Recent Sales to MyCarAuction?

Wanted to check whether anybody has recently sold a car to MyCarAuction. When I sold two cars to them previously, both of which were leased, they cut a full check to me (which I then used to payoff the leasing company directly) and then they picked up the car. Now, for the X5 I am looking to sell, they want to pay the balance to BMWFS directly and only cut me a check for the difference. They would pick up the car before the payment clears/posts with BMWFS.

I get where they are coming from, but I get a little nervous releasing the vehicle to them until I confirm the payoff has been posted. Curious to hear others experience if you’ve recently transacted with them.

I believe they are permanently closed.

That is odd as they are still giving out offers and apparently buying vehicles.

That’s a pretty big red flag as ‘cutting you a check’ could mean it bounces.

Yes agreed.

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