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Reasons For Selling Your Car In NYC During The Winter

November 20th, 2009 by Buddy Evans
Buddy Evans

Auto Accidents At Their Worst In The Winter Months

No one enjoys a car accident – from fender benders to major damage. The headaches are many, including haggling with insurance companies; repairing your vehicle or buying a new one; and the hassle of making all of that happen without your car.

So why deal with an increased likelihood of an auto accident during the winter by keeping a vehicle you may, after all, not need? Consider selling your car in New York City to avoid those winter hassles. (more…)

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In Automotive Industry News: Cash for Clunkers and your decision to sell your car

July 1st, 2009 by Buddy Evans
Buddy Evans
Cash for clunkers
Feds junking old cars in Cash for Clunkers Bill

Image credit the consumerist

The car industry and auto makers are strong behind a new clunker bill, but is there any real benefit?

It’s safe to say that news for the U.S. automotive industry has not been positive lately. A “cash for clunkers” bill navigated its way through Congress, though, and the car industry couldn’t be happier.

Bottom-line, the clunker bill allows you up to $4,500 in discounts (thanks to the U.S. government…actually, thanks to the taxpayers) if you trade in your old car for a new, greener vehicle.

With most of the hoopla over-and-done with, and with President Obama’s signature on the Cash for Clunkers bill, a whirlwind of criticism and second-guessing has commenced. The car industry and auto makers are largely pleased with the bill and its stipulations, but that seems about it.

After the cash for clunkers plan was signed into law and in advance of the program’s commencement, a New York Times article pointed out that the stringent rules for the program might lead to its eventual downfall. In fact, the Baltimore Sun points out, the cash for clunkers bill only applies to cars purchased after July 1, 2009, but government officials can tweak the rules up until July 24. That leaves more than a month of unsure consumers and a confused car industry that doesn’t quite understand the rules, either.

In fact, most current media coverage of the cash for clunkers bill usually mention that the stipulations of the bill that result in the highest discount seem to encourage further purchase and use of SUVs – some of the least efficient vehicles on the road

Cash for clunkers (not so) fine print for your trade-in car

So, while auto makers urge you to sell your car (before you rush over to us at Big Bucks Auto), there are a few qualifications your trade-in has to meet in order to take qualify for the Cash For Clunkers plan:

  • Your trade-in vehicle must operate at 18 miles-per-gallon or less; be built in 1984 or after; and in drivable condition.
  • The trade-in has to be registered in the purchaser’s name and owned for at least one year.

What you buy determines what you get

And the Cash For Clunkers credit you receive for that trade-in can’t just be any ol’ car on the lot. With the blessing of the automotive industry and struggling car makers everywhere, your new car has to be greener:

  • Cars need run at least 22 mpg and cost less than $45,000. For a car with a 4 mpg improvement from your old clunker, you get a $3,500 subsidy from the government. Cars with a 10 mpg improvement will get you a $4,500 subsidy.
  • Small, light-duty trucks must run at least 18 mpg, with a $3,500 discount for a 2 mpg improvement in gas mileage and the full $4,500 for a 5 mpg improvement.
  • Large, light-duty trucks must get at least 15 mpg with $3,500 for those with a 1 mpg improvement from your old car and a $4,500 subsidy for 2 mpg improvement.

Good news for the auto industry, but what about the rest of us

Then, we get to the part only slightly covered in automotive industry news that we feel should be revisited before the rules are finalized: Where do the old cars go?

Well, under this Cash For Clunkers plan, the government would take these cars and scrap them, thereby eliminating the economic benefit of reselling those cars in the private sector.  In other words, all of those cars traded in would not be placed into the used-car market, they would hit the scrap yard. Is this good for the environment? Probably. Good for the economy? It might be, but it would have more impact if those cars could re-enter the market and be sold. With the current proposed plan, the car industry would get an economic boost, but that’s the extent of it.

As far as the Cash For Clunkers bill acting as a way to get older, less efficient vehicles off the road – that would be true only for the few who actually qualify under the bill.

