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Tuesday, July 26, 2011

Sell Car Paper | We Buy Car Notes | Turn Your Auto Notes Into Cash

Are you an independent auto dealer thats does guy here, pay here? Could you use some extra cash to buy more inventory or just need help meeting expenses. Did you know that you can sell some of your car notes and recieve money right away, with out getting a loan or incurring new debt? Well you can, call us and let us show how we can ulock the cash in your auto notes.

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Sunday, July 10, 2011

Experts See No Bubble In Used Car Prices

Experts say there is no used-car bubble, even as wholesale prices hit a record high last month. the Manheim UVVI index increased 5.6 percent over last year.

Read more at http://usedcarnews.com

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Thursday, June 09, 2011

Sell Auto Notes - We Turn auto Notes Into Cash

Sell Auto Notes

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Sunday, April 24, 2011

Automakers have been launching more fuel-efficient models

Automakers have been launching more fuel-efficient models this week at the New York International Auto Show – the idea being luring more budget-minded consumers into showrooms as gas prices continue to climb. Several of the launches are compact and subcompact models getting 20% to 30% more fuel efficiency than previous versions, and large vehicle entries with emphasis on fuel economy.


The Detroit News, April 21, 2011

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Friday, September 10, 2010

Report: Car accidents cost America nearly $100B a year

Report: Car accidents cost America nearly $100B a yearVehicle accidents cost the U.S. about $99 billion a year, according to federal statistics. That is the equivalent of $500 per driver. Male drivers are responsible for about three-quarters of that expense and represent about 70% of the 40,000 or so Americans killed annually in such accidents. The New York Times

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U.S. auto sales plunge 21%

U.S. auto sales plunge 21%, triggering talk of more stimulus
Plunging sales led auto industry executives to start talking about a need for additional stimulus, but most doubt a measure to help automakers would get through Congress before the November midterm election. Auto sales across the U.S. fell 21% in August compared with the same month last year. Analysts said the drop reflects the sluggish pace of economic recovery and the expiration of the "Cash for Clunkers" rebate. Detroit Free Press

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Wednesday, June 23, 2010

Wholesale prices are moving downward at last

Wholesale prices are moving downward at last.
Value guide Black Book the largest number of average daily adjustments since the week ending March 19, when the count was 2237 per day. At 1826 average per day the week of June 21, this was 169 percent greater than the prior week of 1083.The changes in value were evenly split between decliners and advancers. The half that advanced rose by an average of $106. The downward changes were greater, so the overall change in the adjustments came in at just less than $10 lower. This is an improvement over the previous week decline of $29.All 10 car segments

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Tuesday, June 22, 2010

CPI Rises for Used Cars

CPI Rises for Used Cars
The Consumer Price Index for All Urban Consumers declined 0.2 percent in May on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported. Over the last 12 months, the index increased 2.0 percent before seasonal adjustment.

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Friday, June 04, 2010

How Will Mercury Discontinuation Impact Used Values?

Ford's decision to stop producing Mercury vehicles and wind down the 71-year-old brand marks the end of an era for the automaker, but don't expect too much change on the used-vehicle value front for the Mercury brand.


Read the rest here Story

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Wednesday, April 21, 2010

The Years Top Ten Green Cars

IRVINE, Calif. — With Earth Day 2010 coming on Thursday, the editors from Kelley Blue Book decided to reveal their selections of this year's Top 10 Green Cars. The newest version includes a mix of domestic and foreign brands with some vehicles using either hybrid or clean-diesel technology.

Find out the top ten cars at http://kbb.com

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Monday, April 05, 2010

Polk Finds Fewer Cars on the Road

The number of cars and light trucks scrapped in the past 15 months substantially outnumbers new vehicle registrations in the U.S. during the same period, according to a recent analysis by R. L. Polk & Co. More than 14.8 million cars and light trucks were retired from the fleet between July 1, 2008 and Sept. 30, 2009, compared to new registrations of slightly more than 13.6 million, resulting in an overall scrap rate of 6.1 percent. This includes thousands of units scrapped during last year's CARS program, known as 'Cash for Clunkers,' and follows a trend seen by Polk over the past five years.

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Tuesday, April 07, 2009

New FICO Scores Could Predict Up to 15% More in Auto Loan Delinquencies

MINNEAPOLIS — FICO recently announced the release of its newest scores, which are targeted specifically for the auto lending and bankcard industries. Credit reporting agency TransUnion is making the scores available to lenders and issuers under the names FICO Risk Score, Classic Auto 08 and FICO Risk Score, Classic Bankcard 08.

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Tuesday, February 24, 2009

Sell Your auto Portfolio

Are you selling cars and running out of cash? Sell your seasoned auto notes and free up some cash to buy much needed inventory.

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Wednesday, June 25, 2008

Turn Your Auto Notes Into Cash

Turn Your Auto Notes Into Cash

There are many benefits to working with Financial Solutions. Here are just a few:
Increase inventory
Raise capital
Turn profits earlier
Ease workload
Eliminate time and risk

Most successful dealers who set the pace, as far as net profits, know the value of selling their auto accounts receivables. It just makes sense to sell.
Capture your profits much earlier
Sell more cars
It's like a credit line without the hassle or interest
Minimize exposure to time risk
Why wait for money tomorrow when you can have it today! At Financial Solutions we can help your dealership minimize exposure to losses and help you maximize net profits.

Call us today 615-414-6708

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.

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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

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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

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Saturday, February 17, 2007

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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

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

Read Quotes

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

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Saturday, February 10, 2007

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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

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Saturday, February 03, 2007

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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
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www.autobulk.com