Frequently asked question of buy here pay here programs answered. How it works, and why people choose to BHPH auto sales programs. Buy here pay here programs provide people with bad credit an opportunity to secure a car loan with a low downpayment and installment payments. They are offered directly by buy here pay here dealerships. For people who have been rejected for other car financing applications, this is a lifeline. However, even as the payments each time are low, the cumulatively, they add up to a substantial sum. You will end up paying above what the car is really worth and be locked into high interest rates. But it could be the only way to attain car ownership and be able to have transportation for work and earning a paycheck. Read more »