A rental car company fleet suffered damaged from a hail storm. The golf ball-sized hail caused severe dents to the body panels and broke glass. Per vehicle damage estimates ranged from $3,500 to $5,500. The rental agency stakeholders wanted to move forward with the repairs to the fleet.
CAS was notified of the loss and spoke directly with the fleet‘s team leader in time, before the units were repaired. CAS’ offer to purchase the entire fleet in as-is condition was a more economical solution than repair. The decision to sell the vehicles to CAS was made when the operator factored in cost of repair, loss of revenue and the future devaluation in the resale value of the vehicles.
An automaker wanted dispose of test vehicles, which were used by their engineers for quality control testing. The vehicles were several years old but in good condition. Additionally, they had several thousand miles on each. The automaker sought a partner to purchase these products and relocate them to other specific markets.
CAS made an offer to purchase the entire inventory and facilitated to the logistics to relocate them to markets in accordance with the terms of the sale.
In 2005, an automaker distributor's lot of several hundred SUVs suffered damage from a hail storm. The auto manufacturer’s options to repair the vehicles were limited as the hail caused severe damage to multiple body panels.
CAS was notified of the distributor's loss and made an offer to buy the entire lot at a competitive price. This was a win-win solution for the manufacturer, the distributor and CAS as the manufacturer was able to liquidate the vehicles without having to go through repairs that could have jeopardized their brand integrity.
During the global financial crisis of 2008, a large vehicle fleet owner was looking for an alternative solution to sell some of their product line to raise urgently needed cash.
CAS stepped in and provided the fleet owner with a competitive offer and terms of sale that had little-to-no impact on their official sales channels and their established distribution network.
In January 2010, CAS received a request to bid on an inventory of pickup trucks sitting idle in Dubai resulting of a sudden and severe down-turn in the construction industry.
CAS dispatched a team of buyers to Dubai. In only a few days, CAS negotiated the terms of sale with the seller in accordance with their agreement with the vehicle manufacture. We wired the funds to the seller and relocated the vehicles to their shipper in Jabal Ali.
A exotic car and luxury rental car agency had a vehicle aging out of their fleet with the wear and tear expected of a rental car.
CAS purchased the vehicle from the exotic rental car agency, giving them a quick and efficient alternative to liquidate their vehicle.
A person was involved in an accident. Their insurance wrote a check for repairs. The amount of the check was approximately 30 percent of the value of their late-model car. Due to the extent of the damage, the person was not sure whether or not repair was their best course of action.
CAS made an offer and purchased the car, as-is. The person was able to sell their collision-damaged car to CAS and while still keeping the check from their insurance.