As far as we’re concerned at Big Bucks Auto, the Cash for Clunkers plan is too little, too late.

Stay tuned to find out how the cash for clunkers bill and the car industry turns out

Clearly, grumbling about the cash for clunkers bill is growing. The car industry, though, will likely need more of a boost than this bill to provide auto makers with enough steam to turn green for good.

Whether the Cash For Clunkers bill ends up making a difference or not, you can always learn more about how to sell your car in NYC with Big Bucks Auto™. After all, you’ll get a better deal from Big Bucks Auto than Uncle Sam any day.

Learn more about why choose us to buy your car and call us today at 1-888-44-BUCKS or 1-888-442-8257

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When is it Time to Sell Your Car?

February 2nd, 2009 by Buddy Evans
Buddy Evans
Want a new car? Sell your used car to Big Bucks Auto™

How do you know when to sell your car?

The easy answer is simple replacement. You have purchased a new automobile and the older one has got to move on. You might find that the cost of car ownership is too high and want to sell your car for economic reasons. What if you have been laid off or your spouse’s hours have been cut back and the loan amount and monthly car payments are now just too high and you just know; it’s now time to sell your car. Or perhaps you have recently relocated to an area where you don’t actually require a car as public transportation will do? Or you are looking to sell your car to joint the ever growing movement of living without a car. Our Best Cities in the US – Living without a Car article can help you find a great place.

We American’s have a love/hate relationship with our cars

We love our cars when they are bright and new and shiny, or even when they are just new to us. We are fiercely dependant on our cars, even when we don’t have to be. On the flip side, if our cars don’t work properly and cause us troubles, we will easily curse and scream and kick them. No matter what your relationship with your car, always comes the time that you must part ways. No matter what, there will be a time to sell your car.

Selling your car does not have to be a daunting process whatever your reasons, whenever the time comes

Granted you can sell your car privately though the local classifieds or Craig’s List, but with the economy as it is right now, most people are not buying much of anything, much less cars. You also have to ask yourself: “What is my time worth?” Paying for an add, taking all the phone calls, waiting around for strangers, hoping to sell your car and that the transfer will happen is a long arduous process that can be stress inducing under the best of circumstances.

When it’s time to sell your car at Big Bucks Auto we make the selling porcess as easy as possible for you

Basically, it’s a lot easier to sell your car to a specialty used car dealer. We know exactly how to do it efficiently because that is what we do, everyday. Plus we are professional about buying cars. We treat our customers respectfully without haggling and debating the pricing of a car because we always offer a fair price right from the get go. Not to mention the convenience and time savings when you bring your car to us to sell. At Big Bucks Auto, selling your car takes about 15 minutes.

When it’s time to sell your car, we have the answers to all your questions:

  • how to sell your car when you have a loan?
  • early lease termination sell car?
  • how can I sell my car with expired tags?
  • how can I sell my car if the registration is expired?
  • can I sell a car with money still owed?
  • what paperwork is needed to sell my car?

No matter what your personal situation, or concerns, please give us a call. We have simplified the process of selling your car and have all the answers.

When it’s time to sell your car, Big Bucks Auto is here for you! You can sell your car for cash in 15 minutes.

Learn more about how to sell your car in NYC - call us today at 1-888-44-BUCKS or 1-888-44-8257

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Avoid Repossession of a Car!

November 2nd, 2008 by Buddy Evans
Buddy Evans

You risk having your car repossessed when you stop making payments on your car because you can’t afford it

sell your car to Big Bucks Auto™

You want to do whatever it takes to avoid repossession of your car.  Fortunately, you can take preemptive action to keep this from occurring.  But first, let’s look at why it’s so important to avoid auto repossession if at all possible.

Why is it so important to avoid repossession of a car?

If your car gets repossessed you’ll kiss your credit goodbye

Repossession will absolutely destroy your credit. You can expect this to negatively affect your credit for at least seven years!  That’s a seriously long time to live with damaged credit, which will result in horrible lending rates on any future loans or mortgages, among many other things.

