Check my next vehicle

For banks, lenders and fleets

Before your next vehicle goes to auction, check the route.

PURR evaluates practical disposition options and seeks documented dealer acquisition offers where available. See whether there's a better alternative before committing to the usual sale.

Check my next vehicle

Start with one vehicle. No borrower information. No obligation to change your current process.

Before you optimize the reserve, optimize the route.

These decisions happen inside a chosen selling channel.

  • Reserve
  • If-bid
  • Rerun
  • Price adjustment
  • Arbitration

PURR checks whether another channel makes more sense before those decisions begin. Auction remains an important option.

One vehicle. Four simple steps.

  1. Share one vehicle.

    VIN or vehicle identification, mileage, location and known condition.

  2. PURR evaluates the routes.

    Check which routes are viable. Seek actual dealer offers where possible, clearly separated from estimates.

  3. Receive a documented recommendation.

    Compare expected net, timing, risk, work and relevant legal constraints. Additional evidence may be needed.

  4. Decide what happens next.

    Keep the existing path, or authorize an alternative where appropriate.

See the decision before the sale.

This fictional example shows what is known and what is still pending.

Illustrative only · Not an actual offer or transaction

2021 Toyota RAV4

Conditional dealer offer
$20,500
Estimated auction net
$19,100
Apparent difference before additional dealer-route costs
+$1,400
Expected net difference after comparable costs
Not established. Dealer-route costs still need confirmation.
  • Proposed route

    Dealer Acquisition, subject to costs and approvals.

  • Offer evidence

    Documented, conditions apply — fictional example only.

  • Legal eligibility

    Pending confirmation.

  • Customer authorization

    Not yet provided.

  • Settlement

    Not completed.

  • Funds received

    Not yet received.

  • Final realized difference

    Not established.

All figures in this example are fictional. The apparent difference is before any additional dealer-acquisition costs. It is not a verified net recovery benefit, an actual offer, a forecast or a guarantee.

A small first step. You keep control.

  • No historical portfolio export to begin.
  • No borrower identity required.
  • No automatic change to auction arrangements.
  • No vehicle movement without authorization.
  • No commitment across your portfolio.

A dealer may need a condition report, photos or further details before making an offer.

Net

Actual lender recovery after relevant costs.

Time

Days to sale and days until funds are received.

Risk

Uncertainty, failed bids, disputes and execution.

Work

How often must your team intervene?

What counts as a lender touch?

A separate occasion when your team must reopen, review, approve, respond or make a decision on the vehicle.

  • If-bids
  • Reserve changes
  • Recon approvals
  • Reruns
  • Exceptions
  • Status reviews
  • Arbitration
  • Settlement reviews

Selected historical examples

Actual results, not just projections.

Actual PURR transactions. Estimated auction alternatives.

Selected examples, not a guarantee, forecast or average. The difference is against an estimate, not a second realized sale.

Actual PURR transaction

2018 Chevrolet Cruze LT

+$4,444

Difference vs. estimate

Compared with the estimated auction result after costs.

Estimated auction alternative
$8,000
PURR after costs
$12,444
Increase over estimate
+55.6%
Days to sell
11 days

Source: PURR-supplied recovery story. PURR result shown is an actual transaction. Estimated auction net is based on comparable market data and typical selling costs. Results vary by vehicle, condition, location and timing. Redacted bill of sale available upon request.

Check a vehicle
PURR-supplied 2018 Chevrolet Cruze LT recovery story, showing the vehicle, recovery comparison and a redacted bill-of-sale excerpt. Key figures and source note appear alongside.
Supplied recovery story · View full size (opens in a new tab) ↗

Source: PURR-supplied recovery story. PURR result shown is an actual transaction. Estimated auction net is based on comparable market data and typical selling costs. Results vary by vehicle, condition, location and timing. Redacted bill of sale available upon request. These are selected examples, not an average or a forecast. These comparisons preserve supplied settlement cents; artwork headline gains are rounded to whole dollars.

Historical PURR sale

2018 Mitsubishi RVR

Supplied 2018 Mitsubishi RVR recovery artwork showing the vehicle, comparison and redacted bill-of-sale excerpt. Figures are repeated below.

+$2,449.28

More after costs · +20.4% vs. estimate

Est. auction after costs
$12,000
PURR after costs
$14,449.28

Buyer reach. More control over the sale.

This vehicle reached a retail buyer. Compare what the owner kept after costs with the estimated auction result.

Source: PURR-supplied recovery story. PURR result shown is an actual transaction. Estimated auction net is based on comparable market data and typical selling costs. Results vary by vehicle, condition, location and timing. Redacted bill of sale available upon request.

View the full recovery story ↗ (opens in a new tab)

Historical PURR sale

2016 Hyundai Elantra L+

Supplied 2016 Hyundai Elantra L+ recovery artwork showing the vehicle, comparison and redacted bill-of-sale excerpt. Figures are repeated below.

