About Us

Cars Off Lease specializes in remarketing repossessed vehicles from banks, credit unions, financial institutions, and the government. With over 7 years of experience in the market, we are experts in this field. Our primary focus is to ensure the fair market value of each unit through honest evaluation.

Our online retail facility, off-leaseonly.com, operates 24/7 to provide the public with access to our inventory. All vehicles listed for sale on our website undergo a comprehensive 93-component inspection. We encourage buyers to compare similar vehicles to understand the outstanding value of our lot fully. Additionally, we offer a fast and secure payment system for added peace of mind.

Our knowledgeable staff is dedicated to assisting you in finding the right vehicle based on your preferences and budget.

What constitutes a repossessed vehicle?

  • A significant number of individuals and businesses have either faced vehicle repossession or voluntarily surrendered their vehicles to their lenders. Moreover, there are likely many more repossessions in the pipeline.
  • Contrary to common belief, repossessed cars auctioned off in repo car auctions are typically not damaged or old. The term “repossessed” in these auctions refers to vehicles taken over by either the government or financial institutions from individuals or companies experiencing financial difficulties. They are not sold simply because their owners have deemed them unfit for the road. Consequently, the high quality of repossessed cars is almost always guaranteed.
  • Financial institutions organize auctions to sell these vehicles, which are often sold in large lots. As a result, most winning bidders are dealerships, and many repossessed vehicles end up at these dealerships.
  • To sell these cars to the public, dealerships organize additional auctions, where they sell vehicles to private buyers, often at higher prices.

Our competitive advantage

  • When attending repo car auctions, understanding how they operate is crucial. In these auctions, the final selling price of your desired vehicle can be unpredictable, especially if another bidder with deeper pockets is vying for the same car.
  • At Cars Off Lease, we eliminate the need for you to navigate through auctions and risk being outbid. We procure cars in bulk and sell them directly to you, just like any traditional dealership. With us, you won’t have to worry about missing out on your dream car or paying exorbitant auction prices.
  • Unlike other companies that merely provide information about repo car auctions, we have the actual vehicles ready for sale. Say goodbye to the hassle, expensive fees, and uncertainty of auction outcomes. We handle everything for you.
  • We pride ourselves on offering transparent pricing with no hidden costs. What you see listed on our website is the final price, inclusive of all fees. Additionally, all our vehicles come with a clear HPI and thorough documentation completed by our team to ensure accuracy.
  • Our business model focuses on selling a high volume of cars at competitive prices, rather than maximizing profit margins on individual sales. This approach allows us to keep prices low without compromising quality, ensuring customer satisfaction while still achieving profitability.
  • Cars Off Lease is committed to providing a seamless car buying experience for our customers. Our certified mechanics meticulously inspect each vehicle to guarantee its quality and performance. Plus, with no sales tax on repossessions, you can save even more on your purchase.
  • We work tirelessly to ensure your car buying journey is smooth and hassle-free. With our dedicated service, you can trust that you’ll get the vehicle you want at a price that exceeds your expectations. Don’t hesitate—our inventory moves quickly, so act fast to secure your ideal car today.

Contact Us

Address

541 Hempstead Turnpike,
Elmont, NY
11003

Sales: (516) 800-7978

Hours of Operation

Monday 9:00 AM to 9:00 PM
Tuesday 9:00 AM to 9:00 PM
Wednesday 9:00 AM to 9:00 PM
Thursday 9:00 AM to 9:00 PM
Friday 9:00 AM to 9:00 PM
Saturday 9:00 AM to 9:00 PM
Sunday 9:00 AM to 9:00 PM