Autorola Online Auction - Smartleasing Disposal Service
Opting in
Opting in to the Smartleasing Disposal Service can be done via Smartleasing who will contact Autorola directly. Eligibility of a lessee to opt in is at the discretion of Smartleasing.
Auction Estimate
An auction estimate can be provided by Autorola to help you decide whether selling is currently an option for you. Auction estimates can be affected by variables such depreciation, kms, condition and location. Auction estimates are not guaranteed in any way.
Inspection
An inspector in your area will arrange a time and place that suits you to photograph and inspect the vehicle.
It is recommended to have all keys, books, tyres and tools with the vehicle for inspection.
If any items are to be removed from the vehicle before sale this should be communicated in writing to smartleasing@autorola.com.au
Autorola will email you a free PDF version of the inspection report
The online auction
You decide on the timing of the sale. Once a vehicle is inspected it can be placed in sale and sold within 3-5 working days.
Time the vehicle sale to coincide with your new vehicle delivery - for example, if you receive your new vehicle in two weeks time, we can offer your current vehicle in two weeks time. The vehicle will be offered in online auction to a national network of motor traders.
The auction offer
The net auction offer will be referred back to you including the payment scenario to the financier and to yourself. You control whether the vehicle sells or not. The offer will stand for 48 hours from being communicated. The auction offer is net of a $300incGST selling fee
Finance Payout
A finance payout letter will be provided to Autorola by Smartleasing. This letter provides the important financial information of what amount is owing on the vehicle and when it needs to be paid by.
Autorola will pay direct to your financier an amount up to the auction offer upon your agreement to sell.
Where there are extra funds in the auction offer over the finance payout amount, Autorola will remit the extra funds to you upon confirmation of vehicle pickup.
Where an auction offer is lower than the finance payout amount, the gap between the auction offer and the finance payout amount must be remitted to Autorola directly. After landed funds are received Autorola will then pay the full finance amount to the financier.
Autorola are not responsible for any monthly payment obligations that are incurred on the finance contract.
Vehicle Pickup
The finance title must be clear for the buyer to be able to pay and pickup the vehicle. The finance title represents your financial obligation on the vehicle and should be clear before you surrender the vehicle.
Removal of the finance title from your name can take several days and is the responsibility of the financier.
The buyer or their transport agent will contact you directly to pick up the vehicle.
All vehicle items including keys, books, spare tyre and tools should be with the vehicle upon pickup.
An example auction listing can be seen by clicking on 'Example Auction Listing' at the top of this page
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Do you need help?
Telephone support weekdays 8am - 5pm AEST
Phone: + 61 3 9020 0820
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