How a buyout works — six steps from preliminary price to keys in hand
Six steps. The same procedure every time. You start with a preliminary price and end as the owner of the car you've driven.
Step 1 — Preliminary price
You enter the registration number and mileage. Within 30 seconds you see what the car can be bought for. If the figure looks right, you continue to the next step.
Step 2 — Confirmed price
We collect a few more details about the car, the company that owns it and you. We compare with the current market and confirm the price. You usually have the answer within 24 hours, with a written breakdown of how it was calculated.
Step 3 — Fixed offer
You receive a fixed price with no hidden fees. AutoConcept XtraGaranti Gold is included for at least one year — full EU/EEA coverage, no deductible, no mileage cap. If you want to finance the purchase you can apply via enklare.se, which compares around 40 banks. The offer is binding for seven days.
Step 4 — Agreement
You sign the purchase agreement digitally. It takes a few minutes, follows Swedish consumer law and gives both sides the same protection.
Step 5 — Payment and ownership transfer
Xcocar buys the car from your employer or the leasing company. Once the ownership transfer is registered you pay Xcocar — a normal consumer purchase. The whole process takes one to three days. You keep driving the car during this time, covered by our insurance.
Step 6 — The car is yours
Everything administrative is finished. Remember to take out your own insurance once the ownership transfer goes through — the previous policy ends the same day.
What we need from you
A short list, nothing more.
Basic information
You need to fill in documentation about the car in our customer portal. We need information about the company that owns the leasing agreement or the car. We also need information about the leasing agreement and leasing company.
Please note
Since we buy the car from the company that owns the car, or that owns the leasing agreement, it is necessary that the person who has the right to represent the company is informed about your intention to buy out the car with Xcocar.