Sell Auto Notes

How to sell Auto Notes and BHPH loans easily and quickly at the highest market price? How to prepare a Masked File, PSA, and Successfully Close?

Find out here!

In-depth Portfolio Analytics

Debexpert analytics team reviews portfolio and provides recommendations how to get the highest price for your debt portfolio.

Request Portfilio Analytics

Portfolio Auction Setup

Debexpert will guide you through the auction setup process and advice auction type, how to divide portfolio into pools and the best time for portfolio selling.

Portfolio PreSale

Debexpert engages the best debt buying companies and do the presale. Debt sellers can monitore all activities on a dashboard online.

Bids from Debt Buyers

Hundreds of companies that buy debt will bid for your portfolio online. Sellers can communicate with buyers on Debexpert loan marketplace.

Close the Deal Online

Auction winner and seller close the deal and sign the contract. Payment will be made directly from the buyer.

Post Sale Service

File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.

Many auto lenders, lenders who sell BHPH notes, and dealerships sell auto notes regularly. Reasons to sell auto notes might include obtaining additional capital to issue new loans, securitization of an existing portfolio, sale of delinquent accounts, or obtaining market benchmarks. The universal solution to all these problems is the trading Debexpert platform, which helps hundreds of bank and non-bank lenders to sell auto notes and to sell BHPH portfolios.

In-depth Portfolio Analytics

Debexpert analytics team reviews portfolio and provides recommendations how to get the highest price for your debt portfolio.

Request Portfilio Analytics

Portfolio Auction Setup

Debexpert will guide you through the auction setup process and advice auction type, how to divide portfolio into pools and the best time for portfolio selling.

Portfolio PreSale

Debexpert engages the best debt buying companies and do the presale. Debt sellers can monitore all activities on a dashboard online.

Bids from Debt Buyers

Hundreds of companies that buy debt will bid for your portfolio online. Sellers can communicate with buyers on Debexpert loan marketplace.

Close the Deal Online

Auction winner and seller close the deal and sign the contract. Payment will be made directly from the buyer.

Post Sale Service

File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.

In-depth Portfolio Analytics

Debexpert analytics team reviews portfolio and provides recommendations how to get the highest price for your debt portfolio.

Request Portfilio Analytics

Portfolio Auction Setup

Debexpert will guide you through the auction setup process and advice auction type, how to divide portfolio into pools and the best time for portfolio selling.

Portfolio PreSale

Debexpert engages the best debt buying companies and do the presale. Debt sellers can monitore all activities on a dashboard online.

Bids from Debt Buyers

Hundreds of companies that buy debt will bid for your portfolio online. Sellers can communicate with buyers on Debexpert loan marketplace.

Close the Deal Online

Auction winner and seller close the deal and sign the contract. Payment will be made directly from the buyer.

Post Sale Service

File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.

Sell your BHPH portfolio with Debexpert

BHPH loans are the most sensitive to the deterioration of the economy, job losses by debtors, and a decrease in the value of the collateral. Therefore, the sale of Buy Here Pay Here loans is a popular way to reduce risks for lenders because it allows fixing the profitability of loans issued and reduces the chances of non-repayment of debt.


The main advantages to sell BHPH notes are:

High level of contact of borrowers for this type of debt

BHPH portfolios are in great demand among debt buyers today, which allows them to get reasonable prices when selling performing and non-performing accounts. Debt buyers believe that the contact data of debtors is higher than that of other loans because the loan issuance and debt payment took place at a specific location. There is a high probability that this debtor will have fresh contact information and his place of residence is near the loan issuance, which will simplify the tax repossession, if necessary.

High price for a debt portfolio

Today, demand for this type of portfolio exceeds the supply, because the share of Buy Here Pay Here loans in the auto loan industry is growing. Debt buyers are happy to consider and buy goods using this type of debt. Suppose institutional debt buyers usually buy auto loans. When companies sell BHPH portfolios, the circle of buyers is broader and includes mid-size retail investors and other BHPH dealerships.

Speed of sale

Debt buyers will understand this product, so in evaluating the portfolio, there are no questions as a rule. Therefore, the transaction can be closed in a few days when using a professional intermediary.

Buy Auto NotesSell Auto Notes

Auto auctions

Why Sell Your Auto Notes?

The most common reason to sell auto notes is to get new liquidity to issue new loans. Or auto loans are sold to save time collecting a non-performing debt.

