Used frequently for European travel, programs like Peugeot Open Europe or Renault offer temporary leases that end with the manufacturer buying the car back from you. 5. Private "Junk" Car Buyers

This occurs when a manufacturer is forced to repurchase a car that has a persistent, documented defect that cannot be fixed.

Vehicles must usually be operational, registered in the specified district for several years, and pass an inspection. 2. Dealership "Vehicle Exchange" Programs

These vehicles are often termed "manufacturer buybacks" and may be resold, but they must be declared as such. 4. Specialized "Short-Term" Buybacks