Making a deposit or a down payment is a normal part of purchasing a vehicle,
motorcycle, or even a boat. eBay Motors enables sellers to offer deposits and
buyers to make a deposit during an online transaction. A deposit solidifies the
commitment between buyers and sellers by serving two purposes:
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The seller is assured that the buyer is committed to completing the purchase.
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The buyer can feel confident that the vehicle will not be sold to another
individual.
Why use PayPal for Deposits?
eBay Motors encourages buyers and sellers to use PayPal for deposits because it's fast and secure. Whether you choose to fund your PayPal payment with a credit card or bank account, your financial information is never shared with the seller. Also, PayPal payments are traceable and you can track the status of your payment through My eBay or your PayPal account.
How Does it Work?
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Sellers specify a deposit amount and PayPal as a payment method during the
listing process. Sellers can require an immediate deposit of up to $2,000 from
the winning bidder at checkout.
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As with any terms of sale, the seller's deposit requirements will appear in the
listing, so a buyer will know ahead of time whether the seller accepts PayPal.
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The winning buyer follows simple, step-by-step instructions to pay the deposit
through PayPal. Buyers can choose any payment methods supported by PayPal, such
as credit or debit card.
Marketplace Safety Tip
eBay does not recommend the use of instant cash wire transfer services, such as
Western Union, for payments. While sellers may offer this option, they cannot
require you to pay this way. If you suspect a seller is trying to commit fraud
by insisting on payment through an instant cash wire transfer, please decline
to use it and
report the seller to eBay.
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