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Financial Solutions- We Turn Auto Notes Into Cash!
615-414-6708
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615-414-6708
http://autobulk.com
Tuesday, August 14, 2007
Turn Your Auto Notes Into CASH!!
Buy Here Pay Here Dealers- We turn auto notes, auto paper, bulk portfolios into cash. Before you know it tax time will be here. Why not sell your seasoned auto portfolio for cash to buy new inventory now. Cars will be more expensive in the middle of tax return season. We can handle small auto portfolios of 10 or much larger pools in the millions. Fast turnaround time and quick funding.
Give us a call for a free portfolio evaluation.
Give us a call for a free portfolio evaluation.
Thursday, April 19, 2007
We Pay Top Dollar for Auto Paper
FORD VEHICLES COMPARABLE TO TOYOTA, NISSAN IN QUALITY, STUDY SAYS:
Consumers might not believe it yet, but the quality of Ford, Lincoln and Mercury vehicles is about the same as that of Toyota and Nissan, according to the first- quarter 2007 model-year Global Quality Research System report by the RDA Group, a market research firm based in Bloomfield Hills. Ford, Lincoln, Mercury brand vehicles had 1,456 problems per 1,000 vehicles, compared with Nissan, which had 1,457 and Toyota, which had 1,453.
Detroit Free Press, April 18, 2007
Consumers might not believe it yet, but the quality of Ford, Lincoln and Mercury vehicles is about the same as that of Toyota and Nissan, according to the first- quarter 2007 model-year Global Quality Research System report by the RDA Group, a market research firm based in Bloomfield Hills. Ford, Lincoln, Mercury brand vehicles had 1,456 problems per 1,000 vehicles, compared with Nissan, which had 1,457 and Toyota, which had 1,453.
Detroit Free Press, April 18, 2007
Get Top Dollar For Your Auto Notes
Call us Today 615-414-6708
Tuesday, February 27, 2007
BHPH
BHPH Consultant Says Confusion over IRS Document Threatens Note Deals
Situation
Creditors could have problems w/ debt discharges on IRS 1099-C form
Says Ken Shilson, founder of National Buy-Here, Pay-Here Dealers
2006 rules raises questions if recovery activity can continue if form is filed
Significant Points
BHPH dealers who don't sell paper not affected
Only concerns creditors who purchased dealer paper
When creditor writes off bad debt, consumer must report amount as income
Sometimes IRS completely eliminates debt, prohibits further recovery action
Suggests dealers consult tax attorney to determine if they must report 1099-C
Also whether or not collection rights are surrendered
Read Quotes Click Here for Full Digest and Source Article:
http://www.automotivedigest.com/view_art.asp?articlesID=21584
Sourced From: Used Car News, February 19, 2007
Situation
Creditors could have problems w/ debt discharges on IRS 1099-C form
Says Ken Shilson, founder of National Buy-Here, Pay-Here Dealers
2006 rules raises questions if recovery activity can continue if form is filed
Significant Points
BHPH dealers who don't sell paper not affected
Only concerns creditors who purchased dealer paper
When creditor writes off bad debt, consumer must report amount as income
Sometimes IRS completely eliminates debt, prohibits further recovery action
Suggests dealers consult tax attorney to determine if they must report 1099-C
Also whether or not collection rights are surrendered
Read Quotes Click Here for Full Digest and Source Article:
http://www.automotivedigest.com/view_art.asp?articlesID=21584
Sourced From: Used Car News, February 19, 2007
We Turn Auto Notes In To Cash! Call us today 615-414-6708
Get Top Dollar for Your Auto Paper
Saturday, February 17, 2007
Turn Your Auto Notes Into CASH!!
