Check My Last 10 Repos

For auto lenders

Before you optimize the reserve, optimize the route.

A reserve helps control the sale inside a channel. It cannot tell you whether that was the right channel.

PURR compares the practical routes for each recovered vehicle before disposition, then helps execute the selected path.

Check My Last 10 Repos

Free. No process change. No borrower information. If the route you used was right, we'll tell you that too.

The biggest disposition decision may happen before the reserve is set.

Once a vehicle is committed to a channel, most of the decisions that follow are about optimizing the result inside that channel.

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

PURR asks one question first:

Should this vehicle have been in this market in the first place?

Auctions remain an important disposition tool. PURR uses them too. The opportunity is to make auction one available route rather than an automatic answer.

The PURR Route Check

Before disposition, PURR evaluates the vehicle across four dimensions.

  1. Your vehicle

    First evaluate the vehicle.

  2. PURR Route Check

    Compare the practical routes.

    Net · Time · Risk · Lender Work

  3. Possible routes

    • Dealer Acquisition
    • Retail
    • Dealer-to-Dealer
    • Wholesale
    • Auction

Then choose the route. PURR manages the selected path from start to finish.

Net recovery

What is the expected amount returned after route-specific costs?

Time

How quickly can the vehicle reasonably sell and fund?

Risk

What downside, uncertainty and execution risk comes with the route?

Lender work

How many times will your team have to touch the file?

What counts as a lender touch?

A lender touch is a separate occasion where someone has to reopen, review, approve, respond to or make a decision on the vehicle.

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

Better remarketing should not just produce more money. It should require less unnecessary work.

Before you send the next 10, Route Check the last 10.

Your last 10 vehicles have already sold. That makes them useful.

Send PURR the records you already have and we'll review:

  • What happened.
  • Which route the vehicle took.
  • What other practical routes were available.
  • Whether anything appears worth doing differently next time.

If your existing route looks right, we'll say so.

Condition report · Final settlement / sale record · Outside costs

Please remove borrower names and other personal information. Don't have 10 ready? Start with 5.

Where should we send your free review?

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.

From the Last 10 to a routing rule.

Start with the evidence. Agree on what to test next.

  1. Last 10

    Find whether there appears to be an opportunity.

  2. Next 5

    Test the process with real vehicles.

  3. 30-day Route Check

    Let PURR evaluate every eligible recovery during an agreed period.

  4. Routing rule

    If the measured results meet the agreed thresholds, Route Check becomes part of the normal disposition process.

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

Selected examples

What lenders received.

Actual PURR results. Estimated auction results.

These are selected examples, not a guarantee, forecast or average.

Historical PURR sale

2018 Chevrolet Cruze LT

+$4,444

More after costs

Compared with the estimated auction result after costs.

Est. auction after costs
$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 My Last 10 Repos
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)

Before you send the next 10, Route Check the last 10.

PURR does not sell a channel. PURR helps choose the channel.

If your existing route looks right, we'll say so.

Check My Last 10 Repos

Free · No commitment · No process change

Check My Last 10 Repos