Would you like to sell or borrow against the subprime, BHPH loans or leases your dealership originates? A few loans or leases now and then, or bulk sale? Do you need an affordable line of credit for your dealership? Would you like us to help you sell more cars? (No, that’s not a trick question.) [...]
That’s right. It’s no typo. If you want a comprehensive, live! (real-time) vehicle history report for you or your customer, all you have to do is click on the “Vehicle History Reports” button at the top of the screen. Go ahead. Read the page and, if it’s your first time, print the sample reports for [...]
Advance rates for subprime, BHPH installment sales contracts typically range from 60 to 80 percent of performing principal balances depending upon three factors: – Seasoning, how long the customer has been making payments. – The credit worthiness of the customer and quality of the vehicle he or she has purchased. – Whether or not you [...]
Maybe you’re wondering what, exactly, we’re talking about when we say we finance dealers. Well, it’s simple. Our primary way of helping you is buying loans (installment sales contracts) or leases you originate for your customers which is most of what the posts on this blog talk about. Your objective is getting the highest possible [...]
Everything you can do to reduce the risk a buyer or lender takes when they fund a contract you originate justifies a higher price for that contract. Let’s talk about installment sales contracts, but the logic applies to leases as well. Buyers and lenders are going to advance you a percentage of the principal balance [...]
Ever wonder what your customers know about pricing and the cars they might want to buy? Well, maybe these links will help you find out and help you avoid over- or under-pricing your inventory. They’ll probably start by shopping around, checking personal and other dealer ads in your local paper and by looking at Craig’s [...]
As you know, lines of credit for used car dealers are difficult to arrange, and that’s putting it mildly. Most banks don’t understand the used car business and care even less about subprime auto finance as a market. From their point of view, the risks are too high for the relatively low returns they are [...]
…you should fill out our “Contact Us” form. Here’s why… – Filling out our Contact Us form will open a file for your dealership and that will save time when you do need money. - Filling out our Contact Us form will make you eligible to receive referrals when customers contact us asking for help [...]
“Hold on a minute,” you’re saying to yourself, “I’m busy out of mind. Before I read all this and start filling out forms, isn’t there a get-right-to-the-point something I can do to see if you’re really interested in my contracts?” Sure. If you’re pressed for time and/or need money as soon as possible, just click [...]
1. Press the “Contact Us” button at the top of the screen. Call or email us, or fill out and submit our contact form. If you’re in no particular hurry, that’s all you need to do. On the other hand, if you’re ready to go and this is the first time we’ve done business: 2. [...]
Would you like to sell or borrow against the subprime, BHPH loans or leases your dealership originates? A few loans or leases now and then, or bulk sale? Do you need an affordable line of credit for your dealership? Would you like us to help you sell more cars? (No, that’s not a trick question.) [...]
That’s right. It’s no typo. If you want a comprehensive, live! (real-time) vehicle history report for you or your customer, all you have to do is click on the “Vehicle History Reports” button at the top of the screen. Go ahead. Read the page and, if it’s your first time, print the sample reports for [...]
Advance rates for subprime, BHPH installment sales contracts typically range from 60 to 80 percent of performing principal balances depending upon three factors: – Seasoning, how long the customer has been making payments. – The credit worthiness of the customer and quality of the vehicle he or she has purchased. – Whether or not you [...]
Maybe you’re wondering what, exactly, we’re talking about when we say we finance dealers. Well, it’s simple. Our primary way of helping you is buying loans (installment sales contracts) or leases you originate for your customers which is most of what the posts on this blog talk about. Your objective is getting the highest possible [...]
Everything you can do to reduce the risk a buyer or lender takes when they fund a contract you originate justifies a higher price for that contract. Let’s talk about installment sales contracts, but the logic applies to leases as well. Buyers and lenders are going to advance you a percentage of the principal balance [...]
Ever wonder what your customers know about pricing and the cars they might want to buy? Well, maybe these links will help you find out and help you avoid over- or under-pricing your inventory. They’ll probably start by shopping around, checking personal and other dealer ads in your local paper and by looking at Craig’s [...]
As you know, lines of credit for used car dealers are difficult to arrange, and that’s putting it mildly. Most banks don’t understand the used car business and care even less about subprime auto finance as a market. From their point of view, the risks are too high for the relatively low returns they are [...]
…you should fill out our “Contact Us” form. Here’s why… – Filling out our Contact Us form will open a file for your dealership and that will save time when you do need money. - Filling out our Contact Us form will make you eligible to receive referrals when customers contact us asking for help [...]
“Hold on a minute,” you’re saying to yourself, “I’m busy out of mind. Before I read all this and start filling out forms, isn’t there a get-right-to-the-point something I can do to see if you’re really interested in my contracts?” Sure. If you’re pressed for time and/or need money as soon as possible, just click [...]
1. Press the “Contact Us” button at the top of the screen. Call or email us, or fill out and submit our contact form. If you’re in no particular hurry, that’s all you need to do. On the other hand, if you’re ready to go and this is the first time we’ve done business: 2. [...]