I’m curious about the possibility of investing in car notes directly as an individual investor, instead of going through a dealership. Are there specific platforms or methods available for doing this? What should I consider before proceeding with such an investment?
Yes, you can invest in car notes directly without going through a dealership. One way is by looking into peer-to-peer lending platforms that specialize in auto loans. These platforms connect investors directly with borrowers, allowing you to fund individual car loans. Another method is purchasing car notes from banks or credit unions, which sometimes sell defaulted or performing car loans as part of their debt portfolios. Make sure to assess the risk involved, examine the borrower’s creditworthiness, and consider the note’s terms, like interest rates and maturity, to ensure it’s a good fit for your investment strategy. Legal due diligence is crucial as you might need to navigate collection laws if the borrower defaults. Remember, these are high-risk investments, so diversify your portfolio and only invest funds you can afford to lose.
Diving into the world of car note investments can be quite intriguing! 
What’s really fascinating is how technology is making this more accessible to individual investors. As others have mentioned, platforms and secondary markets for auto notes are evolving, but it’s important to monitor the impact of regulations in the finance industry on these transactions. With interest rates being somewhat volatile, there’s an opportunity for both higher returns and greater risk. One thing I like to keep an eye on is the repo trend and economic indicators because they’re usually good predictors of how auto loans might perform in the near future. It might be worth considering partnering with a financial advisor who understands the ins and outs of this sector before jumping in.