You’ll probably still owe money

Once the vehicle is repossessed, it is sold off at auction, and the balance of the car payoff is due immediately. Talk about fast cash for cars, only in this case, you’re the one OWING the fast cash! Chances are that paying the bank off will be difficult for you to do, as repossessed cars are often sold very inexpensively at auction.  This leaves you with a huge one-time pay off amount you’ll have to make.  Can’t make the car payment?  The bank may file suit against you, or garnish your wages.  Not good!

You’ll obviously no longer have your car!

They’re going to take your car or truck!!!  Isn’t this reason enough to avoid repossession of a car?!

Avoid car repossession at all costs!

Do whatever you can to avoid defaulting on the auto payments and getting your car repossessed! Why let the bank take your car and sell it for you?  You will be far better off selling your car and paying the loan off yourself.

To avoid the car repossession scenario, you’ll need to continue making payments on the car, or sell the car. Continuing with the car payments could be difficult, and may mean taking a second job, or cutting other, more arguably important expenses like food, health and housing.

If you sell your car you can get back on your feet financially – and prevent  repossession of your car

As you know, you could sell your car to us at Big Bucks Auto, where we’ll give you the fast cash for your car – cash you need when you are trying to avoid repossession of your car.  Not only do we give fast cash for cars, we give top dollar.  Learn more about how to sell your car fast in our Automotive Articles section.

Whatever you do, you’ll be better off financially if you sell your car, pay off the loan, and start fresh.

Thinking about selling your car? Read our How to Get Fast Cash for Cars article for some useful tips.

Learn more about why choose us to buy your car and call us today at 1-888-44-BUCKS or 1-888-44-8257

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How do i Sell My Car Fast in NYC?

October 2nd, 2008 by Buddy Evans
Buddy Evans

I want to sell my car and I live in NYC.  Where do I start?

sell your car in NYC to Big Bucks Auto™

If you’re living in NYC and you’re wondering, “how do I sell my car”, you’ve come to the right place.  But before we begin, let’s look at why you want to sell your car. 

 The easiest way to get to the heart of the matter is to finish this sentence: “I want to sell my car because……”

I want to sell my car because I’m tired of the payments.  It’s too expensive!

People want to sell their cars for a multitude of reasons.  Some folks are tired of the car payments, the poor fuel economy, or a number of other things.  Other people want to sell their vehicles because they simply want to get a different car, or because a new car has caught their eye.

While a number of people WANT to sell their car, some people actually NEED to sell their car.

With the economy the way it is these days, that second car or more luxurious auto might be an issue preventing more vital bills and expenses from getting paid for.  There is a huge difference between what we want and what we need and the actual need also can put time constraints or a real rush on the issue.  If you need to sell your car in NYC fast, for whatever reason, you’ll want a quick solution. 

The category you fall into, either “I want to sell my car” or “I need to sell my car,” will help us determine the most appropriate and effective course of action.

I don’t just WANT to sell my car; I NEED to sell my car.  NYC is too expensive as it is, so I have to unload this car now!  

If fast sale is important to you, then we can narrow down your viable options on how to really sell your car fast in NYC. 

You could put your car up for sale privately, with a newspaper or listing ad that you have to pay for. Attempting to sell your vehicle that way can take quite a while depending on your asking price and the number of people searching for a used car like yours, so be careful. If selling your car privately, you should also be careful for another reason: you’re attracting attention from shady individuals and potential scammers who have been targeting individuals just like you.  Feel free to check out our article Selling Your Used Car? – Be Careful!  as it details some of the things to watch out for when selling a car privately. 

For a faster and safer sale, you could always consider a used car buyer.  A used car buyer’s sole purpose is simply to buy your car, so instead of searching for someone who might want to buy your car, you go to the place that you know has a real business interest in your car.

