Clear buyback terms provide a reliable exit path and can reduce uncertainty when timing a sale. Policies vary across dealers and refineries, affecting what you ultimately receive and how quickly you’re paid. Understanding these details beforehand helps you plan and avoid unexpected fees or delays.

Points to review:

• Pricing formula – Learn how premiums or discounts are calculated against spot.
• Eligibility rules – Some programs accept only specific brands or conditions.
• Payment timing – Confirm when funds are released after receipt and testing.
• Shipping and insurance – Know who covers transit risk and required procedures.
• Identification requirements – Prepare any documents needed to complete the sale.

Evaluating buyback options in advance can make future transactions faster, reduce friction, and support better net outcomes when you choose to liquidate.

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