Prestige Auto Brokers
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Prestige Auto Brokers provides a turn-key solution for Credit Unions by eliminating re-marketing costs and auction FEES associated with selling repossessed vehicles, especially when they are in (Poor Vehicle Condition) which prevents them from being profitable at auctions.
Prestige Auto Brokers buys wrecked, damaged, vehicles with mechanical failure, are in-operable, borderline totals, total loss salvage units, bad engines, and bad transmissions.
Repossessed vehicles that are sold wholesale at auctions in this condition are often sold at a loss. Poor credit union representation at auction has a substantial negative impact on the value of damaged and salvage assets and diminishes returns for collections departments.
*According to recent studies, such poor oversight decreases auction valuations by, on average, 10%-15%
Prestige Auto Brokers continues to provide extraordinary service to Credit Unions and Automotive Lenders to eliminate risk, increase ROI, increase efficiency, reduce cost, eliminate poor auction oversight and maximize returns for repossessed assets.
A trusted vendor for credit unions since 1977. Our core capabilities include providing fast, accurate, and fair pricing for wrecked, damaged, salvaged, and vehicles with mechanical failures including bad engines, bad transmissions, in-operable borderline totals, or total loss assets.
ELIMINATE WASTE - INCREASE RETURNS
● NO POOL FEES
● NO ADMINISTRATIVE COST
● NO TRANSPORTATION FEES
● NO STORAGE FEES
EASY SECURE FAST
● NO TITLE PROCESSING
● FAST PAYMENTS - RECEIVE MONEY WITHIN DAYS OF SALE