Guaranteed Buyback
Whether you are on a GapYear, Working
Holiday Visa or simply wish to chill out on your tour
of Australia, the Guaranteed Buyback is your insurance
policy for return on the investment of purchasing a
car.
Our rock solid buyback guarantee is considered the
best in the business and is a clear and written document
you receive with your car purchase. Your car or camper
doesn't need to pass a roadworthy inspection upon return
to claim your buyback, as most cars will not after travelling
up to 30,000kms. Guaranteed Buyback contracts offered
by other dealers that require you to pass a roadworthy
inspection before the buyback is honored are worthless!
To claim your buyback with Travellers Auto Barn, all
you need to do is simply book your buyback in with us
7 days prior, and when you show up with your car you
will have cash in your hand within 1 hour. How easy
does that sound?
Why do I need a Buyback?
- you don't wish to spend the last 10 days in Australia,
underground in the car market (concrete car park)
trying to sell your car
- at certain times of the year you cannot sell your
car
- at certain times of the year, your buyback will
be larger then what you can sell your car for
- selling your car is easy for some, hard for others
- you have a document in your hand that tells you
how much your car is worth at a minimum, and you can
see who offers you more
- Australia is very large and each city has a different
tourist season effecting the saleability of your car
Buyback Rates
Below is a table of approximate Buyback rates. The
final price will also reflect the condition of the car
and whether the terms of the Buyback
Policy were adhered to.
| TIMESPAN |
BUYBACK
RATE |
| Less than 8 weeks
|
Negotiable (you
may want to Rent) |
| Up to 8 weeks |
50% of Purchase |
| Up to 6 months |
40% of Purchase |
| Up to 12 months |
30% of Purchase |
Buyback
Policy
The conditions of the buyback guarantee are very simple.
The basis of the agreement is that we, Travellers Auto
Barn will guarantee to buy back the vehicle you purchase
for approx. 40-50%. Apart from the bodywork and the
windscreen, the mechanical condition of the vehicle
upon return will NOT affect the buyback price.
The mileage or kilometres travelled is also of no concern
to the calculation or payment of the buyback price.
The percentage buyback is negotiated before departure,
so you will know exactly what money to expect upon return.
This is a fixed and written guaranteed buyback price.
We ask you to keep the vehicle in a roadworthy condition
and to service the vehicle every 5000 km. Approx. cost
of servicing the vehicle should be $50 for a simple
oil change at 5000 km and possibly $150 for a more thorough
service and tune-up at the 10,000 km mark. Click
here for full policy
Buyback Guarantees
Insurance against failing to sell or the cheapest
way to maximise your time on the road.
The advantage of the buyback system is that you know
before you begin your journey what your bottom line
is, allowing you to make important decisions regarding
your budget and, most importantly, your time.
If you do not wish to spend your last week in Australia
worrying about selling your car, a buyback guarantee
can give you a way out. If your best attempt at selling
the car still proves fruitless then you can fall back
on the buyback guarantee.
Most people find it easy to sell their car for
more than the buyback price but enough people run into
difficulties selling their car to make the buyback guarantee
great insurance.
The only dealer offering true guaranteed buyback deals
is Travellers Auto Barn. Our 30 to 50% buyback guarantee
is fixed and written. No fine print and no games. We
do require you to service the vehicle every 5000km which
should cost you no more than $50 and keep the car in
good running order- which is more to your advantage
anyway. The evidence of this 5000km servicing should
prove very comforting to prospective buyers when the
time comes to sell your car.
If you are in Australia for approximately 3 months
and you spend 3 weeks out of 12 weeks, firstly buying,
then selling, and then more likely repairing at some
stage, has the whole exercise been good economics or
simply a waste of time?
The longer you own the car the better the value if
you accept the buyback guarantee. However, the buyback
guarantee is most important as insurance to those people
travelling less than 6 months.
Buyback Example:
| Ford
Falcon Stationwagon 1987 |
| Purched price : |
AUD$3600 |
| Buyback price after
8 weeks: |
50%
(AUD$1800) |
| Buyback price after
6 months: |
40%
(AUD$1440) |
| Buyback price up
to 12 months: |
30%
(AUD$1080) |
|