Every 52 seconds a car is sold on eBay.
eBay auto auctions have literally exceeded all expectations and have become the number one selling auction. The auctions are not only a great way to purchase a vehicle, they are a great way to sell a vehicle… and, as any motorist knows, both sides of the fence here can be tedious.
For those looking to buy or sell a car on eBay there are a few things you should realize.
Buying Cars on eBay Motors:
If you a shopping for a particular make and model, do some research into the value of the vehicle. Compare the vehicle’s price once you have found it on the online auction to other sites such as Edmunds.com. This will ensure that you do not overbid on the vehicle you are looking to buy.
Do a little research on the seller. Check their background, read their feedback. Send messages and ask questions regarding the vehicle- does it have a warranty…can you provide a detailed description of the car and any existing or past damage, etc.
Record the auto’s vehicle identification number and visit AutoCheck.com and invest $19.99 to obtain the history report of the vehicle. This is a detailed report that will list any potential problems by providing the history of the car including salvage, repairs, accidents, flood damage, and the ownership history of the vehicle. You can also obtain the services of eBay Motors or inspect the car for $99.50.
If the car is being shipped, be sure to factor the cost of shipping by the auto carrier into your bottom line price.
Selling Cars on eBay Motors:
When selling a car on eBay it is important to have a clear description of the vehicle and excellent pictures of the vehicle. You will need the title or registration when creating your listing. If you are not the original owner, state so.
eBay structures their fee for selling by a flat fee for the listing and a fee if you receive a bid on the vehicle.
Always remember to be responsive to any questions from interested buyers you may receive and always give as much information as you can regarding the vehicle.
Have an experience with buying or selling a car on eBay? We’d love to hear it! Let us know in the comments below.