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Dealer Buyouts

At BidGoDrive, we understand the importance of providing top-quality services at competitive prices. That's why we've brought together a team of experts with years of experience in the industry. This allows us to offer the most aggressive bids in the market and tackle any challenge that comes our way.

When a loss event occurs, our team is ready to spring into action and devise solutions that will minimize the impact on your bottom line. We take great pride in our ability to match returns from salvage auctions, all while keeping your costs at a minimal. Our goal is to ensure that you come out of a difficult situation in the best possible position.

If you're interested in learning more about our loss buyout services, please don't hesitate to contact us at

Please Fill Out This Form to Apply
Flooded Car Dealership due to Natural Disaster - BidGoDrive Dealer Buyouts

BidGoDrive provides insurers and insurance companies the highest returns on your damaged inventories. We will bid on and purchase entire lots that sustained damages resulting from natural disasters and other catastrophic loss.We have managed catastrophic events of every nature, including: hail, hurricanes, tornados, firestorms, and earthquakes. Our company will provide you and your customers with exceptional customer service while insuring you get the highest return on your salvage and damaged vehicles. We provide complete transparency on the location of units and status of title processing.

  • We will quickly remove all damaged units off the lot and get your clients ready for new inventory.
  • We also provide buyouts for lots which do not meet the total loss threshold.
  • $45 million paid out and 11,000+ units purchased since 2015
  • Over 13000+ units purchased and sold as a result of Super Storm Sandy 2012
  • Over 18000+ Units purchased and sold as a result of Hurricane Katrina 2004
  • 40 Years of combined experience with in the Auto Salvage Industry
  • 15 Years of experience in the Automotive Vehicle Re-marketing Industry

How It Works?

Step 1 - Provide Info - Hand with Information Icon - BidGoDrive Dealer Buyouts Process

1. Provide Info

Provide us with your contact information and what you have to sell. We will review your request and contact you to gather more information and discuss the terms of sale.

Step 2 - Get Letter of Intent - Filled-out Letter and Envelope Icons - BidGoDrive Dealer Buyouts Process

2. Get Letter of Intent

We provide you a non-binding Letter of Intent. Included in the LOI are the offer price and the negotiated terms of sale.

Step 3 - Get Official Offer - Hand with Money Icon in Starburst - BidGoDrive Dealer Buyouts Process

3. Get Official Offer

An official offer is made once the LOI is accepted and a fund transfer is made in exchange for your units.

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