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Need Lead Buyers - Auto Loans (6)
10-06-2021 03:34 PM
#1
snapfu (Member)
Need Lead Buyers - Auto Loans
Hello STM Members - I have been reading through all of these awesome articles for a few months now and it has greatly helped! I have been diligently trying to find some "lead buyers" within the financial industry. We have a few hundred auto loan leads (daily) across the USA which we send via API to a vendor but lately I am realizing we need to find a better direct buyer. I emailed and reached out to a bunch of companies within the last week or so with very little bites and I thought it was time to post here and see if anyone has any connections or suggestions? Does anyone know of pretty solid lead buyers in the states that pays for direct fresh leads? My other option is to upgrade our current lead software and spend time finding dealerships all over the US to send in real time. I appreciate any and all feedback!
10-06-2021 09:39 PM
#2
matuloo (Legendary Moderator)
Have you tried using some lead distribution/aggregator platforms?
There are quite a few of them, but personally I dont have first hand experience with any. Could we worth it to look into some though for sure...
https://brightestminds.io/selling-leads-online/
https://www.leadrop.com/
https://www.leadwrench.com/ - this was once recomended to me but that was a long time ago so not sure if they are still operating
It might also be a good idea to find some affiliate offers in the vertical, then try to reach out to the advertiser directly.
10-07-2021 09:57 PM
#3
snapfu (Member)
Hi Matuloo - I definitely see that name around here a lot with great content! We have tried all the above except the last one which I will reach out and see. I love the idea of your last sentence. We acquired this business and have found a lot of crappy offers/networks making pennies and some really good data we need to capitalize on a bit more. Thanks for being so helpful and NOT sending me a private message trying to push porn offers ;-)
10-07-2021 10:45 PM
#4
matuloo (Legendary Moderator)
Hi Matuloo - I definitely see that name around here a lot with great content!
My pleasure
We have tried all the above except the last one which I will reach out and see.
I have actually spent some more time looking into these lead distribution or aggregation platforms and looks like the place is so cluttered that basically nobody has it nailed down correctly and I couldnt find any solid platform with good references.
So what are the options? I have the impression that car-loans or car selling business in general is like any other major niche on the internet ... it's a world on its own, with its own rules and major players.
So this is what I would do... I'm not familiar with car selling portals in the US, but whenever I look for some used cars in my country or EU in general, all the listings either directly offer financing options or there are forms where I can request a quote. So do just this, go to a few major used-cars portals in your target market and look for the financing options, or fill out the forms and look who contacts you with offers... and those are your buyers.
Have you tried this yet?
Thanks for being so helpful and NOT sending me a private message trying to push porn offers ;-)
Hehe.... you never know
10-15-2021 06:31 PM
#5
snapfu (Member)
Mucho Gracias! I have to start thinking out of the box a little more like you said. I do like the fact that their is so much confusion out there that people competing will give up easily. Not Me thought ;-) I know what I am doing for the next few days for sure! Thanks

Originally Posted by
matuloo
My pleasure
I have actually spent some more time looking into these lead distribution or aggregation platforms and looks like the place is so cluttered that basically nobody has it nailed down correctly and I couldnt find any solid platform with good references.
So what are the options? I have the impression that car-loans or car selling business in general is like any other major niche on the internet ... it's a world on its own, with its own rules and major players.
So this is what I would do... I'm not familiar with car selling portals in the US, but whenever I look for some used cars in my country or EU in general, all the listings either directly offer financing options or there are forms where I can request a quote. So do just this, go to a few major used-cars portals in your target market and look for the financing options, or fill out the forms and look who contacts you with offers... and those are your buyers.
Have you tried this yet?
Hehe.... you never know

10-18-2021 10:17 PM
#6
matuloo (Legendary Moderator)

Originally Posted by
snapfu
Mucho Gracias! I have to start thinking out of the box a little more like you said. I do like the fact that their is so much confusion out there that people competing will give up easily. Not Me thought ;-) I know what I am doing for the next few days for sure! Thanks
Yup, sometimes the "confusion" in a market can play out in favor of those who are willing to give it the time to figure it all out
I'm glad I could be of help, let me know if you were able to score some buyers!
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