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Financial Benefits of BHPH
The BHPH model provides several financial advantages to dealerships. Firstly, it allows for higher interest rates compared to traditional loans, which can significantly increase profit margins. Additionally, by managing the financing process internally, dealerships can reduce dependence on third-party lenders, thus retaining more control over the transaction and customer relationship. This can lead to increased customer loyalty and repeat business, as satisfied customers are more likely to return for future purchases2.