Click here for your local Vehicle Registration and Licensing Office Contact Details.
Sell my Car for Cash - How does It Work?
In order to start the process you need to either complete the form on the right or phone us since we need certain information from you before we assist you.
1. Qualifying Questions:
Where are you based?
Vehicle make, model, colour and the year of first registration (Year model)?
Is there any damage on the vehicle?
Is the vehicle in running condition?
Is there a settlement on the vehicle or is it paid up in full and if not, do you have the original registration document for the vehicle?
What is the mileage on the vehicle?
Does the vehicle have a complete service record?
How long have you owned the vehicle?
In whose name is the vehicle registered?
Do you have the original registration document for the vehicle?
Is the vehicle’s license disk up to date?
When and where would it be possible to view the vehicle?
What price would you be looking at on the vehicle?
Why are you selling the vehicle?
When would the vehicle be available if we were to agree upon a price?
Please have the original registration documents as well as a copy of your ID ready when we come through
If there is a settlement on the vehicle, request a settlement letter from the bank and also have a copy of the letter ready.
2. Meeting and seeing
We have a thorough look at the car
We do not criticize, we may comment if you like.
We discuss an agreeable way for test-driving the car
You can come with, or we leave our own car with keys, plus one of us stays usually.
We drive responsibly!
We agree on a price and conditions of sale
You don't need to prepare the car
It must only be drivable
Don't spend money on it before we have seen it, we have much more affordable resources than you probably have.
Relax! We do it every day.
3. Documentation and paperwork
We do the paperwork together. We will need your ID!
If you have not had the car for long we need proof of residence i.e where you stay - bills for instance.
All of the above is negotiable if you want to use your own contract we would probably not have a problem with that.
Normally we pay by Electronic Funds Transfer (EFT), and we do Express Clearances that apply to most banks, but not to Investec or Nedbank, where the clearnce take between 12 hours in Investec's case, or 24 hours in Nedbanks case. If you need a cash payment we need to arrange that before the time, so we can take precautions.
Otherwise we could pay with bank cheques too if that is your wish, but that is a bit of a shlep in comparrison with EFT's, which is by far more user-friendly.
HERE FOLLOWS MORE ON:
1.Documentation and paperwork
THREE SCENARIOS APPLY:
a.) VEHICLE IS UNDER FINANCE:
We need a settlement letter from the financial institution
The certificate of registration is with the bank and we will request it after we have settled the bank on your behalf. Relax, we do absolutely everything for you.
b.) VEHICLE WAS UNDER FINANCE BUT WAS SETTLED LONG AGO:
If it is settled and they have not sent you the documents, the same procedure as above applies.
c.) VEHICLE WAS BOUGHT CASH, YOU ARE TITLE HOLDER AND OWNER:
For us to buy the vehicle we need a copy of your ID as well as the valid original certificate of registration. If you do not have that – see elsewhere on site for the procedure to apply for a duplicate registration certificate. Click Here for that Procedure.
2. Payment structure and procedures
Depending on the structure of the deal there are a number of different payment options and protocols:
If there is no settlement on a vehicle and if the client has the original registration documents and the vehicle is immediately available, the full amount can be paid immediately and the car taken away on confirmation of payment.
If there is no settlement on a vehicle and if the client has the original registration documents but the vehicle is not immediately available, a deposit can be paid and a later collection date arranged
If there is no settlement on the vehicle and the client does not have the original registration document and ownership can be confirmed and the vehicle is immediately available, the full amount can be paid with R5000.00 retention held back, payable on receipt of outstanding original registration document.
If there is a settlement on the vehicle and the settlement is lower than the agreed upon price, We Buy Cars will pay the full settlement and the difference will immediately be paid to the client
If there is a settlement and the settlement is higher than the agreed upon price, the client is to pay the remaining balance to the bank first and send proof of payment to We Buy Cars on receipt of which We Buy Cars will pay the offered amount over to the respective financial institution
If there is a settlement amount and the settlement amount is lower than the amount offered and the vehicle is not available immediately, We Buy Cars will settle the vehicle in full and the balance of the amount will be paid to the client 24 hours prior to collection of the vehicle.
Some people are very sentimental about their cars, especially the ladies, so we would try our best to find a suitable owner for your car, who would treat it with the same tender loving care you have!
So just give one of us a call and we will get you sorted out!