A simple 6-step process to safely buy out your company car
Our process is designed to make it easy, secure and legally correct to buy out your company car.
What happens: You fill in our simple form with information about your car - registration number and mileage. You receive a price quote and then the opportunity to choose to go to step 2, below.
Time: 30 seconds
What's needed: The car's registration number and number of miles driven.
What happens: We ask you to fill in more details about your car, the company or leasing company that owns the car and about you. Our AI technology then analyzes the market value based on current prices, the car's condition and demand.
Time: Within 24 hours, after you submit the information we need.
Transparency: You receive a detailed explanation of how the valuation was made
What happens: We present a transparent, fixed price without hidden costs or fees. The price includes 3 years warranty.
The price is binding for 7 days
What happens: You sign the purchase agreement digitally with BankID. The agreement contains all details about the purchase, including price, delivery date and our guarantees. Everything is done securely and legally correctly.
Time: 5-10 minutes for digital signing with BankID
Result: Legally binding purchase agreement that protects both you and us. You receive immediate confirmation that the car is reserved for you.
Security: BankID signing guarantees the highest security. The agreement follows Swedish laws and gives you complete consumer protection.
What happens: You pay the agreed amount via bank transfer or account transfer. We then pay the company, or the leasing company to redeem the car.
Time: 1-3 days for the ownership process to be completed. You drive the car during this time, with our insurance.
Result: All financial transactions are completed.
Security: We handle all administration around the car, so you avoid the risk of mistakes or legal problems.
What happens: When everything is ready, the car is yours - completely without hassle with legal processes or tax issues for you or your employer.
Result: You now own the car completely with three years warranty - NOTE! Don't forget to insure the car. When the ownership transfer has gone through, the car is no longer insured.
Security: Everything administrative and legal is handled by us, so you can enjoy your new family car without having to leave the car anywhere.
To give you an accurate quote, we need the following information from you:
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.
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.
Let our AI technology and market expertise help you maximize your car deal
