Sale or Return (SOR) — Terms & Conditions

What is Sale or Return?

Our Sale or Return (SOR) service allows you to sell your vehicle through First Buy Motors, while still retaining ownership until the vehicle is sold. We handle the full process on your behalf — from marketing to final sale.

Your Responsibilities

By using our SOR service, you confirm that:

• You are the legal owner of the vehicle
• The vehicle is free from finance or outstanding liabilities
• All information provided (mileage, history, condition) is accurate
• Any faults or issues have been fully disclosed

Our Service

We will:

• Advertise your vehicle professionally across major platforms
• Handle all enquiries, viewings, and negotiations
• Manage the full sales process from start to finish
• Work to achieve the best possible market price

Agreed Price & Payment

• A guaranteed minimum payout price will be agreed with you
• Once sold, payment is made within 1–3 working days
• Any amount achieved above the agreed price is retained by the dealership

Vehicle Handling

• The vehicle may remain with you or be stored at our premises
• Mileage may increase slightly due to test drives or inspections

Vehicle Reservations

To maximise your chances of sale:

• Vehicles may be reserved for up to 14 days for committed buyers
• During this time, the vehicle is temporarily held

Please note: we are unable to release or withdraw a vehicle during an active reservation, as this forms part of an ongoing sales process.

Vehicle Recall

If you decide to withdraw your vehicle:

• We will always aim to assist as quickly as possible
• However, if the vehicle is reserved, under negotiation, or booked for viewings, we may require up to 30 additional days to complete ongoing sales activity before returning the vehicle

This ensures fairness to both buyers and the sales process.

Early Withdrawal

If a vehicle is withdrawn early:

• We reserve the right to recover any marketing or preparation costs
• Immediate collection may not always be possible if sales activity is ongoing

Final Notes

• We act as an agent on your behalf — ownership remains with you until sale
• Our goal is to achieve the best possible return for your vehicle through a structured and professional process