How powerful would it be to know, before you went to the auction, which vehicles you could buy to generate the highest possible profits based on what lenders will advance?
Lenders advances are typically based on NADA Trade–In or Kelley Blue Book Wholesale. Black Book’s values are based on actual weekly auction results, as reported by Black Book’s own observers stationed at auctions. The difference in these values can result not only in higher profit car deals, but also the ability to put more deals together when lenders trim your advance, or when you have to absorb negative equity.
Other applications allow you to enter a make and model to allow you to see this profit potential. Only Auto Auction Insider provides you a weekly updated list of the every make, model, and style for the last seven model years, in order of spread between what the average auction price is for your region, and what the average lender will advance! Auto Auction Insider will even allow you to filter the results by price and payment range, and allow you to narrow down to vehicle type, make, and model. Want to know the highest profit potential for an SUV with a payment under $400, or a mid-size under $12,000? We’ve got the inside information!