Finance Companies Still Wary of Independent Dealers
Situation
Finance companies, independent dealers discussed state of relations at National Automotive Finance Association conference
Credit companies still favor franchise dealers over independents
Independents seeking credit advised to tighten applicant screening
Focus more on financing vehicles than selling vehicles
Make sure they send right applicants to right finance companies
Significant Points
Drop in bankruptcies has reduced finance company losses
Companies reaching out to independent dealers in quest for business
But still worry about stability of independents
Situation
Finance companies, independent dealers discussed state of relations at National Automotive Finance Association conference
Credit companies still favor franchise dealers over independents
Independents seeking credit advised to tighten applicant screening
Focus more on financing vehicles than selling vehicles
Make sure they send right applicants to right finance companies
Significant Points
Drop in bankruptcies has reduced finance company losses
Companies reaching out to independent dealers in quest for business
But still worry about stability of independents
Say it's too easy for independents to just close up shop
Independents need to improve/streamline application process
Finance companies avoid dealers who waste their time
Click Here for Full Digest and Source Article:
http://www.automotivedigest.com/view_art.asp?articlesID=21464
Sourced From: Used Car News, February 5, 2007
Get Top Dollar For Your Buy Here Pay Here Auto Paper
615-414-6708
www.autobulk.com
Saturday, February 10, 2007
Turn Your Auto Notes Into CASH!!
LATE BREAKING NEWS TOYOTA, GM TOP LIST FOR BEST OVERALL VALUE: Toyota Motor Corp. offers consumers the best selection of vehicles that retain their value over time and feature other ownership cost benefits, according to awards that will be announced today at the Chicago Auto Show. Toyota received 11 "Best Overall Value of the Year" awards, handed out by IntelliChoice.com, a car-shopping Web site. Lexus, Toyota's luxury brand, grabbed seven awards. General Motors Corp.'s Chevrolet brand came in a close second, with 10 awards, led by its new Silverado truck. Wall Street Journal
CHANGING THE FIVE HUNDRED TO TAURUS SHOWS MULALLY GETS FORD: If Alan Mulally hadn't stepped out of a Boeing jetliner, I'd be tempted to say he came down from the mount, sent to lead Ford from the wasteland with one simple command: "Tell me why." As in this question: "Why did we squander two decades of name recognition and millions of customers' loyalty by killing the Taurus name?" Detroit Free Press
TOP EXEC SAYS GM WILL STAY THE COURSE: General Motors Corp. won't budge from its strategy of reducing rebates and other incentives just because it saw a steep sales drop in January, a top executive said Saturday. GM's sales were off 16.6 percent compared with January 2006, but the company will continue its efforts to raise transaction prices and car resale values, Troy Clarke, GM's North American president, said in an interview. LA Times
ECONOMIC SLOWDOWN IMPACTING RETAIL DEMAND, WHOLESALE PRICES: A slowing economy and weak retail demand combined late last year to cause a year-over-year decline in wholesale vehicle prices in the last two months of 2006 according to the latest issue of Pulse released today by ADESA Analytical Services. The report, which provides a periodic review of economic indicators in the vehicle remarketing industry, also notes that the employee discounts widely available in 2005, also impacted the current vehicle marketplace in several ways. ADESA
MANHEIM CONSULTING RELEASES '07 USED CAR MARKET REPORT: Despite a modest decline in retail used vehicle sales volume in 2006, activity in the wholesale market was at its strongest level in years, Tom Webb, Manheim's chief economist explained this weekend as he unveiled Manheim's 2007 Used Car Market Report at the National Auto Dealers Association's convention. Auto Remarketing
CHANGING THE FIVE HUNDRED TO TAURUS SHOWS MULALLY GETS FORD: If Alan Mulally hadn't stepped out of a Boeing jetliner, I'd be tempted to say he came down from the mount, sent to lead Ford from the wasteland with one simple command: "Tell me why." As in this question: "Why did we squander two decades of name recognition and millions of customers' loyalty by killing the Taurus name?" Detroit Free Press
TOP EXEC SAYS GM WILL STAY THE COURSE: General Motors Corp. won't budge from its strategy of reducing rebates and other incentives just because it saw a steep sales drop in January, a top executive said Saturday. GM's sales were off 16.6 percent compared with January 2006, but the company will continue its efforts to raise transaction prices and car resale values, Troy Clarke, GM's North American president, said in an interview. LA Times
ECONOMIC SLOWDOWN IMPACTING RETAIL DEMAND, WHOLESALE PRICES: A slowing economy and weak retail demand combined late last year to cause a year-over-year decline in wholesale vehicle prices in the last two months of 2006 according to the latest issue of Pulse released today by ADESA Analytical Services. The report, which provides a periodic review of economic indicators in the vehicle remarketing industry, also notes that the employee discounts widely available in 2005, also impacted the current vehicle marketplace in several ways. ADESA
MANHEIM CONSULTING RELEASES '07 USED CAR MARKET REPORT: Despite a modest decline in retail used vehicle sales volume in 2006, activity in the wholesale market was at its strongest level in years, Tom Webb, Manheim's chief economist explained this weekend as he unveiled Manheim's 2007 Used Car Market Report at the National Auto Dealers Association's convention. Auto Remarketing
Turn your Auto Notes Into CASH!!
