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Why should dealers sell their auto notes in bulk?
Posted: Jan 25, 2020
Maybe you need to pay off your debts or medical bills, or finance personal purchases and needs like buying a home or a car, taking a vacation or planning a wedding, but whatever you need cash flow for, it can be difficult at times to find a source of reliable income. Everyone needs access to their money – sometimes even just for the sake of financial security and peace of mind – without having to worry about where their next paycheck is coming from.
For auto lot dealership owners, it can be hard to keep the cash flowing in an uncertain economy and in the current sub-prime market. Many auto dealers choose to offer auto loan notes as an alternative payment method during sales transactions to allow their potential customers to make payments on their purchase in installments, which can be a great option for buyers who don’t have the full cash amount on hand to pay upfront. However, this can leave the dealer with a reduced income on a regular basis – and when a dealer gets to the point of having a relatively large portfolio of bulk auto loan notes, it can be hard to find sellers.
As an auto dealer with a considerable portfolio of auto notes, you may simply not want to have to worry about the stresses and hassles of collection, liquidity, or the financial ability of the buyers to make payments and fulfil their debts to you. For these reasons, selling your auto notes in bulk can be a fantastic solution.
Another incentive for selling in bulk and getting immediate cash payouts in the full amount of the debt value is inflation – inflation decreases the potential future buying power of your money, so receiving incremental payments of smaller amounts over an extended period of time means you will end up getting less value for the money you make. Finding a source for a one-time, lump sum cash payout upfront increases the buying power of your money and gives you the stability you need.
Dealer Capital is an industry-leader in dealership financing, specializing in buying bulk auto note loan portfolios. We offer highly flexible programs and payment plans to suit your individual needs, so no matter the size or value of your portfolio, we will find you the perfect deal. Our expertly-trained agents work with the top investors in the current buying market, from private investors, to financing companies and banks across the country. Dealer Capital makes competitive offers for top dollar sales on your bulk auto loan notes, to increase your immediate cash flow and provide dealers with financial security in times of uncertainty.
Dealer Capital has no restrictions on minimum or maximum portfolio sizes, nor frequency of payments, mileage, vehicle types, salvaged or rebuilt titles, or lease portfolios. With no reserve and no recourse programs, free quotes, and quick approvals, the experienced sales team at Dealer Capital can help you liquidate your entire portfolio, so you don’t have to worry about keeping your dealership running smoothly.
About the Author
Dealer Capital is your one-stop shop for the most superior cash flow products and services available nationwide. Contact us today at (877) 255-9980.
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