Yes. All vehicle finance packages can be paid out prior to the expiry date. In order to determine how much it would cost to buy-out an existing finance contract, simply call the Seller and request they call the finance company for a current payout. Upon receipt of the pay-out, you can start the negotiation process with the Seller. Here a couple of important notes to remember:

• Click here to read more about the Buying Process of an Outright Purchase
• You will be purchasing the vehicle directly (private purchase) from the Seller.
• The transaction will be subject to Private sales taxes based on the Ministry’s guidelines for your province. i.e Ontario charges 8% based on selling price of vehicle or wholesale value (whichever is higher)
• If the finance contract pay-out amount exceeds the negotiated selling price; the Seller must agree to subsidize the net difference between the two amounts. For example, if the finance contract payout is $30,000.00 and the agreed selling price of the vehicle is $27,500.00 – the Seller must supply a payout subsidy cheque for $2,500.00 plus applicable taxes in order for the transaction to close.

FinanceBusters has partnered with several new-car dealerships in an effort to enhance our business model. The listings that are being represented by a new car dealership are still "private" listings but they are being handled by the dealer (by request of the private seller)

The transfer fee varies from finance company to finance company. If you are looking to get-out-of your finance contract, simply call the finance company and ask the customer service department for the transfer fee amount.

If the finance company is a national company - (and all factory/manufacturer’s finance companies are all national companies) - then any and all cross-provincial Finance-Take-Over transactions are perfectly acceptable.

Leasebusters have had several inter-provincial lease transfers throughout the years; FinanceBusters should be no exception.

To assist you in your shipping needs Searail "The Careful Car Movers" are also partnered with FinanceBusters to bring an added dimension to the experience and product offering. Whether you are searching for a finance-take-over or trying to get-out-of your finance contract, you can now expand your market search to all of Canada.

Simply click on the No-Charge Evaluation of your finance contract link link on the home page and other pages throughout the website. Thoroughly complete the easy 1 page online document and press submit; the information will be sent directly (electronically) to one of our Finance Take Over Sales Analysts.

Your Analyst will completely evaluate and assess your finance package - providing both the market position and market value of the vehicle as well as historical data and the pros & cons attached to your complete deal. Your Sales Analyst will then call you (by telephone) to relay and convey their findings. After your discussion you will both mutually decide whether or not to retain FinanceBusters to get you out of your existing finance package.

Activate yourself on our proprietary Hot Buyers List. Allow our system to work for you in order to get to the "front-of-the-line" on vehicles that match your search requests. The Hot-Buyers benefits include:

• A Text Message alert when a new listing is posted (optional)
• Immediate and real time email alerts and notifications for all new listings
• Private Offers from our Sellers
• An inbox of all new listings that matches your search request
• Hands on assistance from the staff of LeaseBusters & FinanceBusters

Finance-Take-Over deals cannot be re-worked to accommodate a down payment or trade-in. If you have a trade-in you can wholesale the car or sell the vehicle privately. After successfully selling your trade you can apply the cash proceeds (resulting from the private sale of your personal vehicle OR your personal cash) and deposit it directly into your car payment bank account. Divide the proceeds by the months remaining in the finance contract and what you have done is effectively lowered the payment of the lease on your own.

For example: If you received $4,000.00 for the private sale of your car (OR you applied your own personal cash for that same amount) and the term remaining on the finance contract is 20 months. You divide 20 into the $4000.00 and come up with a monthly subsidization of $200.00. This way, if the monthly payment of the finance contract is is $585.00 per month, your effective payment becomes $585.00-$200.00 = $385.00 per month.

You will actually own the vehicle after you sign all the paperwork and take delivery of the finance-take-over vehicle. At the end of the term, the vehicle remains yours but it would be considered lien-free (in other words, the vehicle is yours and you don’t owe anymore money on the vehicle ).

Please refer directly the FinanceBusters.com webpage "The Buying Process"; click on the following link to go directly to that page: The Buying Process

All factory finance companies will remove your obligation from the original contract providing the credit approval and transfer documents have stated such. Please review the contracts and the credit approval criteria very carefully before executing the agreement.

A cash incentive is the amount of money that the person who wants to get out of their finance contract is willing to give to someone who will take over his/her finance contract. Often the cash incentive amount is discussed with the FinanceBusters sales analyst in order for the Seller to participate in this marketing decision. A cash incentive consists of monies paid upfront directly to the Buyer or possibly in the form of sales taxes due on behalf of the Buyer.

FinanceBusters only charges a listing fee after the no-charge evaluation has been performed and the vehicle and finance contract aspects have "passed" the market position evaluation. The listing fee is $295.00 plus GST. FinanceBusters offers multi vehicle discounts, loyalty discounts and finance company partnership discounts for eligible customers.