Toronto-Based Buy Back Brokers Launches, Helping Customers Receive Best Repurchase Price on Car Leases

Ted Szilagy, President and Founder of Buy Back Brokers

Bellingham, WA (PRWEB) July 28, 2009

Buy Back Brokers, a Toronto and GTA-based business designed to help frustrated car owners buy out their automobile leases for less money than anticipated, announces its recent launch. BuyBackBrokers.com is the first company in Canada to offer this service.

With the recent economic downturn in the marketplace, especially in the auto industry, automobile manufacturers cannot sub-vent their new car programs like they used to. The low monthly lease/finance programs don’t exist or are less competitive, leaving clients confused and with more questions than answers. Buy Back Brokers negotiates three competitive new car quotes using full disclosure, assuring clients experience a “no hassle” purchase experience at the lowest possible price

“If you thought there were no options when it came to the end-of-lease date on your car, think again,” says Ted Szilagy, President of Buy Back Brokers. “Buy Back Brokers makes it easier for clients to make educated choices during the buying process. Buy Back Brokers will educate consumers on today’s market averages for any given vehicle and will buy the car back for the consumer, saving thousands of dollars in the process.”

Ted, who started as a car jockey before becoming one of the top salesmen in Ontario, founded Buy Back Brokers upon realizing customers didn’t have any options or room for negotiations when dealing with manufacturers on their end-of-lease vehicle buyouts. The company’s methods and three-step process are simple, making it easy to understand a maturing car lease’s real available options.

The first step in Buy Back Brokers’ three-step process is that experienced staff will try to negotiate with the remarketing department of the new car dealership. Buy Back Brokers has the upper edge with this process, as most new car dealerships cannot negotiate on an off- lease residual with the manufacturer, giving car owners a 15-30 percent savings on a used car buy out.

The second step is Buy Back Brokers can also follow a used car to a private dealer-only auction sale. The company can ensure that a car owner saves up to 50 percent of a residual option and can close the deal in approximately 10 days.

The third step, if the first two steps are unsuccessful, Buy Back Brokers can follow a used car to every major auction in Canada, bid online to repurchase the used car and use black book residual values to repurchase the consumer’s end of lease vehicle wisely. This cost-effective process can result in up to 60 percent off on a residual option.

For more information about Buy Back Brokers, visit http://www.buybackbrokers.com.

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