How to Purchase Car Notes

Buy Discounted Car Note - Clients Image

1.) If you have any questions, please call:

(Available 9:00AM to 9:00PM M-F | CST)

David Harris
(405)-721-8482 - Office
(405)-401-0327 - Cell

Bill Thompson
(405)-209-5297 - Cell

...or send us an email

2.) Fill out and submit the following "Purchase Notes Application". Please note that this is not the Contract. This simply tells us what arrangments you are looking for.

3.) You will receive a Contract from us based on the information you provided us in this Application. Expect the Contract from us within 1 to 3 business days of your Application submission. We will email and regular mail the Contract to you to ensure you receive it.

4.) When you receive the Contract, fill it out, sign it and mail it back with payment.


BCN PURCHASE NOTES APPLICATION

Applicant's FULL Name *
Mailing Address *
City *
State *
Zip Code *
Country: *
Email Address: *
Best Phone No: *

Best time to Contact: *



($5,000US Minimum) Dollar Amount of Notes Desired: *
(Select any dollar amount of car notes from $5,000 to $5,000,000US.)


Please Select 1 of the Following:

Your car notes will return a 17.64% Annual Percentage Yield, paid monthly. With this option, you will receive 1.47% (1/12th of 17.64% APY) interest only monthly payments. For example, on a $10,000 investment, your interest only monthly payments would be $147.00 and your yearly earnings would be $1,764. Your $10,000 principle will be returned (or reinvested by request) at years end.


Your car notes will return 17.64% APY, paid monthly. With this option, you will receive monthly payments including principle and interest. The 1.47% monthly interest (1/12th of 17.64% APY) will ONLY be paid on the REMAINING principle per month. For example, on a $10,000 investment, your monthly payments would be $915.09 of which an average of $833.33 in principle ($10,000 divided by 12 months) would be paid back to you every month along with an AVERAGE of $81.76 per month in interest. This option will pay $981.12 in total interest on a $10,000, 1 year investment.


This is taking the "17.64% APY INTEREST ONLY Payment Plan Option" one step further. We will automatically reinvest your 1.47% monthly interest payments on a month to month basis. Your reinvested car notes will return 19.14%, paid yearly. With this option, you will NOT receive monthly payments. For example, starting with $10,000 at the beginning of the first month, at the end of the first month, it will have earned 1/12th (or 1.47%) of the interest it should earn over the year. At the end of the first month 1/12th of interest is added to the original amount and we start over again. 1/12th of 17.64% of $10,000 is $147, so we add this amount to the $10,000 to get a starting balance of $10,147 at the start of the second month. During the third month, it earns 1/12th of 17.64% of $10,294, We repeat this for each month and so on... At the end of the year, you would receive a lump sum of $11,914 and a profit of $1,914.



I further state that I am an either an sophisticated or accredited investor.

A sophisticated investor is an individual who has a sufficient knowledge and experience in financial and business matters to evaluate the risks and merits of an investment, and that the contemplated investment will not exceed 20 percent of their net worth at the time of purchase.

An accredited investor is any natural person who had an individual income in excess of $200,000 in each of the two most recent years or joint income with that person's spouse in excess of $300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year.

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