: Unlike real estate, vehicles are depreciating assets. If a car is repossessed, it is rarely in good condition and requires repairs before resale.
: Primary opportunities lie with independent "Buy Here, Pay Here" (BHPH) dealers who need immediate liquidity rather than long-term interest payments. buying discounted car notes
: Approximately 10% of subprime car notes result in repossession, requiring a robust recovery strategy. : Unlike real estate, vehicles are depreciating assets