Sell your car once, or let it pay you every month

Most people only ever consider one option when a car stops being useful to them: sell it. You post it, field a dozen strange phone calls, haggle, and hand over the keys for one lump sum that is almost always less than you hoped.

There is a second option, and it is the reason a lot of retirees and part-year residents keep their car instead of dumping it: place it with us, and let it earn.

How the two compare

A private sale gets you one payment, today, minus whatever the buyer talked you down to. Placing the car turns that same vehicle into a monthly check for an agreed length of time, and in most cases the total comes out ahead of what a quick sale would have paid.

Who this tends to fit

Owners who have a second car sitting in the driveway. People who head south for part of the year and leave a car parked. Families who inherited a vehicle nobody drives. Anyone who would rather have steady income than one check.

What you are responsible for

Very little. Once the car is placed, the day-to-day of the vehicle is our problem, not yours. You keep a clear written agreement, you get a statement, and you get paid on schedule.

What to do next

Tell us about the car — year, make, model, mileage and condition. We will tell you honestly what it can earn and what a straight sale would likely bring, so you can compare the two side by side and pick whichever you like better.