Lenders Assistance Corporation — Vehicle Remarketing Since 1984
Is your wholesale inventory
Lenders Assistance Vehicle Remarketing
Lenders Assistance Corporation has been providing vehicle remarketing assistance for financial institutions since 1984. Our experience, knowledge, and personalized approach allows us to direct your automobiles to the right dealers and auctions nationwide. We have longstanding relationships with dealers, auctions, and automotive groups throughout the country which enables us to get the most money for your vehicles.
Our biggest asset is being able to directly place each vehicle in your inventory to dealerships in your area. Dealers will pay more money for your vehicle when purchased through Lenders Assistance rather than at an auction, because they won't have to factor in the high auction fees that are associated with every auction purchase. Since dealers don't have to pay the high auction fees they will pay more money for the vehicles we sell to them directly, which results in a higher return on each vehicle sold.
We have also sold over 150,000 vehicles at various auctions over the years and have a 5 star OVE rating. Our decades of experience and relationships with auction managers, auctioneers, and auctions nationwide allow us to preserve a strong lane presence and run number for every vehicle sold. This helps ensure that the highest number of dealers are bidding on every vehicle we list at an auction, which allows our clients to benefit financially on each vehicle we sell.
Whether a car is being sold to a dealer or at an auction, our and , which is being used at over 100 auctions all over the country, will simplify the process of selling the vehicles in your inventory. Our personalized approach fits the needs of any financial institution, which gives us the ability to sell your inventory as quickly and efficiently as possible with little to no work for your company.
Once a vehicle is sold, Lenders Assistance Corporation provides our 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 which explain all the information that is needed after the sale has concluded.
Sourcing and Direct Placement
We can sell your aged-units and trade-ins right from your lot by placing them directly to franchise and independent dealers. Additionally, we can help you supplement your inventory needs. Provide us with your provision inventory needs list, and we will help you source those fast-turn, higher front-end gross vehicles for your lot. We have buyers in multiple markets sourcing directly from other dealers and at auctions and can help you locate and purchase vehicles that will add to your bottom line. Our goal is to provide you with inventory that is the right match for your market!
Experience Makes a Difference
Strategically moving wholesale inventory and repossessed vehicles can be challenging. It requires knowledge, experience and a strong network to minimize expense and get the most for your units. Here at Lenders Assistance, we've been describing vehicles accurately in the automotive remarketing business for a little more than four decades. We remarket vehicles quickly, maximizing vehicle resale value, and making it as simple as possible for our clients to win in their market. And that's just the beginning of what we can do.
Remarketing Takes a Village
It takes a lot of time and energy to remarket wholesale vehicles. Even if you're fortunate enough to have a dedicated staff member to remarket your wholesale units, not everyone has time to ensure each and every vehicle is sold for the most profit. Our clients let us take care of the hassle and details when it comes to turning their inventory into cash through physical auctions, online auctions and dealer direct placement. We have the experience, the network and the resources to focus on what we do best, so you and your staff can, too.
Auction Ratings and Placement Matter
We pride ourselves in maintaining a 5 star OVE auction rating and an optimum in lane and run placement to get the most for your vehicles. The auction can be an all day affair and take away from time spent on managing your business and sourcing profitable inventory for your lot. With our constant pulse on the market, we can direct your vehicles to the right auction, with the right lane and run numbers to get top value for your vehicles.
Time Is Money In This Business
Vehicles can depreciate significantly over time. In addition to the cost of your working capital to carry the inventory, costs associated with unsold vehicles can limit potential inventory, fleet and lot stocking capabilities and lending capacities. We know of institutions and dealerships whose vehicles have depreciated by as much as $2,000 over a 2-week period when related factors have created the perfect storm. Our clients trust us because we are cost effective, turn their inventory quickly and maximize the net return on each vehicle.
We Have One Main Objective:
SELL YOUR VEHICLES FOR TOP DOLLAR
Whether you're a dealership, community bank, credit union or national auto finance company, we are pros at turning inventory into cash quickly and minimizing expense with moving your wholesale units. Here are just a few ways we can help your company profit.
MARKET TRENDS
We understand industry cycles and seasonal fluctuations that dictate which remarketing outlets work best for your vehicles.
REMARKETING OUTLETS
In order to maximize your resale values, we provide you with the right blend of direct placement, online and physical auction sales.
STRONG NETWORK
The relationships and network we have built over the last four decades give our clients a competitive edge and a boost to their bottom line.
The Remarketing Solution You've Been Waiting For
The LaneEdge team is THE remarketing solution for automotive companies across the US. Our extensive network and four decades of experience enable greater profitability and higher in-store productivity for your organization. Find out how the LaneEdge team sets the standard for remarketing vehicles in-lane and online.
LANE PLACEMENT
LaneEdge's experience helps ensure prime placement for your vehicles in the lease lane at Manheim, Adesa and independent auctions.
BUYER CONFIDENCE
We always describe vehicles accurately, creating credibility and instilling confidence for maximum market exposure and competitive bidding.
EXTEND YOUR REACH
Your wholesale units will be listed online 24/7 with thorough auction backed condition reports and access to over 70,000 buyers worldwide.
NO HIDDEN COSTS
We do not mark up any third party recovery, transportation, reconditioning or mechanical services or any other third party service.
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. Through the CR Simplified Assignment Portal — Lenders Assistance's 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, thorough evaluation, expert asset valuation, timely sales, fund dispersal, and complete documentation.
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.
Contact Us
Here are some of our most reputable clients that we have done business with throughout the past 40 years
Andy Smith
COO of Carolina Finance in Greensboro, NC
Tom Naso
Regional President of Lithia Automotive Group
Anne Marie B.
Vice President Santander Bank New York City
Gary Jaggard
Formerly President of Southeast Bank Leasing in Miami
John Criswell
Formerly Vice President Barnett Bank of Fort Lauderdale
Lenders Assistance Corporation was founded in 1984 to provide our customers with a service that exceeds their expectations and provides the very best quality and value. We are committed to stability and strategic growth to assure and maintain a leadership position in our industry.
Values
We do the right thing. Showing honesty, integrity, being consistent and providing fair treatment to all.
Success
Establishing the objectives for our clients, to help maximize the returns on each vehicle sold.
Commitment
We are here for the long term. Demonstrating a caring attitude, loyalty, and sharing a mutual desire to succeed.
Excellence
Achieving targeted goals and objectives with our over 40 years experience. This enables us to do things better than anyone in the industry.
Mission
We will provide a high level of ethics, teamwork, and professionalism while demonstrating a caring attitude to our employees and customers.
Assignment Portal
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.
Condition Reports
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.
It's Easy to Get Started
FILL OUT THE FORM — We look forward to connecting with you and learning more about your business! Simply fill out the form below and we will contact you about setting up a time to discuss how we can help you generate maximum results through Lenders Assistance Remarketing Process.