Everything You Need To Know About Buyback Vehicles

Finding your next vehicle can take some time, so along the way, you’ve probably run into one or more buyback vehicles. These models don’t always get the best reputation, as some drivers automatically assume they’re damaged or faulty. To reach the lot though, they have to pass a rigorous inspection and comply with safety standards. If you want to explore your options, you can view our buyback models today at Victory Ford.

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What Is a Buyback Vehicle?

When a customer leaves the lot with a new model, they might not always be satisfied with its performance. For example, a customer may have left with a truck and later realized that they need something more efficient. When this happens, they can bring their vehicle back to us at Victory Ford, where we might buy the vehicle back as a gesture of goodwill. If you live near Iola, Ottawa, or Garnett, and you want to explore our collection of buyback models, then you can stop by today.

Will The Buyback Show Up On The Title?

The answer to this question is actually “maybe,” as it’s going to depend on your state. Some states require that you have a buyback notice while others don’t. If you want to be sure before you leave the lot, then you can always ask our staff.

Are Buyback Models Worse in Some Way?

You can’t really know the reason that someone brought their model back. This is why it’s easy for some people to assume that these cars are damaged goods, but this isn’t necessarily the case. The manufacturer’s reputation is dependent on the vehicles that they produce and sell, so they aren’t going to put a vehicle on the lot if it’s somehow inferior or broken. It’s important to remember that used vehicles tend to come with a lot of benefits too, which you might not be aware of. For example, used models come with lower insurance rates on average, which could save you money on a monthly basis.

Are Buyback Vehicles Damaged?

If the dealership buys a vehicle with some underlying issue, you can rest assured that it won’t be ignored. Our service department at Victory Ford is filled with talented mechanics, and they thoroughly inspect these incoming vehicles. If there is an issue, it’s going to be quickly diagnosed, repaired, and resolved. The model will only reach our lot once it’s able to pass our inspections.

Are Buyback Vehicles Safe?

As mentioned above, these vehicles are thoroughly inspected, but they also have to comply with all safety standards. This means that if there’s a faulty airbag or some other issue, it’s going to be handled before you even see the car.

Can I Resell a Buyback Vehicle?

You can always choose to trade your model in later on or sell it on the private market. Since this is a buyback model though, you might receive a discounted price. This can be disheartening, but it’s important to remember that you were offered a discounted price in order to get the model in the first place. This can even things out for you, and you might even find that it’s a smart investment.

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