+$350

More after costs · +8.8% vs. estimate

Est. auction after costs
$4,000
PURR after costs
$4,350

Smaller sales deserve a closer look, too.

This lower-value vehicle shows a small gain. What the owner keeps after costs and the work needed both matter.

Source: PURR-supplied recovery story. PURR result shown is an actual transaction. Estimated auction net is based on comparable market data and typical selling costs. Results vary by vehicle, condition, location and timing. Redacted bill of sale available upon request.

View the full recovery story ↗ (opens in a new tab)

Historical PURR sale

2017 Dodge Journey GT

Supplied 2017 Dodge Journey GT recovery artwork showing the vehicle, comparison and redacted bill-of-sale excerpt. Figures are repeated below.

+$1,878.14

More after costs · +18.8% vs. estimate

Est. auction after costs
$10,000
PURR after costs
$11,878.14

Look at what selling costs leave behind.

This vehicle was prepared and sold to a retail buyer. Compare what the owner kept after selling costs.

Source: PURR-supplied recovery story. PURR result shown is an actual transaction. Estimated auction net is based on comparable market data and typical selling costs. Results vary by vehicle, condition, location and timing. Redacted bill of sale available upon request.

View the full recovery story ↗ (opens in a new tab)

Historical PURR sale

2020 Kia Forte EX

Supplied 2020 Kia Forte EX recovery artwork showing the vehicle, comparison and redacted bill-of-sale excerpt. Figures are repeated below.

+$2,497.72

More after costs · +35.7% vs. estimate

Est. auction after costs
$7,000
PURR after costs
$9,497.72

Give the vehicle a chance to reach another buyer.

This sale reached a retail buyer. It is one example of why it helps to compare the options.

Source: PURR-supplied recovery story. PURR result shown is an actual transaction. Estimated auction net is based on comparable market data and typical selling costs. Results vary by vehicle, condition, location and timing. Redacted bill of sale available upon request.

View the full recovery story ↗ (opens in a new tab)

  1. Before

    Evidence available at the decision point.

  2. Decision

    The recommendation, assumptions and authorization.

  3. After

    The realized sale, actual costs and confirmed funds.

An estimated unchosen route remains an estimate after the selected route settles.

Start with one. Expand with evidence.

Each stage needs customer approval.

  1. One vehicle

    Assess an eligible vehicle before its sale.

  2. Documented outcome

    Review the decision, actual costs and funds received.

  3. Five-vehicle pilot

    Agree on a small test and the results to measure.

  4. 30-day Route Check

    Try an agreed routing trial, if the first results support it.

  5. Optional routing process

    Expand only if agreed targets are met.

The objective isn't to give PURR every vehicle. It's to add the Route Check before disposition.

Found something worth testing? Start with the next 5.

  • Keep your reserve.
  • Keep control.
  • PURR manages the process.

Then compare the results against the agreed thresholds.

Test PURR on 5 vehicles

Before you start.

Do we need to replace our auction provider?

No. A Route Check can sit before your existing process. You can keep your current arrangements.

Do you need borrower information?

No. Send vehicle details only. Leave out borrower identities, loan numbers and financial account information.

Is the dealer offer guaranteed?

No. Dealer coverage and adequate condition information are needed. An actual offer must identify the buyer, amount, conditions, expiry and supporting evidence. A valuation is not a dealer offer.

What happens if auction is the better option?

We can recommend auction. The goal is a suitable route, not a particular channel.

When can the vehicle legally be sold?

Sale eligibility, notice and redemption requirements depend on the jurisdiction and transaction. The relevant requirements and any holds must be confirmed before an authorized sale.

When does the lender actually receive funds?

Timing depends on eligibility, buyer terms, sale and settlement. Expected funding dates and actual confirmed receipt are recorded separately.

What happens if no dealer is willing to bid?

We record that no dealer offer is available and review the other practical routes. There is no obligation to change your existing path.

How are real results separated from estimates?

The original assessment is kept separate from the sale, actual costs and confirmed funds. An estimated unchosen route remains an estimate.

What does the lender need to approve?

You approve any change of route, relevant costs, vehicle movement and disposition. An enquiry alone authorizes none of these.

Can fleets and commercial sellers use PURR?

Yes. The same Route Check begins with a vehicle, your objectives and the available information.

Prefer to review past sales?

The free Last 10 review is still available as a separate service.

Open the Last 10 sales review

Send the records you already have. No borrower or personal information.

Check your last 10 vehicle sales.

See if another way of selling may have returned more.

Free. Results within 24 hours once we have what we need.

No meeting. No commitment.

By continuing, you agree PURR can email you and the person you name about this review. You can unsubscribe at any time.

Have one vehicle approaching disposition?

Check my next vehicle

An enquiry does not authorize movement, purchase or disposition.

Check my next vehicle