Work With a Licensed Exotic Purchaser
The modern method that is most effective for getting you a great return on your vehicle without the time and hassle is selling your car to an online buyer.
Pros: Easy, Quick and Fair
The world has evolved considerably in the last 50 years, and the luxury car market has evolved along with it. No longer are dealers and buyers subject to localized listings and geographically convenient locations. Nowadays, there is a worldwide network of buyers and sellers that trade exotics across national and international boundaries every day.
With the ease of communication and transaction powering this new network, top luxury car buyers have developed advanced ways to solve the most considerable drawbacks of traditional exotic car exchanges.
Similar to dealerships, exotic car buyers like We Buy Exotics have institutional advantages. There is always plenty of cash available to make a reasonable investment in a vehicle. Additionally, their agile and highly experienced staff is able to offer you the absolute top dollar for your luxury or exotic vehicle, and their goal is to make the process as smooth and easy as possible.
In most circumstances, you receive your appraisal within one day after you enter your VIN, you are wired the payment the moment you approve the transaction, and professionals come pick-up your vehicle from your home at your convenience.
And while those institutional benefits make your life easier, they also cut down on inefficiencies in the sales process. That means your cash offer from a company like We Buy Exotics will likely exceed that which a dealer will offer you.
Overall, choosing a company like We Buy Exotics offers convenience and efficiency without sacrificing value along the way. It’s the modern, specialized approach to selling your exotic vehicle.
Methods for Selling An Exotic Vehicle You’re Leasing
While it is more common to think about selling a car that you own outright, you can also exchange an exotic car you are leasing.
This process works a little differently because there are some added layers of complexity. Before you move forward, you should make sure you have some equity in your car.
To find your equity in your leased car: Get an appraisal from We Buy Exotics or a similar company. Kelly Blue Book is another popular resource that can provide you with a ballpark estimate. Once you have the appraisal, find the residual value of your lease contract (this is the same as the buyout amount you would pay at the end of the lease). Subtract your residual value from the appraisal price, and you have an educated guess for your equity. It’s important to note that this value is likely a range that is subject to negotiating factors.
Now, if you want to turn that equity into cash or another exotic vehicle, here’s how:
Sell Your Leased Car to a Dealer
Similar to selling a car you own outright, selling your leased car to a dealer is an easy way to step out of a lease agreement.
Since these are professionals who understand these sorts of transactions, they’ll be able to guide you through the steps of transferring a lease. The team will help you calculate your equity and provide a cash offer for your exotic.
Once again, although this is a quicker route than privately selling your exotic, don’t expect to receive full value for your lease agreement.
You can curb this a little bit by making you go to a dealership with the same brand of car you’re looking to unload.
Pay Your Buyout Fee and Sell It Privately
Almost all leasing contracts allow you to buy out the car at any given time during your leasing period. You can either purchase this outright with cash or take a loan to cover the expenses you incur. Either way, you need to buy the car for the ability to sell it privately.
Once you’ve gotten out of your lease, the process is identical to the one listed above. You are responsible for pricing, promoting, marketing, screening, and selling your exotic. This process produces a longer sales cycle and a potentially higher reward, but it does run the risk of gouging money over time or ending in an unfair deal.
Swap Your Lease With an Exotic Buyer
At companies like We Buy Exotics, exchanging your lease agreement for its cash value is the standard practice. This process is an incredibly efficient way for you to liquidate a lease agreement you no longer want.
Companies will quickly analyze your lease agreement, determine a value for your lease, and send you the cash for it all in the same day (if you want to move that fast). Afterward, a professional comes to pick up the car at your convenience anywhere across America.
The bottom line is this: You can swap your lease agreement for cash today without leaving your home – a 100% hassle-free process
Choose The Efficient, Modern Option
Whether you’re selling an exotic car you own or swapping a lease, the best method for getting fair compensation for your vehicle is through an international online car buyer.
At We Buy Exotics, we make the selling process as fast as the cars you like to drive. Selling your car and receiving your cash all happens within an efficient four steps:
- Submit your VIN, model and make information
- Receive your cash offer in just minutes
- Get your cash moments after you sign off on the terms
- Schedule the pickup time
No matter where you are, you can receive a cash offer within minutes, and no matter where you’ll be, you can schedule a convenient pick up to finalize the exchange.
Submit your info today to get your instant cash offer!