Limit Your Liability

They also work out of their backyards with no insurance. Sometimes they offer more money but there is always a catch. Don’t fall for the trap, they hardly ever transfer ownership legally from you. They dump toxic fluids into the ground to cut cost and they sometimes sell your vehicle to shady body shops that fix your old car in an unsafe manner and then resell it to an unexpected Customer.

This makes you the salesman on paper because the title was never transferred out of your name. It’s called a jump in the industry which is a felony. These companies avoid taxes and fees and it avoids all liability on their part. This is how they can ultimately pay you more which will, in the long run, cost you more. It’s a problem because it leaves you liable for the vehicle for as long as it’s in your name.

The car must be taken out of your name at point of sale. Sometimes the vehicle remains in your name for several years. We’ve seen vehicles years later in impound yards and if you still are on the title you will be responsible for all the fees. If they aren’t paid you will get a lien on your registration and license until the lien is satisfied ultimately preventing you from renewing your current vehicles registration. This is easily avoided if you use a reputable company.

We guarantee that it won’t happen with our company. We know all the regulations and follow them fully to ensure when you sell your unwanted vehicle you will have no future liability on your end.