Utility Task Vehicles (UTVs), also known as side-by-sides, are popular for both work and recreation—but they can be costly. Buy Here Pay Here (BHPH) UTV dealers offer in-house financing, making it easier for buyers with poor or no credit. This article explores how BHPH works, its benefits and drawbacks, and how it compares to traditional financing.

How Buy Here Pay Here UTV Dealerships Operate

BHPH UTV dealerships differ from traditional ones mainly in how they handle financing. Rather than relying on third-party lenders, BHPH dealers offer in-house financing—meaning the dealership sets the loan terms, interest rates, and payment schedules. The process typically includes:

-Minimal or no credit checks, helping those with poor or limited credit qualify.

-Direct payment arrangements with the dealership, often requiring in-person or online payments.

-Shorter loan terms and higher interest rates than traditional loans.

-Larger down payments to reduce the dealership’s risk.

Because the dealership bears more financial risk, they may also add conditions like installing GPS trackers on the UTV or enforcing quick repossession if payments are missed.

Advantages of Buy Here Pay Here UTV Dealerships

Accessibility: BHPH dealerships are often willing to work with buyers who have been denied elsewhere due to poor or limited credit.

Simplicity: The in-house financing process is straightforward, often allowing buyers to take home a UTV the same day.

Flexible Payment Options: Weekly or bi-weekly payment plans can make budgeting easier for many buyers.

Credit Building Opportunity: Some BHPH dealers report payments to credit bureaus, helping buyers build or repair credit over time.

Drawbacks and Considerations

Higher Interest Rates: BHPH loans often have higher interest rates, increasing the overall cost of the UTV.

Shorter Loan Terms: Repayment periods are shorter, which can lead to higher monthly payments.

Strict Payment Policies: Missing a payment may result in fast repossession, since the dealer controls the vehicle directly.

Limited Inventory: These dealerships may have fewer UTV models available compared to larger traditional powersports dealers.

Comparison Table: Buy Here Pay Here vs. Traditional UTV Dealerships vs. Online UTV Marketplaces

Buy Here Pay Here (BHPH) UTV dealerships offer in-house, direct financing with minimal or no credit checks. Interest rates are typically high, ranging from 15% to 29%. These dealerships often have limited inventory and flexible payment schedules, including weekly, bi-weekly, or monthly plans. Examples include RideNow Powersports, Texas UTV, and Performance East Inc.

Traditional UTV dealerships work with banks, credit unions, or manufacturer financing programs and usually require a credit check. Interest rates are lower, typically between 5% and 12%. They offer an extensive selection of vehicles and standard monthly payment plans. Notable examples include Polaris of Gainesville, Bert's Mega Mall, and Mountain Motorsports.

Online UTV marketplaces connect buyers with third-party lenders or cash purchase options. Credit check requirements and interest rates vary depending on the lender, but competitive rates may be available. Inventory is typically nationwide and very large, with monthly payments if financing is used. Examples include ATV Trader, Cycle Trader, and eBay Motors.

Key Factors to Consider Before Choosing a BHPH UTV Dealership

Reputation and Transparency: Investigate the dealership’s reputation by checking online reviews, Better Business Bureau (BBB) ratings, and customer feedback.

Loan Terms: Review all loan details carefully, including interest rates, payment schedules, and the total cost. Ask the dealer to provide a full itemized breakdown of any fees or additional charges.

Inventory Quality: Inspect the UTVs thoroughly for wear and performance. Request a vehicle history report if available, especially since some BHPH dealers may offer used or older models.

Reporting to Credit Bureaus: If rebuilding credit is important, confirm whether the dealership reports your payments to major credit bureaus.

Return and Repossession Policies: Fully understand what happens if payments are missed and how the dealership handles repossession or early returns.

Popular Buy Here Pay Here UTV Dealerships in the US

RideNow Powersports: With locations across several states, RideNow offers in-house financing on a wide selection of UTV brands, including Polaris, Can-Am, and Honda.

Texas UTV: Specializing in both new and pre-owned UTVs, Texas UTV provides flexible payment options and caters to buyers with a range of credit backgrounds.

Performance East Inc.: Located in North Carolina, this dealership offers BHPH financing on a variety of UTVs and is known for its focus on customer service and transparency.

Buy Here Pay Here UTV dealerships offer a valuable financing alternative for buyers who may not qualify for traditional loans. While these dealerships provide convenience and broader access, it’s important to weigh the trade-offs—such as higher costs and stricter payment terms. By thoroughly researching dealers, understanding financing conditions, and comparing available options, buyers can make smart decisions and enjoy the performance and practicality that UTV ownership brings.