MY INSTANT OFFER
How is my Instant Offer calculated?
Am I obligated to redeem my Instant Offer?
Your Instant Offer is calculated using a proprietary tool that accounts for fluctuating market conditions and used car prices that may vary from day to day, like home or stock prices. The calculation includes multiple data sources and is based on factors that affect used car pricing such as:
- Your Specific Vehicle Details
Our tool factors in details that are specific to your vehicle and critical to its evaluation, including mechanical condition, options, interior and exterior, mileage, year, make and model.
- Supply and Demand
Consumers have a large role in determining a car's value. When more buyers demand a particular vehicle, and its inventory is down, the value goes up. For example, when gas prices are at a premium, fuel-efficient vehicles may be in higher demand and sell for higher prices.
- Historical Trends
Historically, some cars hold their value and are in higher demand than others. Similarly, sometimes transaction prices for vehicles steadily increase over time, making those cars a more sought after commodity.
- Regional Differences
Buyers may be willing to pay sellers higher prices for the same vehicle depending on regional differences. For example, buyers in rural areas may consider large trucks more valuable than buyers in a city where parking spaces are tight.
- Local Market Influences
We also take into account comparable vehicle sales in your area - this information may include dealer sales data, auction prices, and private seller prices from local advertisements.
No. There is no obligation to sell your car by simply receiving an Instant Offer. The choice is yours.
How much does it cost to redeem my Instant Offer?
It’s free! There is no fee to obtain or redeem an Instant Offer.
Do I have to purchase a vehicle with my instant offer?
No. You simply walk away with a cheque in hand.
How long is my Instant Offer valid for?
Your Instant Offer is valid for 7 days (not counting Sundays). After that time, you can resubmit your request, but your Offer amount may change.
How long will it take to receive my Instant Offer and be paid?
You will typically receive an offer within minutes. The Instant Offer program is not available for all makes and models, so if your vehicle falls into one of the unavailable categories, you will not receive an Offer.
My car isn’t in perfect condition. Can I still get an instant offer?
Yes, if your car is not in an otherwise excluded category.
Can I sell my car if it's financed?
Yes. We will process the necessary paperwork for you to pay off your vehicle and pay any related fees. Any remaining equity is yours to cash in.
How will my car’s condition be verified?
When you present your Instant Offer to us, we will conduct a visual inspection of the interior and exterior, then may test drive the vehicle to confirm its mechanical condition. If the inspection report doesn’t match your online assessment of your car’s condition, the offer may be raised or lowered based on our inspection report.
Where can I find the Vehicle Identification Number (VIN)?
The VIN is on the lower corner of the driver’s side windshield. It can also be found in the driver’s side doorjam and on your vehicles registration papers.
DROPPING OFF MY VEHICLE
Where do I take my car to redeem my Instant Offer?
You can take your car to the WeBuy Head office located at 4280 Portage Ave Winnipeg Manitoba to verify its condition and redeem your Instant Offer.
What information should I bring when I drop off my car?
To finalize the sale, please bring the following information to the WeBuy Head office:
- Instant offer certificate.
- Your vehicle registration.
- If your vehicle is financed, bring in a copy of your lienholder with loan buyout.
- Valid driver’s license or other government photo ID that matches the owner(s) on the vehicle’s registration.
- All keys, keyless remotes and manuals.
- Don’t forget to make arrangements for a ride home and remove all personal items from the vehicle.