Buy Back Program: Used Car

: The dealer contacts you offering a premium or competitive trade-in value for your current car, usually contingent on you purchasing or leasing a newer model from them.

: Manufacturers legally must fix the defects and pass strict inspections before these cars can be resold on the used market. They are typically sold at steep discounts (30% to 40% off market value) but will carry a "branded title" noting its buy-back or lemon history. used car buy back program

: Some dealers feature a "buy-back guarantee" that acts as a short-term return policy (e.g., 3 to 7 days) to help buyers overcome cold feet or buyer's remorse. : The dealer contacts you offering a premium

A manufacturer buy-back occurs when an automaker is compelled by state "Lemon Laws" or chooses voluntarily to repurchase a vehicle from the consumer. : Some dealers feature a "buy-back guarantee" that