Lenders Assistance Vehicle Remarketing

Lenders Assistance has been providing loss mitigation and remarking for financial institutions since 1984. Our experience, knowledge, personalized approach, and extensive relationships with auctions, automotive groups, and dealers nationally allow organizations to streamline and maximize efforts in inventory control and return.

Lenders Assistance analyzes each client’s systems, procedures, and processes and then implements a customized loss mitigation, inventory management, audit, and a strategic remarketing plan customized to each of our client’s needs.

By coordinating accurate vehicle condition reports, preparation, auction placement, representation and sale of each off lease and repossessed collateral in an organized and efficient manner, we are able to reduce the daily impact of depreciation and maximize return.

Our remarketing channels and industry experience net a substantial profit to our client organizations by maximizing resale value, decreasing process intervals, enabling employees to focus on their core business functions while reducing losses. Our personalized approach allows Banks, Credit Unions, and Finance Companies to utilize our customized services while adding value with a strong focus on cost effectiveness.

When remarketing vehicles many different factors come into play. Lenders Assistance analyzes each vehicles attributes and condition, to determine the online or physical remarketing venue that will yield the highest net profit for our clients. If a vehicle does not sell online at the price determined by our floor price analysis, we analyze the local, regional, and national auction values to ensure proper vehicle placement

Our decades of experience and relationships with auction managers, auctioneers and auctions nationally allow us to preserve strong lane presence and run numbers. This helps ensure that the highest numbers of dealers are bidding on each of our clients vehicles, which allows our clients to benefit financially and provide for a quick remittance of funds on each vehicle sold.

Once a vehicle is sold, Lenders Assistance provides all clients with a complete invoice and detailed documentation for each vehicle. This includes records of all invoices, copies of checks, condition reports, comparable sales analysis, and other pertinent documents that allow institutions to meet today’s regulatory requirements and enable seamless deficiency balance collection efforts.

Why Lenders Assistance?

OVER 40 YEARS OF REMARKETING EXPERTISE

Our industry leading expertise allows us to create the ultimate client experience while delivering unparalleled service that exceeds our client’s expectations. Our vast years of experience allows us to leverage long standing relationships with our national network of auctions which provides priority lane assignments which leads to higher vehicle sale venues that are vital to our client’s bottom line. Our knowledge, experience, and commitment to excellence are paramount to our client experience.

CR SIMPLIFIED REMARKETING MADE SIMPLE

Our dedicated and personalized marketing process simplifies workflow and efficiencies while providing significant cost savings, reduction in expenses and fees, and ensures regulatory compliance that is vital to today’s environment. Our client experience is unsurpassed in the industry, and is focused on satisfying your needs through sound planning and execution. Through the CR Simplified Assignment Portal, which is Lenders Assistance patented proprietary data management system, our staff is able to complete the entire remarketing process from start to finish. This includes timely pickup and transport to eliminate or reduce storage fees. Each vehicle is then subject to a through evaluation process and our expert staff will assist to determine asset values for our clients to complete the timely sales process. Once the sale has been completed, funds are dispersed and complete documentation is provided to the client. It’s that simple.

CONTACT US NOW TO BE APART OF THE COMPLETE CLIENT EXPERIENCE

Contact us today and find out how we can customize a program to meet your remarketing needs, maximize your returns, and expedite your remarketing sales.

 At Lenders Assistance Corporation we offer a personalized experience to meet the needs of each of our clients. Through our Client Assignment Portal on crsimplified.com, we create a user account for each of our clients which allows them to generate an assignment for each vehicle that needs to be remarketed. 

Filling out the form could not be easier, and it saves a lot of time for each of our clients. Our Vin Decoder streamlines the information for each vehicle, and automatically enters in the data such as year, make, model, engine type, and body style that helps us generate the most accurate condition report to allow any vehicle to be remarketed as quickly as possible.  After our client enters in a few other fields of information such as pickup location of each vehicle, the assignment gets submitted and we immediately start the process of ordering transportation to get the vehicle promptly sold. Take a look at our sample Assignment form below to see how the vehicle remarketing process is done, its as easy as that.

When selling at multiple different locations, each auction will provide a different condition report for each vehicle being sold. It might get confusing to have different variations of information explaining what is wrong with each vehicle.

We at Lenders Assistance provide Condition Reports for every vehicle remarketed using our own Condition Report software called CR Simplified. CR Simplified is being utilized by over 100 Auctions throughout the United States and has been used to sell over 1 million Vehicles.

When selling vehicles through multiple venues it is optimal to have a single unified condition report to explain all of the major/minor damages that each vehicle has incurred. We provide our clients with the most precise condition reports, allowing any employee to view all the necessary information pertaining to each vehicle.