InvestInCarNotes.com Review – Is InvestInCarNotes.com A Scam Or Legitimate?

| May 22, 2011 | 1 Comment

InvestInCarNotes.com Review imageWelcome to my InvestInCarNotes.com Review!

Is InvestInCarNotes.com a smart investment? In this InvestInCarNotes.com review, I intend to help you decide whether or not InvestInCarNotes would be a good addition to your investment portfolio.  Lets begin my unbiased InvestInCarNotes.com review.

Company Details & History

InvestInCarNotes.com Logo imageOwned and operated under their parent company, Triple T Motors, InvestInCarNotes.com and their sister website, BuyCarNotes.com were launched in late 2009 to draw in more investors via the Internet.

Simply put, InvestInCarNotes.com provides in-house financing, and is designed for customers who have struggled with credit issues, and are unable to acquire financing through a traditional bank. While this gives the customer the ability to repair their credit, this comes at a steep price.

How does it work?

When a customer purchases a vehicle through this service, they are accepting financing with a 21% annual percentage rate (APR). When a vehicle is sold, a car note is then created.  InvestInCarNotes.com sells these notes to eliminate their negative cash flow, so that they are able to purchase, refurbish, and sell more vehicles.  To attract investors, InvestInCarNotes.com offers a 17.64% return on your money.

Since you are purchasing the car note, you are essentially purchasing the vehicle that was sold. With that being said, InvestInCarNotes.com will act as the middleman to ensure that the customer continues to pay their monthly payments and remains current on their loan.

If a customers defaults on the car note, InvestInCarNotes.com promises to replace your note with another paying car note. InvestInCarNotes.com reserves 25% of all car notes to replace any notes that become delinquent.

The minimum investment required is $5,000, and you may invest up to $5 Million. When you purchase a note, it is important to realize that you are loaning your money to InvestInCarNotes.com for a 12 month term. During this 12 month period, your money will be locked up.

InvestInCarNotes.com Review Conclusion

In my opinion, InvestInCarNotes.com is legitimate for ‘some’ of your money. It is not a scam. However, this is a risky investment, so diversification is still critical. Your investment will be backed by the ability of the customer to repay their high APR loan, and the financial stability of InvestInCarNotes.com to replace any notes that default.

With that being said, I believe that this investment would be suitable for a sophisticated type of investor.

I hope that you have found my InvestInCarNotes.com Review to be informative and educational!  I wish you luck in your research efforts!

Category: Internet Business Reviews

About the Author ()

Dave Fennell is the founder and editor of Marketing Methods Online and BloggerGo. Learn more about him here. You can also connect with him on Facebook, Twitter, and Google+

  1. Patty says:

    (I agree with that most blogs have very informative information):

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