Historically, auto loans with bad credit drivers, for example, bankruptcy auto loans, have been considered risky. It was said that people had bad credit because they made bad choices. When seeking the best auto leads, credit-challenged drivers were at the bottom of the barrel. Things change.
Sometimes Life’s Not Fair
Between the country’s recession and an individual’s unexpected health misfortune, a whole lot of people continue to struggle. Through no fault of their own, they may have lost a job, lost a home, a vehicle, or had long-term health issues. Have some people been careless? Certainly. But, they may have also been unfortunate with astronomical medical bills showing more commas than sense.
Why Embrace Bankruptcy Auto Leads
A chapter 7 bankruptcy means the borrower liquidated their non-essential assets to compensate creditors. Chapter 13 bankruptcy means the borrower paid back the creditors over a number of years. There are stacks of government forms. They have to face their creditors. They have to go to credit counseling. They cannot file another bankruptcy for years. It is a fairly unpleasant process, but people do it because they come out of it with a clean slate and their troubles behind them. Until their car starts coughing and nobody will talk to them. A bankruptcy filing remains on a consumer’s credit report for up to 10 years. Are you going to make a driver wait 10 years to buy a car from you?
A Buyer with A Need Is A Lead Indeed
Life’s not fair. But you can be, through your exclusive special finance lead capturing website. Drivers who have gone through bankruptcy or other credit challenges can easily reach out to you in their time of need. Even if that time is midnight. They have a job now, but they are risking rejection and embarrassment because they really need one of your cars. They know they will have to pay a higher interest rate and they are still asking to shop with you. That’s a red hot lead. Your affordable website is customized for your market and works for you 24/7. Drivers with a bankruptcy in their past can reach out to you with hope for the future. Your reputation for respectful transactions and reliable cars will grow along with the leads from your very own Auto Leads Site in your inbox and the increase in your balance sheet.
The Past Is Gone – The Future Is Yours
Dealerships that take a realistic look at our current economy and proactively align their business with the rich opportunities before them will be the ones to grow and flourish. Other dealers will just wash the same cars over and over, wondering if they need to get brighter balloons. How about a brighter business plan? Drivers needing fresh start car loans after bankruptcy are a huge pool of highly motivated buyers.
Jump on in! The water’s fine. Need More Info.
Manny Luna
CEO VL Digital Marketing
Contact: 832-341-1806
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