Used Car Sales
BMW AG announced that it will be making three new models in China this week, significantly increasing its production in the region. The German carmaker said these new models would increase the number of models it manufactures in the world’s largest auto market to Six from three
Showing posts with label sell notes. Show all posts
Showing posts with label sell notes. Show all posts
Tuesday, July 22, 2014
Sonic Breaks Used Sales Record Hits Goal of 100 Units Per Store
Used Car Sales
CHARLOTTE, N.C. — As the public dealer groups began reporting their second-quarter performances in full force, Sonic Automotive revealed it reached an all-time high for used sales.
The company sold a record 28,514 pre-owned units in Q2.
Pre-owned units sales per store per month were up, as well, reaching 100 units in May and 93 units for the second quarter as a whole.
CHARLOTTE, N.C. — As the public dealer groups began reporting their second-quarter performances in full force, Sonic Automotive revealed it reached an all-time high for used sales.
The company sold a record 28,514 pre-owned units in Q2.
Pre-owned units sales per store per month were up, as well, reaching 100 units in May and 93 units for the second quarter as a whole.
Monday, July 21, 2014
Turn Your Auto Notes Into Cash!
Sales of new cars and trucks from the Detroit automakers were stronger than expected.
All three beat expectations with Chrysler showing a bigger-than-forecast 9.2% gain, Ford showing a shallower-than-forecast 5.8% dip and General Motors overcoming more recalls to eke out a 1% gain instead of a predicted drop in sales vs. last June.
2015 Dodge Challenger Hellcat Production Limits May Cause Massive Markups - Torque News
http://news.google.com Mon, 21 Jul 2014 16:39:49 GMT
Precedent setting year for vehicle recalls - www.insidebrockville.com/
http://news.google.com Thu, 17 Jul 2014 18:38:50 GMT
Precedent setting year for vehicle recallswww.insidebrockville.com/Recalls are still in the news with more GM, Ford, Chrysler, and Subaru recalls being announced. Most carmakers offer a ... No matter what you drive, make sure your auto maker has your ...
Friday, June 27, 2014
CFPB Interest In BHPH Dealers Growing
The Consumer Financial Protection Bureau is intensifying its regulatory aim at this industry. Recently during a panel discussion at the National Alliance of Buy-Here, Pay-Here Dealers last month in Las Vegas.
Rick Hackett offered a strong warning. The Consumer Financial Protection Bureau is intensifying its regulatory aim at this industry. And Hackett should know; he spent about two years at the CFPB before officially joining Hudson Cook in March.
The bureau focuses on the risk of a product to consumers,” Hackett said during a panel discussion during the National Conference hosted by the National Alliance of Buy-Here, Pay-Here Dealers last month in Las Vegas.
“Buy-here, pay-here is viewed as a high risk product because it’s expensive and it’s given to folks whose financial lives are relatively volatile, and therefore, it’s a risky situation from the perspective of consumer outcomes,” continued Hackett, who formerly was the head of the Office of Installment and Liquidity Lending Markets in the Division of Research, Markets and Regulations at the CFPB. His responsibilities at the bureau included advising all of the regulator’s divisions with respect to market information and policy issues in the installment and specialty lending areas, including vehicle finance, student lending and payday lending.
You can read more here
Rick Hackett offered a strong warning. The Consumer Financial Protection Bureau is intensifying its regulatory aim at this industry. And Hackett should know; he spent about two years at the CFPB before officially joining Hudson Cook in March.
The bureau focuses on the risk of a product to consumers,” Hackett said during a panel discussion during the National Conference hosted by the National Alliance of Buy-Here, Pay-Here Dealers last month in Las Vegas.
“Buy-here, pay-here is viewed as a high risk product because it’s expensive and it’s given to folks whose financial lives are relatively volatile, and therefore, it’s a risky situation from the perspective of consumer outcomes,” continued Hackett, who formerly was the head of the Office of Installment and Liquidity Lending Markets in the Division of Research, Markets and Regulations at the CFPB. His responsibilities at the bureau included advising all of the regulator’s divisions with respect to market information and policy issues in the installment and specialty lending areas, including vehicle finance, student lending and payday lending.
You can read more here
At Financial Solutions we Turn Auto Notes Into Cash!!
Give us a call 615-414-6708
Thursday, April 24, 2014
GO Financial completed the sale of a substantial equity interest in GO Financial to Manheim today
Subprime auto finance company GO Financial completed the sale of a substantial equity interest in GO Financial to Manheim today, furthering connecting the dealer-support efforts of GO Financial and NextGear Capital.
GO Financial is now majority owned by DriveTime chairman Ernie Garcia and DriveTime president and chief executive officer Ray Fidel and minority owned by Manheim. NextGear Capital still is wholly owned by Manheim.
- See more at: http://www.autoremarketing.com
GO Financial is now majority owned by DriveTime chairman Ernie Garcia and DriveTime president and chief executive officer Ray Fidel and minority owned by Manheim. NextGear Capital still is wholly owned by Manheim.
- See more at: http://www.autoremarketing.com
Thursday, March 20, 2014
Establishing the Market Value of a BHPH Auto Note
Establishing the Market Value of a BHPH Auto Note
BHPH Notes
•Every note, or contract has a unique market value.
•The market value of a note is the highest cash price an informed and proactive seller can sell it for on the open market.
•The market value of a note will be somewhat less than the outstanding principal balance remaining on it.
•The market value of a note is inversely related to the general interest rate environment.
•There are a number of important factors that determine the market value of a note.
◦The type of collateral
◦The value of the collateral
◦The amount of owner’s down payment
◦The current note balance
◦The interest rate
◦The number of payments made and remaining
◦Your experience receiving payments
http://sellautonotes.com/
BHPH Notes
•Every note, or contract has a unique market value.
•The market value of a note is the highest cash price an informed and proactive seller can sell it for on the open market.
•The market value of a note will be somewhat less than the outstanding principal balance remaining on it.
•The market value of a note is inversely related to the general interest rate environment.
•There are a number of important factors that determine the market value of a note.
◦The type of collateral
◦The value of the collateral
◦The amount of owner’s down payment
◦The current note balance
◦The interest rate
◦The number of payments made and remaining
◦Your experience receiving payments
http://sellautonotes.com/
Monday, March 17, 2014
CFPB Names Assistant Director
The Consumer Financial Protection Bureau has named an assistant director for the division that oversees auto finance.
Jeffrey Langer has joined the CFPB as the assistant director of installment and liquidity lending markets in the Bureau’s Research, Markets, and Regulations Division.
sellautonotes.com
Jeffrey Langer has joined the CFPB as the assistant director of installment and liquidity lending markets in the Bureau’s Research, Markets, and Regulations Division.
sellautonotes.com
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