The Effects of Term Adjustment in a BHPH Loan vs. Lease
Eyo Toe | May 17, 2021
In today’s ever-changing market, affordability has become a key concern for both dealers and consumers. So, what are some effective solutions that can help bridge the gap between what consumers can afford and what dealers need to remain profitable? One powerful strategy is to explore leasing as a flexible option that can meet the needs of your unique customer base while supporting your dealership’s financial goals.
We invite you to check out our latest video, where we break down how leases can be structured to fit your dealership's specific requirements, compared to traditional Buy Here Pay Here (BHPH) loans. In this video, we take a close look at the differences between BHPH loans and Lease Here Pay Here (LHPH) leases, highlighting how leasing can offer a more affordable option for customers while still maintaining profitability for dealers.
Leasing provides dealers with a number of adjustable components that allow for greater flexibility in crafting payment terms that align with your customers' financial situations. By leveraging residual values, shorter terms, and more favorable payment plans, leasing can help you create more affordable options for your customers without sacrificing your bottom line.
Through our detailed comparison of BHPH loans versus LHPH leases, you'll gain insights into how you can customize lease structures to better serve your market. Whether your focus is on making payments more manageable for customers or optimizing your portfolio performance, leasing offers a strategic alternative that can make a significant difference in today’s market.
Interested in learning more? Watch the video to see how these lease structures can be tailored to fit your dealership and customer base. You’ll discover how leasing might be the solution you’ve been looking for to address affordability while still driving success for your dealership.
