Who Pays the Most for BHPH Receivables?
Compare net proceeds instead of relying on the largest headline percentage.
Evaluate BHPH Note and Portfolio Buyers
Use this checklist to compare capital, fees, confidentiality, servicing, and closing before you share your data.
Secure Portfolio Upload
Please include your full data tape (Excel/CSV). All data is kept 100% confidential between you and CAR Financial Services.
Drag & drop your file here or click to select
Uploading your portfolio does not commit you to a sale. Use our template if it helps, or upload the file you already have. Questions? Contact Robert directly.
BUYER TYPE
Direct Institutional
BROKER FEE
None
CAPITAL SOURCE
Institutional
TRACK RECORD
$100M+ Purchased
EXPERIENCE
13+ Years
SERVICE
Face-to-Face
Not all buy here pay here note buyers operate the same way. Some brokers shop a deal around. Some smaller buyers cannot handle larger pools. Some firms are hard to reach once diligence starts.
CAR Financial Services is a direct buyer. When you call, you reach Robert Hicks, the Senior Portfolio Buyer reviewing the portfolio. That means direct answers, a shorter process, and clear accountability from review through closing.
If you are ready to sell active accounts now, start with the sell buy here pay here accounts guide.
Direct Buyers vs. Brokers: Know the Difference
This distinction matters because it directly impacts how much money you keep and how your data is handled.
| Direct Buyer (CAR Financial) | Broker | |
|---|---|---|
| Who buys your notes? | We do, with our own capital | They shop it to other buyers |
| Broker fee | None | Fee, commission, or spread may apply |
| Who sees your data? | Only us | Depends on the engagement and data-room access |
| Decision timeline | CAR targets 24-48 hours for preliminary review | Depends on outreach and buyer response |
| Point of contact | Robert Hicks (decision-maker) | Broker or adviser coordinating buyer contact |
| Relationship | Direct, long-term | Depends on the engagement |
Our BHPH Note Buying Criteria
We're flexible buyers, but here's what we look for when evaluating BHPH notes:
What Makes a Note Attractive
- Consistent payment history (3+ months ideal)
- Reasonable balance-to-collateral ratio
- Clear title documentation
- Standard BHPH terms and structure
- Complete contract and payment records
What Doesn't Disqualify a Note
- Older vehicles (we adjust pricing)
- Higher mileage collateral
- Some payment irregularity
- Fresh originations (less seasoned)
- Mixed portfolio performance
Extra Questions for a Full-Portfolio Sale
A buyer that can purchase a small pool may not be prepared to handle an entire dealership portfolio. Before a full exit, confirm the transaction structure and customer transition in writing.
Capital capacity
Ask who the legal purchaser will be, how the transaction is funded, and whether the offer depends on another buyer.
Servicing transition
Confirm who will collect after closing, how customers will be notified, and how payment posting will transfer.
Recourse and reserves
Understand repurchase obligations, reserve accounts, representations, warranties, and post-closing adjustments.
Data controls
Ask which parties can access the tape, what NDA applies, and when customer PII is actually required.
Compare the complete transaction
Price, Terms, Diligence, and Closing Guides
Use the same account schedule and price basis when comparing buyers. Then compare net cash, recourse, holdbacks, data access, diligence conditions, servicing, and closing certainty.
Meet Robert Hicks
Robert Hicks is the Senior Portfolio Buyer at CAR Financial Services. He reviews portfolios, discusses pricing with dealers, and stays involved through closing.
- 13+ years in the BHPH industry
- Georgia Tech graduate
- $100M+ in receivables personally overseen
- Based in Lawrenceville, GA and works with dealers nationwide
"When you call, you reach the person reviewing the deal. We try to keep the process clear, practical, and straightforward from valuation through closing."
Robert Hicks
Why Dealers Choose Us Over Other Buy Here Pay Here Note Buyers
No Broker Fees
CAR Financial charges no broker fee. Compare the purchase price and every transaction term in writing.
Speed
CAR targets preliminary valuations in 24-48 hours and closing in 5-10 business days when the file is ready. Timing varies with the portfolio and due diligence.
Face-to-Face Option
Robert or a local representative can come to your dealership so you can review the files together and close in person if that is your preference.
Long-Term Relationships
Many dealers sell to us more than once. We want to be a steady option whenever you decide a portfolio sale makes sense.
7 Questions to Ask Any BHPH Note Buyer Before Sharing Your Data
Not sure if you're talking to a real buyer or a broker? Use this checklist before sending your data tape. A legitimate direct buyer will answer these questions clearly.
- "Are you buying with your own capital, or do you shop deals to other buyers?"
A direct buyer uses their own funds. A broker sends your data to multiple parties. - "Do you charge broker fees?"
A broker may use a disclosed fee, commission, or spread. Ask how compensation affects your net proceeds. CAR Financial charges no broker fee. - "Who else will see my portfolio data?"
Your customer data is sensitive. An intermediary may share it with participating buyers, so ask who will have access before sending the tape. - "How long have you been buying BHPH paper, and what's your total purchase volume?"
Experience matters. Ask for specifics because "years in business" can be vague. - "Can I speak directly to the person who makes the buying decision?"
If you're only talking to a sales rep, you're probably not talking to the buyer. - "How quickly can you provide a binding offer, and what's your typical closing timeline?"
CAR targets preliminary pricing in 24-48 hours. Timing through an intermediary depends on buyer outreach, responses, diligence, and documents. - "Will you come to my dealership to close in person?"
Robert or a local representative can come to your dealership so you can review the files together and close in person if that is your preference.
Our answers: We buy directly, keep your data within CAR Financial, and usually provide preliminary pricing in 24-48 hours. Robert stays involved throughout the process and can meet at your dealership when needed.
Frequently Asked Questions
Are you a broker or a direct buyer?
We are a direct buyer. CAR Financial Services purchases BHPH notes directly and keeps the review in-house. When you work with us, you deal with the team evaluating the portfolio and closing the transaction.
What should I ask buy here pay here note buyers?
Ask whether they buy with their own capital, whether they charge broker fees, who will see your data, how quickly they can quote, and whether you can speak to the person making the buying decision.
What states do you buy notes in?
We're based in Georgia and review BHPH portfolios from dealers nationwide. Contact Robert to confirm current eligibility and transaction requirements for your state.
Work Directly With the Buyer
Get a valuation directly from CAR Financial. No broker fee and no shopping your deal around.
Request ValuationOr call Robert directly: 678-317-4359