Please read below about how this works and which lease’s we buy.
From time to time we may need to complete a vehicle inspection before a final offer can be made. You will be asked to drop your vehicle off at the nearest Manheim Auction location https://publish.manheim.com/en/locations/us-locations
We will provide a dealer our number to use when dropping off for inspection and plan on picking it up 24 hours later if we do not buy the vehicle or it may remain there if we complete a docusign and purchase the vehicle
Items we need:
- Photo of driver license
- copy of recent 10 day payoff quote from lender that has not expired with account number or Account number with lender so we can pull a payoff
- photo of odometer
- photos of vehicle all around for virtual inspection
How This Works:
When you accept our offer, we’ll email you a docusign to complete, this will be your odometer disclosure agreement, bill of sale & authorization for payoff. Once completed payment to your lender and you will be sent within 3 business days.
We can make payment directly to you via Zelle, wire transfer or simply mail you a check. You can input your payment preference on your docusign.
We will pick up the vehicle after payment is made unless you tell us we can pick it up sooner.
A condition report will be included in your docusign, if the condition of the vehicle upon arrival and inspection to our facilities is significantly different than what is described, we reserve the right to unwind the sale and request a refund of all or partial equity and the vehicle will be transported back to your driveway. Although a rare occurrence, THIS IS WHY WE REQUEST AS MANY PHOTOS AS POSSIBLE FROM YOU.
Comparing to Carvana or Carmax for example:
If you received a higher offer from a 3rd party, just know that 3rd party is either going to be fully restricted from paying off your lease or will receive a significantly higher buyout from your lender which very much cuts into your equity. If you decide to payoff the vehicle yourself, you will be required to pay it off in full, pay tax on the full amount and wait 4 to 6 weeks for your title and THEN AND ONLY THEN can you sell it to carmax or carvana. By then, their offer will change and a large amount of equity will be lost.
THIS IS WHY WE’RE SUCH A GREAT OPTION!!
Lease Lenders we can buyout:
The following lenders are the most restrictive, however we can buy them out for your residual or current lessee buyout price without any inflated fees. Some states may require us to pay tax. If your lender is not on this list, YES WE CAN PAY IT OFF.
Ally Financial (CA, AZ,NV Only)
Audi Financial
Acura Financial
BMW Financial Services
Ford Credit (only if lease is not within 4 months to maturity)
GM Financial (only in CA & GA)
Honda Finance
Hyundai Motor Financial
Infiniti Financial Services
Kia Motors Finance
Lincoln Credit
Mazda Credit
Mercedes-Benz Financial
Nissan Motor Acceptance
Southeast Toyota Financial
USBank (Some states, we may have to pay the tax) (CA, AZ,NV Only)
Volkswagen Credit
Volvo Financial (Some states, we may have to pay the tax)