buy and sell cars | how it works

FAQ

Ownership and Lien holder Payoff Questions:

Q. What if I don’t have the ownership to the car I’m selling?
A. If you still owe money on your car and your lender has your vehicle’s ownership simply provide us with a payoff letter. CarBuyCo will work with you and your lender to obtain the ownership to your vehicle.
If you have a lost or missing ownership please contact your local Ministry of Transportation to obtain a duplicate ownership. An ownership is required to sell your vehicle to CarBuyCo.

Q. What if I owe money on my car?
A. No problem, CarBuyCo will pay off the balance of your car loan! If we are buying your car for more than you owe we will pay you the difference at time of purchase.

Q. What if I owe more than what my car is worth?
A. No problem, at time of sale you will pay the difference between what your selling price is and what you owe.
If you owe money on your car simply provide us with the payout letter from your lender along with your lender’s contact information. Any questions, just call us! 855-553-9046.

Selling a car:

Q. Can I sell a car on behalf of someone else?
A. Yes, you can sell a car for someone else. Payment is made to the person named on the title. We will need a copy of the driver’s license of the person whose name is on the title. In some cases you may also need a power of attorney.

Q. How do I sell a car owned by my company?
A. CarBuyCo works with businesses of all sizes. If you are selling a vehicle that is titled to a business simply bring a letter on company letterhead authorizing you to sell the vehicle on the companies behalf.

Q. How can I sell a deceased relatives vehicle?
A. We understand this is a difficult time for you and CarBuyCo can facilitate the sale of your family members vehicle for you. The Province requires us to collect power of attorney from the individual appointed to administer the estate as well as a certificate of death. Please do not hesitate to call us with questions. 855-553-9046.

Q. What Documentation do I need to have with me?
A. When you sell your car to CarBuyCo we need the vehicles title, the driver’s license of the person named on the title, the vehicle payout information (if necessary), your keys and of course… the car!

Q. What if my car isn’t running?
A. We will buy your car whether it is running or not. We’ll even come and pick it up!

Q. How do I sell my junk car?
A. CarBuyCo buys vehicles in any condition, including junk, scrap, salvage, and cars good for parts.

Show me the money:

Q. How do I get a buy it now offer?
A. You can start the very simple process by entering your vehicle’s information online or by calling 855-553-9046. We will collect some details about your car and provide a buy it now purchase offer.

Q. How do you determine the price for my car?
A. CarBuyCo has purchased thousands of vehicles. Our expert buyers take the condition of your vehicle in consideration with current used car market values and base our offer accordingly. We guarantee to pay the most of any other written dealer’s purchase offer.

Q. How will you pay me?
A. When you sell your car to CarBuyCo you will be paid immediately with a corporate cheque.

Q. What if I owe money on my car?
A. If you owe money on your car simply provide us with the payoff letter from your lender along with your lender’s contact information. Any questions, just call us! 855-553-9046.