Let's look at this in more detail:
  • When lenders or dealers face a shortage of funds for new loans, going to the bank is not always possible and profitable, so selling part of the portfolio becomes a beneficial option for the company because for such debt you can get up to 90% of the debt. And the money received can be spent on issuing new loans.
  • You are getting market indicators about the current liquidation value of your portfolio. It can be suitable for understanding how to improve the capitalization of your business.
  • Portfolio sales help lenders and dealers optimize their internal resources to control and collect debt.

Today, hundreds of lenders and dealers sell their auto loan portfolios using a forward flow mechanism (fixing the sale price on loans to be issued in the future), making the business's operating model more predictable and sustainable.

How to prepare for selling auto notes?

Create a masked file

Excel spreadsheet that lists all the accounts that the seller wants to sell auto notes, while sensitive information of borrowers is masked. This is what a masked file means in the debt industry.

Request Portfilio Analytics

Thinking about the sales strategy

Second step before the selling process starts is to decide to sell the entire portfolio or break it down into pools and geography, product types, and stage of delinquency. As a rule, each buyer specializes in a particular kind of geography or debt, so to ensure the maximum price, it is recommended to break portfolios into pools.

Check the availability of original documents of loan contracts

If the media is stored electronically, the sale process and the portfolio price will usually be higher because the buyer can start working with the portfolio immediately after signing the PSA. If the documents are stored in hard copies, then you need to ask to prepare media for sale by putting them in separate boxes.

The preparation of the Purchase Sales Agreement

The contract should reflect the actual terms for closing the transaction, transferring documents, and obligations of the seller and buyer.

The preparation of the Seller's Questionnaire

The last step is the preparation of the Seller's Questionnaire, in which the seller describes the main parameters of the portfolio to be sold. A correctly completed seller's questionnaire will help buyers better understand the portfolio being sold, how it was previously collected, and other features.

Post Sale Service

File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.

We make selling BHPH notes easy

Sellers don't have to be expert debt salespeople to sell BHPH notes at the best price. Debexpert has the unique experience of selling over 700 portfolios a year and a dedicated team that will do all the work for the loan originator. And best of all, Debexpert's platform is free for the seller.

6 Simple Steps to Turn Your Auto Loan Portfolio into Cash

Debt Portfolio Analysis

The Debexpert team, will show you how to upload your portfolio from the system. After that, our analysts will perform an in-depth analysis and tell you about the strengths and weaknesses and market prices for similar portfolios.

Request Portfilio Analytics

Sale Strategy

To maximize the return on the portfolio, you need to develop a selling strategy, namely whether to sell the portfolio as a whole or break it up into parts. How to group accounts by type of debt, what kind of sale to choose: Sealed Bid, English, Hybrid. When to publish your portfolio and how much time to give buyers for analysis. When selling, all these questions need to be considered, and the Debexpert team will be your best helper.

Presale

The best sales results can be achieved if the buyers know about the portfolio sale, get answers to all their questions, and provide their offer in time.

Buyer Competition

Debexpert has over 500 debt buyers who bid online, thus ensuring the maximum price for their debt portfolio.

Close the deal

It is essential to use the right sales template for a successful sale and to sign it quickly with the buyer. Using a Debexpert Purchase Sale Agreement, the lender and debt buyer will always be protected, and electronic workflow will allow the contract to be signed within minutes.

Post Sale

After the sale, the buyer may have questions about the documents or the specific debtor,— it's most convenient to answer questions and pass on additional information using the CRM system of Debexpert.

Testimonials

We have hundreds of satisfied sellers and buyers. Some of their testimonials are below:

Awesome Experience Working with Great Debexpert Group

"Very happy to work together with Debexpert group specially Henry with excellent clients service and they teamwork is very professional, helpful and knowledgeable they goes the extra mile to close for any of the clients. I really admire his work ethics. He is very hardworking and always has answer to our questions .Best part he’s always available to help. I would highly recommend they services. Thank you"

Wonderful communication and support

"Wonderful communication and support. I have always had all of my questions answered quickly, and everyone has been accommodating to make the process as easy as possible. I always look forward to seeing the new offerings, and am excited to be building a relationship with a great company!"

P_F

Professional

"Professional, fair, and goes the extra mile to close note purchases-especially important when dealing with unrealistic/difficult sellers."

Larry Nein

Great experience dealing with Henry Arora

"Henry is the Business Development rep assigned to our small boutique real estate investment firm. Henry is great with follow-up and answering any and all questions I have. We have been very pleased with both your platform and Henry's service and "can do" approach."

