Quick tips for optimizing vehicle recoveries
The financial industry is currently facing a tumultuous vehicle recovery environment spurred on by marketplace challenges that have come to the forefront over the past 24 months. In its simplest form, these marketplace challenges can be reduced down to two major factors:
1. Auto loan delinquencies continue to be an issue for auto lenders.
2. Repo agencies are facing business threatening economic issues.
But all is not lost!
There are practices you can start applying right away to overcome these and other market challenges and enhance your recoveries and repossessions. These practices include:
- Collaborate with a remarketing provider to build a custom program
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