AssuraCar buyback plan options include the following options (auction sale/transportation/misc. fees added to vehicle purchase price are not included or calculated toward the stated buyback percentage allowance):
Standard Membership Plans
AssuraCar GOLD: 100% vehicle buyback/remarketing allowance through 45 days of vehicle ownership; 250 max mileage allowance from date of purchase.
AssuraCar PLATINUM: 95% vehicle buyback/remarketing allowance through 75 days of vehicle ownership; 500 max mileage allowance from date of purchase.
AssuraCar ELITE: 90% vehicle buyback/remarketing allowance through 105 days of vehicle ownership; 750 max mileage allowance from date of purchase.
Premium Membership Plans
AssuraCar GOLD: 100% vehicle buyback/remarketing allowance through 60 days of vehicle ownership; 250 max mileage allowance from date of purchase.
AssuraCar PLATINUM: 95% vehicle buyback/remarketing allowance through 90 days of vehicle ownership; 500 max mileage allowance from date of purchase.
AssuraCar ELITE: 90% vehicle buyback/remarketing allowance through 120 days of vehicle ownership; 750 max mileage allowance from date of purchase.
Eligibility Requirements
Traded in or non-auction acquired vehicles can participate in buyback program allowances but will require ACV approval at time of plan purchase for consideration.
All fees unrelated to the vehicle buy fee stated on the auction purchase order or bill of sale including vehicle transportation or any other miscellaneous fees are not included or calculated toward the stated vehicle buyback/remarketing percentage allowances.
Vehicles must be 15 years or newer with no mileage restriction in place and must be in the same or better condition compared to the vehicle’s acquisition date (vehicles with inaccurate odometer disclosures, kilometers or TMU will be disqualified from program allowances; see terms and conditions for additional AssuraCar buyback program disqualifications).
Vehicles with confirmed pre-existing mechanical failures and vehicles that have not been mechanically inspected or repaired during the guaranteed buyback provision timeframe will be disqualified from any buyback/return provision program allowances (vehicles with minor repair needs will still be considered for program allowances). The AssuraCar buyback program is designed for “good faith” coverage, to offer buyback assistance for appropriate business use vehicles, and is not considered a resource for liquidating program disallowed vehicles, purchase errors, or vehicles that have mechanical, cosmetic or other issues that drastically reduce the vehicle’s value. The 21-day vehicle return allowance is only available for qualifying vehicles that have a premium program plan purchased.
See terms and conditions for a complete description of the 21-day vehicle return eligibility. It is the responsibility of the vehicle owner to deliver any 21-day return program vehicle to a designated partnering AssuraCar auction facility. AssuraCar does not offer transportation reimbursement assistance for vehicles that are returned through the 21-day vehicle return program. AssuraCar is, however, responsible for securing vehicles and paying for required transportation methods related to all vehicles that are repurchased under the buyback provision for premium program type purchased plans. Vehicles must be located within 250 miles of a partnering AssuraCar auction facility to qualify for transportation assistance (Standard program plans do not qualify for any vehicle transportation cost allowances or credits).
Guaranteed buyback/remarketing program provisions are allowed for vehicles purchased up to $35,000 (vehicles purchased over $35,000 will have a 1% vehicle evaluation fee deduction applied to buyback allowance based on program guidelines).
See Terms and Conditions for full list of ineligible vehicles.