We get cash for your BHPH Notes
615-414-6708
Saturday, February 03, 2007
Turn Your Auto Notes Into CASH!!
2007 Vehicle Finance Conference and Exposition
Henderson, NV
January 31 - February 2, 2007
J.D. Power and Associates Automotive Roundtable
Las Vegas,NV
February 1-2, 2007 9th
Annual Michigan International Auto
ShowGrand Rapids, MI
February 1-4, 2007
12th Annual Spirit of Leadership Awards
Las Vegas, NV
February 3 - February 3, 2007
NADA Convention and Exposition
Las Vegas, NV
February 3-6, 2007
Visit Calendar of Industry Events for More Information on These Events http://www.automotivedigest.com/calendar.asp?mod=calendar
We turn auto notes into CASH!!
www.autobulk.com
Friday, January 12, 2007
Tax Refunds Key To Extra Sales
Tax Refunds Key To Extra Sales
New year has just begun, and 2007 tax season may be almost over
Retailers competing for consumers' tax refund money
Dealers begin stocking lots for tax season in early fall; consumers start shopping in Oct
Busiest day for Tax Refund Services Tax Max the day after Thanksgiving for processing promissory contracts
Tax Max expected to process 100+ applications each day in Dec
Did 3.5K deals by Nov 30, 2006, compared to 3K by Nov 30, 2005
Significant Points :
Dealers need to get in as quickly as possible
End-of-year activity expected to impact 1st quarter sales
Dealers advertising ability to sell cars using promissory contracts
Selling cars on consumer promise to pay when refund received can be risky
Less than 10% of consumers fail to return; still significant loss to small dealers
More interest from franchise dealers who can take gamble for extra sales
Read QuotesClick Here for Full Digest and Source Article:
http://www.automotivedigest.com/view_art.asp?articlesID=21179
Sourced From: Used Car News, January 1, 2007
New year has just begun, and 2007 tax season may be almost over
Retailers competing for consumers' tax refund money
Dealers begin stocking lots for tax season in early fall; consumers start shopping in Oct
Busiest day for Tax Refund Services Tax Max the day after Thanksgiving for processing promissory contracts
Tax Max expected to process 100+ applications each day in Dec
Did 3.5K deals by Nov 30, 2006, compared to 3K by Nov 30, 2005
Significant Points :
Dealers need to get in as quickly as possible
End-of-year activity expected to impact 1st quarter sales
Dealers advertising ability to sell cars using promissory contracts
Selling cars on consumer promise to pay when refund received can be risky
Less than 10% of consumers fail to return; still significant loss to small dealers
More interest from franchise dealers who can take gamble for extra sales
Read QuotesClick Here for Full Digest and Source Article:
http://www.automotivedigest.com/view_art.asp?articlesID=21179
Sourced From: Used Car News, January 1, 2007
We buy auto paper, turn your auto notes in to cash, call us today.
Financial Solutions
615-414-6708
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