Working with a car buyer can make things a heck of a lot easier for you. Your potential car buyer does not have to check with his wife to make sure she likes the color. You won’t get a sob story over why you should lower the price or hold the car until his next payday.  Plus you don’t have to wait about, spending hours of your valuable time and not knowing what the outcome will be.  At our car buying service, Big Bucks Auto™, we’re able to give you a free quote on your used car in as little as 20 minutes.  Talk about fast cash for cars! 

But, how do I know that I am selling my car for what it is really worth?

When figuring out what your car is worth, just remember, Kelley Blue Book Values can be misleading.  You may find that you’re simply not able to sell your car for its Kelley Blue Book Value no matter what avenue you pursue.  KBB values are often completely inaccurate. 

All used car buyers have their own method of determining a car quote, so this is where reputation really matters. A reputable licensed and bonded bar buyer will give you a fair, accurate price, even if this price is not always the same as the KBB value. 
At Big Bucks Auto™, we always buy cars for very fair prices.  Whether over our toll free number or via the internet, we are more than happy to provide customers with a quote to they can make a sound accurate decision on how to sell their car with no obligation at all.

It’s that simple? I get a quote and I sell my car? How long until I actually get paid?

Again, different places have different standards in their business. 

Big Bucks Auto™ the whole process usually takes less than 20 minutes and we like to make it as painless as possible for our customers.  You come in with a car and you walk out with cash. In fact, right now, we are even offering coupon valued up to $100 cash in travel expense for free gas in addition to the car payment.  It can’t get any easier than that.  If you choose to sell your car to Big Bucks Auto, you’ll get paid cash on the spot at our NYC location.

——————————————————————————————

Go from “I want to sell my car” to “I sold my car” in minutes!

 Sell your car, super fast. At Big Bucks Auto™, you can get a free appraisal to sell your car today, with no obligation.  We are highly reputable used car buyers; the largest used car buyer in the NYC Metro / Tri-State area serving all five New York City boroughs, Long Island and New Jersey.  With Big Bucks Auto™, you’ll be able to get fast cash for your car, without the hassles of selling privately.  So come on in to Big Bucks Auto™ today, and get a free no obligation quote on your used car!  

Learn more about why choose us to buy your car and call us today at 1-888-44-BUCKS or 1-888-44-8257

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Cars with Good Resale Value – Resale Value Series Part 3

September 1st, 2008 by Buddy Evans
Buddy Evans

Car Resale Values Matter Whether You’re in the Market to Buy a New Car or Sell Your Current Ride

BMWs keep their resale values high

After all, cars with good resale value generally make for much smarter buys new, because you’ll get more of your money back when you go to sell your car someday.  So whether you’re buying or selling your car, you should be interested in car resale values and the forces that drive them.

So Why Do Some Cars Have Higher Resale Values Than Others?

1. For the most part, car resale values are a product of consumer perceptions

First and foremost, car brands and models that are synonymous with quality and reliability often have very good resale values.  Brands that come to mind in this category are Toyota and Honda, among others.  These cars are generally perceived to be very reliable, and this helps fuel their strong resale values.  Since consumers are willing to pay a bit more for this reliability on the used car market, these cars often have good resale values.

2. Another factor contributing to good car resale values in today’s market is fuel economy

Now, more than ever, astronomically high gas prices are having major impacts on used car resale values. Consumers are looking for cars with good – if not great – fuel economy.  Large SUVs and trucks, vehicles which often get less-than-stellar fuel economy, have generally poor resale values as a result.

3. While SUV’s and large trucks are selling poorly due to high gas prices, smaller cars which are perceived to be ‘good on gas’, are exhibiting very high resale values

Again, smaller cars, from makers like Honda, Toyota, Mazda and others come to mind, as they generally get very good gas mileage; a feature consumers are willing to pay a bit more for in today’s market.

4. Still, some exceptions in car resale values exist!

Cars from Hyundai and Kia, although generally perceived to get excellent gas mileage as well, still do not have very high resale values. This could be due to the fact that negative consumer perception of other factors, like construction quality, and overall reliability, outweigh the positive impacts that good fuel economy has on these cars and thus the resale value of these cars is lower.

