Buying Discounted Car Notes -

: Always confirm the borrower’s job stability, residency, and the presence of a functional GPS tracking/kill switch on the vehicle.

: Investors must vet dealers heavily; "shady" operators may sell notes on vehicles with mechanical issues or poor titles. Investment Criteria buying discounted car notes

: Unlike real estate, vehicles are depreciating assets. If a car is repossessed, it is rarely in good condition and requires repairs before resale. : Always confirm the borrower’s job stability, residency,

For further research on the risks and legalities of auto financing, the FTC's CARS Rule provides guidance on consumer protection and dealership transparency. What to Know When Buying a New Car - Consumer Reports If a car is repossessed, it is rarely

: Approximately 10% of subprime car notes result in repossession, requiring a robust recovery strategy.

: Investors can purchase notes at a percentage of face value, potentially yielding effective annual percentage rates (APRs) of 15% to 30% or higher.