Buying Discounted Car Notes Instant

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

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

: The discount accounts for the high risk of subprime borrower defaults and the cost of capital for the dealer. Operational Risks : Investors must vet dealers heavily; "shady" operators