Used Cars For Sale On eBay
There are thousands of used cars for sale on eBay every single day.
In fact, eBay Motors is the most profitable sales division on eBay and naturally there are many entrepreneurs who are interested in jumping into this market. For instance, eBay claims it sells an SUV every nine seconds and is the biggest online car dealer in America, exceeding the traditional car companies. In fact, there are 15 million cars sold over the Internet each year - and growing. The recent rapid growth of the consignment business model has made the used car market even more enticing.
Many sellers are able to sell cars they have never even seen and with no more risk than the cost of the auction listing. Some negotiators even persuade the car owner to pay for the ad, thereby risking no more than their time. The biggest single issue for this business model is the trust of prospective buyers. After all, paying thousands or tens of thousands of dollars for a car sight unseen is an awesome leap of faith. Even buying for a plane ticket to go see a car before paying causes buyers to be uncomfortable.
The best way sellers can overcome this fear is to use an escrow service. The one chosen by eBay is Escrow.com, which handles eBay auctions in the US and Canada. An escrow service acts as a neutral third party. In an exchange of merchandise, the buyer sends his money to Escrow.com and the seller ships the product to the buyer. The buyer usually has two days to inspect his purchase, and if he is happy, he notifies the excrow company who releases the money to the seller, minus its fee.
If the buyer is dissatisfied, he returns the undamaged merchandise to the seller, and after the seller receives his merchandise back (in satisfactory condition), the escrow company returns the buyer's money. Thus both sides in the transaction are protected.
The buyer almost always pays the fees for this, although sometimes buyer and seller split the cost. Escrow.com has created its "Vehicle Services Division" specifically for dealing with the used cars, trucks, SUVs and almost anything else with wheels and a motor. The buyer can have a 160 point inspection performed before agreeing to the purchase.
This is an inexpensive service and certainly will save the buyer any headaches.
- The buyer pays a $125 fee that is non-refundable
- The seller is contacted and the inspection is carried out
- The buyer receives a report
- The buyer chooses to go ahead with the purchase - or not
The seller ships the car after he knows the money is secure with the escrow company. The seller must provide tracking information, which is verified by Escrow.com. The buyer has between one and 30 days to thoroughly inspect his new purchase (the period is negotiated between the two parties ahead of time).
If this time expires and the escrow company has not heard from the buyer, it assumes he is happy and gives the purchase price to the seller.
The buyer may return his vehicle if he isn't happy and sometimes buyers and sellers work out partial payment agreements, the buyer being satisfied with some parts of the transaction, but not with others. If a dispute arises, it is settled by the American Arbitration Association. The fee for this service is:
- $0 - $7,500 = value of vehicle: $125
- $7,500.01 to $15,000: $170
- $15,000.01 to $30,000: $200
- $30,000.01 to $50,000: $275
- $50,000+ = 6% of the value
Escrow.com also offers a service that will ship cars almost anywhere in the world and will gather an auto history report to inform sellers if their new chariot has been salvaged or stolen, suffered flood or hail damage, been in a fire or accident, has had an odometer rollback or has been used as a police car, a rental or a taxi. Anyone considering offering used cars for sale on eBay would be well advised to thoroughly learn the services available through Escrow
Maui Vacation Rental Cars
If you would like to explore the island of Maui on your own time, the best way to get around is to rent a car. Car rentals in Maui are available to anyone over 21 years of age with a valid international driving license. If you don't want to be bothered with the driving, you can ask for a driver at an additional expense. There are many rental companies and all of them offer a 24 hours, 7 days a week, pick up and drop off service at some previously appointed locations.
You can choose from a wide range of models and manufacturers. The charges for hiring the car per day depends on the car you choose.
The rent for the car drops if you hire them for a week or more. As of November 2005, all BMW sedans cost $49 a day and $39 a day, if you hire them for a week or more. Mustang convertibles cost $45 a day and $35 a day if you hire them for a week or more. Chevy Tahoes come at $79 a day or $499 a week. Jeep Wrangler's cost $59 a day or $47 a day if you hire them for more than...
Maui Vacation Rental Cars
Cars > Maui Vacation Rental Cars
Classic Cars Show Down
In the auto world, one of the most sought after events are classic car shows. This is usually one of those events where you can find lots of car lovers, aficionados, followers, and simple car enthusiasts. And because classic car shows are events where various kinds of people can simply stare, gawk, or even appreciate at all the unusual and really classic autos and vehicles, it would not be very surprising to see throngs and throngs of people during such events.
Just recently, another car show was successfully conducted. In Los Angeles' Sylvan Park, hundreds of car enthusiasts flocked to attend the Optimist Car Show and Chili Cook-off.
This car show actually is done every year and the year 2006 marks as the 15th time that such an event was held.
Such an event features classic cars. However, there are other main attractions that attendees could find interesting. While going through the area, one can find live music from a couple of bands....
Cars > Classic Cars Show Down
Auto-Dispatch, Post Your Cars For Faster Service And Lower Prices
CalCruising Online Car Auctions announces the opening of "Auto-Dispatch" www.auto-dispatch.com. This new site addition is for consumers, dealers, collector and wholesalers who need to ship their cars within the United States and Canada. This new transport bulletin board will help people save money and get much faster service. And best of all membership is free. Here's how it works.
CalCruising has pre-registered close to 100 Auto Transporters who will compete for your business. Members can post their transports needs for free on the Auto-Dispatch bulletin board. Once a transport is posted registered truckers will bid on your car. Members will be notified by email of quotes as they are posted on the board. In many cases they will save hundreds of dollars and get their cars moved sooner than other online alternatives.
All Transporters who participate in Auto-Dispatch have been pre-approved and provided insurance and...
Auto-Dispatch, Post Your Cars For Faster Service And Lower Prices
Cars > Auto-Dispatch, Post Your Cars For Faster Service And Lower Prices