Al Curiel

Rep at debexpert.com makes working with the platform easy

"Our rep at debexpert.com has always been very proactively communicative, reaching out to make sure we are aware of trades that fit our buying box and easily accessible to answer questions and help facilitate the process."

Customer

What debt are we selling?

We specialize in consumer debt portfolios, real estate notes , medical, student debt and credit card loans.

Awesome Experience Working with Great Debexpert Group

"Very happy to work together with Debexpert group specially Henry with excellent clients service and they teamwork is very professional, helpful and knowledgeable they goes the extra mile to close for any of the clients. I really admire his work ethics. He is very hardworking and always has answer to our questions .Best part he’s always available to help. I would highly recommend they services. Thank you"

Awesome Experience Working with Great Debexpert Group

Wonderful communication and supportWonderful communication and support. I have always had all of my questions answered quickly, and everyone has been accommodating to make the process as easy as possible. I always look forward to seeing the new offerings, and am excited to be building a relationship with a great company!

Wonderful communication and support

"Wonderful communication and support. I have always had all of my questions answered quickly, and everyone has been accommodating to make the process as easy as possible. I always look forward to seeing the new offerings, and am excited to be building a relationship with a great company!"

P_F

Awesome Experience Working with Great Debexpert Group

"I gave Debexpert 5 stars because they have excellent client service. They know their customers and check with them to make sure they have seen product that fits their criteria. Hitansh has been very helpful and knowledgeable."

Professional

"Professional, fair, and goes the extra mile to close note purchases-especially important when dealing with unrealistic/difficult sellers."

Larry Nein

Great experience dealing with Henry Arora

"Henry is the Business Development rep assigned to our small boutique real estate investment firm. Henry is great with follow-up and answering any and all questions I have. We have been very pleased with both your platform and Henry's service and "can do" approach."

Al Curiel

Looking For Auto Note Buyers?  Let's discuss!

Frequently Asked Questions

Auto Notes and BHPH loans

Do Banks Buy Promissory Notes?
Auto Loan Portfolio Sale Example
What Are the Benefits of Selling Your Auto Notes?
Why Are Buy Here Pay Here Loans Sold?
What Is an Auto Loan Portfolio Sale?
How to Sell Auto Notes?
See all Frequently Asked Questions

What Is an Auto Loan Portfolio Sale?

An Auto Loan Portfolio Sale transfers the title to a debt buyer for auto loan accounts. Auto Loan Portfolio Sale can be either performing or charged-off accounts sale.

Why Are Buy Here Pay Here Loans Sold?

Buy Here Pay Here Loans are sold to securitize existing debt portfolios, make cash injections to originate new loans, improve business ratios or optimize operational processes. Reasons may differ for each lender but can be resolved by selling a debt portfolio.

What Are the Benefits of Selling Your Auto Loans?

Selling Your Auto Notes benefits lenders because it helps get money back into the company to issue new loans.

Auto Loan Portfolio Sale Example

Auto Loan Portfolio Sale can be performing, charged-offs, or auto deficiencies. Examples can be found on our website. https://www.debexpert.com/auctions

How Long Does the Purchase Process Take?

The buying process takes several days, during which buyers analyze the portfolio, decide on the price of the debt portfolio, and make offers to the seller.

We have the best loans

Past Auto Debt Portfolios for Sale

Debt portfolio for sale: $475K Performing Auto Loans from Marathon L2Y Acquisitions, INC DBA Lot2you Finance. Total debt: $475553
January 26, 2023
Marathon L2Y Acquisitions, INC DBA Lot2you Finance
Debt portfolio for sale: $116K Performing Auto Loans from Kevin's Classic Cars. Total debt: $116760
January 18, 2023
Kevin's Classic Cars
Debt portfolio for sale: $2.6M Performing Auto Loans from Marathon L2Y Acquisitions, INC DBA Lot2you Finance. Total debt: $2662238
December 21, 2022
Marathon L2Y Acquisitions, INC DBA Lot2you Finance
Debt portfolio for sale: $748K Performing Auto Loans from PMOF Special Situations Private Credit Fund. Total debt: $739665
September 29, 2022
PMOF Special Situations Private Credit Fund
Debt portfolio for sale: $103K Performing Auto Loans @ TX from Kevin's Classic Cars. Total debt: $103332
September 28, 2022
Kevin's Classic Cars
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