Why Consign with Luxotic?

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Did you know that Dealerships have to put up a $300,000 bond to get a license to consign cars in Alberta?

Those who do not have bonds or licenses could simply sell your car, keep the money and not pay off your loan if you have one.

That makes it very difficult to get your money back in that case.

The Alberta Motor Vehicle Industry Council (AMVIC) is in place to protect consumers from issues like this, and that is why they require the bond, so the dealer is financially backing up their word that they will follow through with all payouts.

What's the point of a consignment program that never actually sells your car?

We will make sure we do the right market research to ensure you are getting fair market value and not waiting months for your car to sell.

We promise not to BS you just to get your listing. We don't want to spend our time marketing cars that won't sell.

We are knowledgeable about all Luxury and Exotic makes and models and will make sure your beautiful car's unique features are showcased to our buyers.

We will take professional photographs that you will get to keep for your own use if we cannot sell your car within the agreed upon consignment period. But we only take on vehicles we know we have an excellent chance of selling.

You will never be able to make more of this, so let us handle the photos, the marketing, the calls, the closing and the paperwork so you don't have to.

"Is this still available?"

Sick of reading that on your ads? Let us handle all of those tire kickers, and accidental kickers so you don't have to!

"I'll trade you my Civic and my Minivan for your Exotic Car"

You don't want those, but we have a network of dealerships we work with that will. Let us handle the trade ins and get your deal across the finish line.

"I'll give you $100,000 cash today!" on a $150,000 car...

Low-ballers can be the worst! But we have turned many initial low-ballers into well paying clients just by treating all prospects with respect and explaining the value they are getting.

We accept all trade ins, or have dealer partners who will.

This makes the process so much easier for a potential buyer to make a deal. They don't have to sell their vehicle before buying yours and it's all handled on one set of paperwork. Easy and smooth.

If you decide later that you don't want to wait for a retail client, we can wholesale your vehicle off then and put cash in pocket within a business day or two.

We work with many lenders who offer financing, close-ended leasing, and open-ended leasing.

Instead of requiring a buyer to pre-arrange their own financing, this process makes it much easier for a buyer to get approved for a vehicle, and a lot sooner. So you're not stuck waiting for your money!

There are numerous scams when it comes to selling your car that you could fall victim to.

A potential buyer could fake a bank draft.

Another dealer could be doing deals without paying you out in full.

We have seen enough of these scams to spot them early and avoid them. And if we get scammed, it doesn't affect your financial situation, just ours.

By consigning with us, we can hold your vehicle sale value as a trade in credit against a future purchase, saving you the GST on that amount.

So for example, if your car is sold for $80,000, we hold a $4,000 GST credit against your next vehicle. If your next car is $100,000, you only pay the GST on the $20,000 difference, not the full $100,000.

You don't even need to buy your next vehicle from us directly. We would simply broker that with the dealer you are buying it from for an $800 broker fee.

We only require a small $295 +GST investment to get started.

This partially covers the detailing and professional photos required to show your car at it's best. We cover the rest.

Then your only other investment is a "Success Fee" that only gets paid after we sell your car and collect the funds.

Our Success Fee is only 6% of the vehicle value, but our goal is to ensure you still net MORE than what you would have selling privately. Often times we are able to get clients 10%+ more than what they could get selling privately. And all without the hassles of private listings and showings.

We can offer extended warranty options on older vehicles to give buyers peace of mind.