Resources for Wholesaling?

lonestarmotorcars · 02-15-2010, 11:16 PM

Hi everyone,

I am new in the car dealer business (about a year now) and I have been trying to find out some more information on selling my accounts to a bank who is willing to buy them. Does anyone know of a good resource that will give me more information on this? I have tried searching on Google but I have had no luck. Thanks in advance for the help.

John A.

dealershipexpert · 03-07-2010, 02:53 PM

Do you currently carry the notes, and if yes, do you have the payment history documented?

john_miton · 04-21-2010, 11:53 AM

Quote:

Originally Posted by lonestarmotorcars

Hi everyone,

I am new in the car dealer business (about a year now) and I have been trying to find out some more information on selling my accounts to a bank who is willing to buy them. Does anyone know of a good resource that will give me more information on this? I have tried searching on Google but I have had no luck. Thanks in advance for the help.

John A.

you can not find this on google. by the bank you can get the information about your account.

dvdslw · 07-24-2010, 12:39 PM

I have been out of the buisness for a couple years now but remember that AFC or MAFS were doing just that. I never had personal experience with them but it could be worth a look.