risk mitigation and portfolio performance, making it an attractive alternative to the traditional BHPH model.

If you’re looking to diversify your financing options and create an in-house program that meets the needs of both your dealership and your customers, this video provides valuable insights into why LHPH might be the right move for you. Don’t miss out—watch the video to see the surprising differences between BHPH and LHPH benchmarks and get the information you need to take your dealership’s financing to the next level!

Check out these LHPH Resources to learn more:

LHPH E-book

Lease Calculator