5. Other consumer perceptions, like perceptions of high-class luxury, also have big impacts on car resale values

Luxury European automobiles and super-luxury cars in particular, have very high resale values.  Cars like Porsches, BMWs, and others often demonstrate high resale values as a result.  Consumers view these cars as being high quality, high-class, and this is reflected in strong demand on the used market, keeping resale values high.  These cars often also have high ratings in safety and durability, further contributing to their good resale values.

6. But wait; there are exceptions to the ‘luxury’ rule as well!

Some luxury cars do not have high resale values, although they may still be of generally high quality.  Jaguar and Saab cars often fit into the luxury category, but this is not reflected in their resale values, which are notoriously, lower than many other luxury car brands.
All in all, consumer perceptions and overall public opinion of a car brand and model, in combination with economic factors, like high gas prices, all have major impacts on car resale values.

Are you wondering if your car has a good resale value?

Why not find out!  At Big Bucks Auto™, you can get a free appraisal to sell your car today, with no obligation.  We are a highly reputable used car buyer; the largest used car buyer in the New York Metro / Tri-State area.  With Big Bucks Auto™, you’ll be able to get fast cash for your car, without the hassles of selling privately.  So come on in to Big Bucks Auto™ today, and get a free no obligation quote on your used car!

Learn more about why choose us to buy your car and call us today at 1-888-44-BUCKS or 1-888-44-8257

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Top 10 Factors That Affect Car Resale Values – Resale Value Series, Part 1

July 1st, 2008 by Buddy Evans
Buddy Evans

When you go to sell or trade-in your used car, there are many factors that will contribute to the car’s resale value. Some of these factors are far more obvious than others, and many may even be out of your control as a car owner. However, it can still be helpful to keep the factors that affect an automobile’s resale value in mind before buying a new car, or selling your current car.

sell your car to Big Bucks Auto™

Here are the top 10 factors affecting your cars resale value.

1). Mileage.

Your cars mileage probably has the biggest impact on the vehicle’s resale value.  It’s really quite simple; cars with fewer miles are generally worth more money.  A good rule of thumb is that 10,000 – 12,000 miles per year is considered to be about average.  Much more than that will likely have a negative effect on your car’s resale value.

2). Season.

To get the best resale value for your car, try to sell your car in its best season.  In other words, a 4×4 vehicle will likely sell for more, and sell more quickly, during the winter months, while a convertible will have the best resale value during the summer months.

3). Condition.

Cars in better condition are certainly worth more when it comes time to sell. Dents and dings, chipped paint and holes in your cars upholstery means a negatively impacted resale value.  Keep your car in good condition and get more money when you sell.

4). Options.

Cars that were ‘loaded’ with all the good most desirable options are worth far more than base model or lightly optioned cars.

5). Make and Model.

Make and model has a huge impact on car resale values.  Some make and model cars are simply less than desirable on the used market, while others are in high demand.  For instance, American-made family sedans generally do not hold their value well, while European cars may hold their value far better for many years. Make and model, and consumer perceptions of the make and model can have major impacts on your car’s resale value.

6). Economic Factors.

Although current economic factors are beyond your control, they still affect automotive resale values.  For example, the currently high gas prices hurt resale values for gas-guzzling SUVs and trucks – while having an extremely positive impact on economy car resale values.

7). Appearance.

A car that looks better almost always sells better!  To maximize your car’s resale value keep it looking good by washing, waxing and vacuuming, especially before you show the car to prospective buyers.

8). Vehicle History.

With everyone having easy access to sites like Carfax.com and other vehicle history reports, it’s easier than ever for a consumer to check on a vehicles history before making a used car purchase.  A history of any collisions or other problems can certainly have a negative effect on your auto resale value; another reason to stay out of collisions and drive safe!

9). Local Supply.

Supply can have a big impact on car resale values.  If there are a lot of cars like yours for sale in your area, it will likely be harder to sell your car.  Adversely, a limited supply could make it easier for you to sell your car quickly – and for more money.

10). Other Factors.

