Example 1
Sell us your car and the bid is $25,000, but your payoff is $5,000. We would cut you a check for
$20,000, and you would sign a Bill of Sale and a Power of Attorney for us to pay off the title with
your bank.
Example 2
Sell us your car and the bid is $25,000, but your payoff is $30,000. You would sign a Bill of Sale
and
a Power of Attorney selling us your car. In addition, you would need to include a $5,000 check to
cover
your negative equity.
Example 3
Sell us your car and the bid is $25,000, and you own your car free and clear. You would sign Bill of
Sale and Power of Attorney and receive a check for $25,000.
