Companies like mycarauction or CarStub in NorCal

If the car is parked on your driveway, it’s a nuisance. Also, who would be responsible if car is stolen? I probably would not be comfortable with this type of arrangement.

Sounds like you can address this directly with the owner thanks to Sam, but I agree that you are not providing free storage for their car and they either need to come get it or find a temporary location for it that is not your driveway.

Hmm still nothing. The car is actually on the street in front of my house and I have one remaining pair of keys. The guy who picked up the car said to give the keys to the truck driver when he comes by. That’s why it sounds so weird to me.

They may be waiting to sell and then ship to the new buyer directly.

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I am mean. If it would be my driveway, I’d call them and say: " i am waiting until end of day today, tomorrow morning car goes into public parking where you pay when you leave the space locked. Keys are sent usps priority. Best of luck"

But that’s just me.

I sold my car the carauction in Aug and went through the same process even though I didn’t have to wait for the tow driver to to pick up my car. I gave the 2 keys to the driver who gave me the receipt after a quick inspection.

@kaz5 Do you mean you are still waiting for them to pick up the car since August?

No, they picked up my car within a week. I actually deliberately delayed the pick up unless the MBFS posted the payment in my account. There was a delay in payment in carauction’s side and when I contacted the person who inspected the car, it was resolved quickly. You can try to contact their central office/car inspector if the shipment is still in limbo.

Someone added their review on another thread

I have a 19 honda accord which is leased through American Honda Finance. I owe $17900 and received an appraisal from Carmax for $26000. American honda does not allow 3rd party buy outs unless its at a honda or acura dealership which offered me $23000. I called up mycarauction did an appraisal and was offered $26000. Within a day had a rep drive to San Francisco and pay off my vehicle and cut me a check for difference minus 10% hold till I mail them title. I do recommend them for anyone else looking to get out of a lease with equity. Tell them Anthony referred you

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I wish the individual I spoke to late last week knew the proper steps and relayed them; their buyer told me I would have to buy my car first (which I was going to do anyway). I would have sold my vehicle immediately had I known he was incorrect. Then, on Monday, three days after our conversation, I was rear-ended after going to the dealership to prepare for the purchase (more cosmetic than anything but still a possible depreciation).

Kris is the guy who bought my car as well, can confirm that the purchase part of the process was drama-free. Car finally picked up today, almost a month after they bought it. Turns out the transportation company wrote down my phone number wrong… :man_facepalming:

I am going to contact the person again with this information. If he still insists I have to purchase the car, perhaps I can reach out to Kris.

Now I am not sure whether I should get the repair to the car done before selling it or sell it as-is and submit a new quote with the damage disclosed.

I was going to pay off vehicle and sell to carmax but they wanted me register title and I would have to pay taxes

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So if I did not have to pay taxes, my profit would have been $13,000 pre-accident. However, I am unsure how much they will now deduct (even though the repair shop said they would only need to polish the transfer).

I will text the buyer I spoke to right now. I want it out of my hands as quickly as possible. After what happened, it is not moving from here on out. So I am keeping it parked if I am selling it.

Thank you for all of the information.

They deducted $200 for curb rash on all 4 rims. Keep me updated let me know what they say.

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any other positive/negative experiences with mycarauction.com?

they are the only online-based platform (ie: carvana, shift, vroom, etc) i found that would buy my car with a lessor-released title (ie: i paid off my lease, lessor mailed me the title showing they release the car & all liabilities to me, but title still has lessor’s name and my name on it)

my friend even reached out to them about his car whose lessor does not allow 3rd party buyouts, but mycarauction said they can certainly do it. Carmax wont even buy cars with lessor-released title

Positive experience here - yet also somewhat strange - similar to @Matt_K1. Appraised/sold in December, car picked up in January. I had to follow up a few times to make sure we were on track to receive title/car pick up, etc.

I just finished an experience with them. My initial offer was received on Jan. 7 and I just got my last $1,000 check from them today. Would recommend and happy to answer any questions.

How long did loan payoff take with them? I sold the car to them 10 days ago and received the equity check but the bank does not have it’s payoff yet.

Want to get the car off my driveway sooner rather than later.