There are a multitude of other factors that can affect automobile resale values, from service records to magazine reviews to the color of your cars exterior.  Some of these are out of your control, while others are not. All in all, you can make sure you get the most for your used car by taking care of it while you own it, keeping mileage low, and staying out of accidents!

Are you curious about how much your used car is worth? Get a free quote to sell your car today, from my team at Big Bucks Auto™.  We are a reputable used car buyer; the largest used car buying service in the New York Metro / Tri-State area.  With Big Bucks Auto™, you’ll be able to get fast cash for your car, without the hassles of selling privately.

Thinking about selling your car? Read our How to Get Fast Cash for Cars article for some useful tips.

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How to Get Fast Cash for Cars 

June 1st, 2008 by Buddy Evans
Buddy Evans

Whatever your reason, you’ve decided to sell your car.  Good news! You can get fast cash for cars – but it’s important to know that of all the possible methods of selling your car, some will be faster, and will get you more fast cash, than others.
This article deals with the main ways you can try to get fast cash for your car!

sell your car to Big Bucks Auto™

Trade-in is Fast but it Won’t Get You the Most Cash for Your Car

Most people already know that trading your car in at the dealership is not the way to get the most cash possible – but this is a fast way to get rid of your car.  Since the dealerships must make money off of your car, they’re only willing to pay you a certain amount of money.  Further, the dealerships must ‘deal’ with the hassle of taking in a used car which they may not originally have desired and may even trade or sell to another dealership anyways.  This makes the trade in fast – but it won’t get you a lot of cash or return.

That being said, there are some cases (although rare) when a dealership will offer you a good fair amount for your trade in.  If you are shopping for your next new car, feel free to see what a few dealerships are willing to offer you.  Chances are you’ll see that you can get fast cash for your car going this route – just not enough cash to justify it.

Sell Your Car Privately for Cash

Selling your car privately is certainly a great way to get the most possible cash for your car.  The tradeoff; it probably won’t be fast cash for your car.  This is because selling your car privately will likely take the most time and effort on your part.  You will have to list your car in classifieds and on car selling websites.  Further, you’ll have to show the car to strangers and potentially allow people to test drive your car.  This process can be stressful – and very time consuming.  There is no guarantee you will sell your car quickly.  The less desirable the car is in the used car marketplace, the more difficult it will be to sell.

If you’re looking to get fast cash for your car, this may not be the way to go.  If time is no issue to you, you may be interested in trying to sell your car privately. Make sure you read my tips in “Selling your Car Privately?  Be Careful!” article before you make a decision.

Sell your Car for Fast Cash to a Used Car Buyer like Big Bucks Auto™

Say you want the best of both worlds.  You want to sell your car fast, and for the most cash possible.  It sounds like you’re looking for a used car buyer.  A reputable used car buyer like Big Bucks Auto™ will give you a free quote on your car in seconds.   We can give you the most possible and fast cash; we’ll pay you on the spot!  The immediate cash payment and no pressure from our team makes us one a way for you to get truly fast cash for your car. To learn more or to get a quote, call us or fill out our online form to get a free quote to sell your car today!

Learn more about why choose us to buy your car and call us today at 1-888-44-BUCKS or 1-888-44-8257

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Selling your Car Privately? Be Careful!

May 1st, 2008 by Buddy Evans
Buddy Evans
sell your car to Big Bucks Auto™

So you’re interested in selling your car privately.  After all, you can probably make more money selling privately than you would by simply trading the car in on your next new car.  But before you list your car for sale in local newspapers, on local car sites, or on an auction site like eBay, there are safety issues to consider.  After all, you’ll be meeting with potential buyers who are also complete strangers.
Follow these tips to ensure your safety when attempting to sell your car privately.  Before you go through all the trouble, bring your used car in for a fast and free quote from a reputable used car buyer like my team at Big Bucks Auto™.  You may find that you can skip all the hassle associated with selling privately, because we pay top dollar for used cars!
If you’re interested in selling your leased car, read our article on “Getting Out of a Leased Car“.
If you would still rather sell privately, follow these simple precautions – and be safe!

