I had a friend do well with a BHPH lot. He bought a reasonable car, the amount wasn't much more than he would've gotten from any other place. He had little choice with as bad as his credit was. Anyway, after a while through the contract, or whatever they call it, they offered him the option to transfer it to a regular loan, with a normal lender. I'm not sure of the terms, but I remember it being very fair. On the other side of the coin, I've seen many go the other way. I've also worked on some of the heaps that they sell. There were a few times that there was serious stuff wrong with a car, but the lot wouldn't want to fix it, they'd just sell it that way! I wish I would've had the means, and the time to watch and tell the people buying some of those vehicles what was up with them!