FAQ: Buying A Vehicle

Buying A Vehicle

Once you’ve found a vehicle you’re interested in, here are the steps you should take to own a great Adventure-Ready Vehicle..

 

Understanding Your Vehicle:

  1. Questions & Answers: Ask the sellers any questions that you have on the vehicle. We want you to fully understand the vehicle that you are interested in.
  2. Dive Deep On Vehicle Condition: Review the listing thoroughly, including modifications, known flaws, recent maintenance, photos, videos, etc.
  3. Pre-Purchase Inspection: Are you ready to make an offer on a vehicle, but want a pre-purchase inspection done to ensure that it meets your standards? You can make an offer with a pre-purchase inspection contingency. With your offer accepted (with the PPI contingency), you can arrange the PPI with the seller directly at a reputable shop in their area, or via Lemon Squad (see our blog post on inspections with Lemon Squad). Note that pre-purchase inspections are most typically paid by the buyer.

Make An Offer Format

Go Ahead, Make An Offer: When you want to buy the vehicle, go ahead and make an offer. We will communicate your offer with the seller directly. Our one ask, be serious. Don’t make offers that you don’t intend on following up on.

 

  1. Offer Contingencies: Want a pre-purchase inspection completed to ensure that there’s not any major issues with the vehicle? No problem, note those contingencies in your offer and we can communicate those to the seller.
  2. Does It Cost Anything To Make An Offer? It does not cost you anything to make an offer. When an offer is accepted and the purchase is completed, the buyer will pay the CURATED OVR LND premium equal to 5% of the purchase price (not to exceed $4500).
  3. Can I Cancel My Offer? Once you make an offer, we expect you to purchase the vehicle if the offer is accepted (with contingencies met, if any). If your contingencies are not met or if the vehicle ultimately doesn’t meet your expectations, you can cancel your offer.
  4. Can I Lowball? Yes, and no. Each seller has a price that they are willing sell something for. Sometimes it’s their list price, sometimes it’s something lower, and sometimes much lower. CURATED OVR LND doesn’t always know where these lines are, but we generally know that offering 50% of a seller’s price won’t go anywhere. Bottom line, go ahead and make an offer, but be respectful of the seller’s and our time.

Your Offer Is Accepted. Now What?

  1. Inform You: We will immediately let you know when the seller accepts your offer, and step-by-step instructions on what happens next, including introducing you to the seller.
  2. CURATED OVR LAND Premium: We will instruct you on how to pay for the CURATED OVR LND premium which is equal to 5% of the purchase price (not to exceed $4500). We will only charge your credit card when we learn from you and/or the seller either directly that the purchase has been completed.
    If you and the seller decide to not complete the purchase of the vehicle, you are NOT charged for anything.

Seller Transaction, Payment, Shipping

How do I pay the seller safely? We strongly recommend using KeySavvy’s platform to conduct a transaction. Their platform helps sellers and buyers finalize the transaction with secure payments, title checks, and more.

For buyers, you are guaranteed to receive a clear title free of any liens, provide identity protection to ensure that you are buying a vehicle from its true owner and avoid buying a stolen vehicle you cannot register, loan protection that helps you purchase the vehicle when their is a lien on it, and finally pay online securely without any trips to the bank. When your offer is accepted, we’ll communicate the benefits of using Key Savvy to both yourself and the seller to complete the transaction.

How do I pick up the vehicle? There are many options for how to collect your new vehicle, such as booking a one-way flight and driving home, or shipping it home. Check out our blog post on shipping your vehicle with RunBuggy.