Find out how much you can sell your car for

To learn about how to accurately value your car and pick an asking price, check out our article “Why Kelly Blue Book Values Can be Misleading”.

Ask to see the car buyer’s license

This may sound like a no-brainer, but most car sellers don’t practice this when meeting with potential buyers.  Ask to see a valid driver’s license!  If you ask to see a license and then make copies of the license, you’ll be able to cover yourself should a car accident occur.  You’ll also be assured that a legal – and hopefully skilled driver – is test driving your car.

Meet in a safe public place

Rather than asking the car buyer to come to your residence, meet in a public place.  It is best to not let total strangers know where you live.  Also, don’t give out too much of your private information.  The car buyer does not need to know your address or any private info at this stage.

Be careful about allowing test drives

Chances are a serious potential car buyer will want to test drive your car before making a decision.  But be careful about who you hand over the car keys to.  Young drivers who may not yet be especially skilled at driving may not be the best people to let behind the wheel of your car.  In this case, ask the buyer to bring an adult or parent to test the car.
Also, if your car has a manual transmission, make sure you trust that the buyer who will be test driving your car is fully skilled at driving a manual.  The last thing you want to do is cringe at the smell of your burning clutch as your potential buyer destroys it.

Watch out for “tire kickers” and “test pilots”

Some people love test driving cars just for the heck of it, while having no real intention of purchasing your car.  Keep an eye out for “car buyers” who fit this profile.  If your car happens to be a sports car, be especially wary. Sporty cars tend to attract a ton of “test pilots” who are simply interested in a free thrill ride.

Keep an eye out for scam attempts

When you post your car for sale privately – especially online – you’re asking for attention from potential scammers.  Many of these attempts will be all too obvious, but some scammers have come up with some pretty unique ways to rob individuals of their cars or money.

Watch out for certified check scams and bogus Escrow Services

Scammers today, both near and abroad, have come up with some very genuine looking counterfeit checks – and even phony escrow services – that look like the real thing.  To ensure you’re receiving a ‘real’ payment, always physically cash a check or any other form of payment before handing over the keys.

Selling Your Car on an Auction Site

If selling your car on an auction site like eBay, be sure to carefully research the potential buyer and bidding history before completing the transaction. According to the Federal Trade Commission, the most frequently reported internet fraud occurs on auction sites. Car sellers are often most targeted by scammers, as cars are generally such high-dollar items; leaving scammers with potential for big rewards.

Selling Your Car to International Car Buyers

Last but not least, watch out for international buyers, especially those who offer to pay your full asking price, plus more, to ‘cover shipping charges’.  These buyers, who offer to send a generous certified check in exchange for you sending the car, are extremely common today.  Try to stick to selling within your own country if possible, and remember the old saying; “if it sounds too good to be true, it probably is”.

Don’t Go it Alone

If possible, bring a friend along whenever you meet with a potential buyer.  A friend can help provide good judgment and also provide a bit of protection in case you end up meeting with a shady individual.

If you follow these steps and use your better judgment, you’ll be a whole lot better off when you’re attempting to sell your car privately.  If you would rather skip all the trouble and sell your car fast – and likely for as much or more than you could privately, visit us at Big Bucks Auto™, one of the largest and most reputable used car buyers in the Tri-State area!

To sell your car fast for the best price possible call Big Bucks Auto™, a company that is authorized to buy used cars directly from their owners. This is the easiest, fastest, safest and most reliable way to sell your car at the price you want.

Learn more about why choose us to buy your car and call us today at 1-888-44-BUCKS or 1-888-44-8257

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Getting Out of a Leased Car

April 2nd, 2008 by Buddy Evans
Buddy Evans
leased truck

Maybe you’re moving to the big city and you’ve decided you won’t need your car anymore. Maybe you’re simply tired of driving your current car. Whatever the reason, you want to get out of your current car lease. Only problem is, your lease hasn’t expired yet and you don’t want to wait any longer to get out and move on.

How Can You Get Out of Your Car Lease?

Fortunately, there are options available to the individual who wants to get out of a leased car.  But unfortunately, there’s no ‘magic pill’ to take when it comes to getting out of a lease.  This article will review all the options.  Chances are, one of the possible solutions outlined in this article is best for you – but it all depends on your current situation.  Read on and learn how you can get out of your car lease with:

  • Lease trading websites
  • A Buyout
  • Returning the leased car early
  • Allowing a car buyer to negotiate the terms on your behalf and then buy the car from you

Leased Car Trading Websites

In lawyer speak this is called “lease assumption”.  These sites are — you guessed it — places where current lease holders can list their cars, lease details and contact information.  Lease seekers then browse these websites in search of cars and opportunities that match what they were looking for.

But before you go and annul your current car marriage via one of these lease trading sites, there are some major issues to consider.

Does your car leasing company allow transferring the lease?

First and foremost, some car leasing companies prohibit the transferring of car leases altogether!  That may or may not apply to you; so you’ll have to do some homework to find out if trading your leased car is even a viable option.

Finding a lease trade partner can take time

Remember that it could take some time before the right person – who is hopefully local enough to do a deal – finds your car and contacts you about a potential lease trade. If time is an issue, lease trading isn’t the answer.

And what if the individual you trade your lease with defaults?

This is a big one that many in the lease trading world don’t want you to know about. If the person who you trade your lease with defaults on the lease at some point, you’re still responsible! In other words, you carry a great deal of risk even after you’ve traded your lease.    If your lease partner quits making those lease payments, even several months or years down the road (depending on the lease), you’ll wind up in some very hot water.

So say lease trading isn’t for you.  Say you’re looking for an instant exit.  Fear not, as there are still other escape routes to explore.  Like, for instance, the buyout option.

Buyouts

By buying out your leased car, and then selling it yourself, you can effectively avoid things like wear and tear charges and early termination fees.  These features all make the buyout option look pretty darn appealing.  But remember; in many scenarios, the red tape, hefty buyout price offered, and sales taxes can be enough to make this option look quite unappealing too.

If you’re interested in buying your car out and then selling it, be sure you know whether or not the buyout price offered is a good deal.  A reputable car buyer like Big Bucks Auto™ can tell you exactly how much your car is worth with a free car appraisal.  This way, you’ll know if the buyout option really is a good deal, and you’ll have an idea of how much you may be able to then sell the car for.

Turning in the leased car early

With the loads of early termination fees and possible legal ramifications depending on your lease, this may not be much of an ‘option’ to getting out of your leased car.  There will almost certainly be a huge cost involved if you try to turn in your leased car early.  In many cases you will still be obligated to pay the remaining balance on the car lease, or some combination of these payments, along with other penalties, like charges for wear and tear or mileage over the allotted limit.
For most individuals, turning in the car early is simply not an option.

There has to be an easier way!

You could sell your leased car to a used car buyer.  But why?

If you choose an honest and professional car buyer experienced in these types of transactions, this may very well offer the best “bang for the buck”.  And speaking of bucks, Big Bucks Auto™, one of the largest car buyers in the tri-state area, can easily handle these tricky lease scenarios.

If you happen to be in the tri-state, NY, NJ area, you’re in luck as you’re close enough to do business with Big Bucks Auto™. We’ll help you get out of your current car lease, and then we’ll give you the best price possible.  Get a free quote – FAST, by simply filling out a short information form.

At Big Buck$ Auto we’ll contact your lender or lease company to obtain the lowest possible payoff amount on your account.
And even better, we can negotiate to get you the best deal possible. In most cases, Big Bucks Auto™ will provide the bulk of the money required to pay off the lease.  For most, this is the easiest ‘way out’ considering all the alternatives.

Read Why Choose Us to Buy Your Car for a better understanding of what you can expect when dealing with a used car buyer like Big Bucks Auto™.

Learn more about how our free used car appraisal works – call us today at 1-888-44-BUCKS or 1-888-44-8257

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