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Your listing will be your primary means of communication with potential buyers.
Therefore, it is important for the buyer and the seller to understand and agree
to the terms of sale.
As you create your listing, you should specify the following information:
Payment Terms
Describe your requirements for payment in detail. Let the buyer know if you
require a deposit, what payment methods you accept, and when the balance payoff
(or full amount if you do not require a deposit) is due.
Deposit
It is a common practice for eBay Motors sellers to require a deposit within 72
hours after the end of a successful listing. Specify the amount of the deposit
and a reasonable period of time in which you expect to receive it. Consider
using PayPal to accept deposits via credit
card and bank account deposits online, because this is a standard form of
payment used by eBay buyers.
Balance Payoff Amount
Specify how and when you'd like the balance to be paid. Most sellers require a
certified check, money order, or some type of financing.
Financing Through eBay
Let buyers know that they can apply for financing at the eBay Motors Financing
Center or on the Financing tab before they place a bid or offer to buy your
vehicle. Deals may close faster with loans arranged through the Financing
Center. Consider providing a link to the Financing Center in your listing.
Shipping or Pickup
It is standard practice on eBay Motors for the buyer to make the arrangements
and pay the costs associated with picking up or shipping the vehicle. Specify
who will pay for the shipping and whether you will be willing to deliver the
vehicle within a specific driving distance. Many eBay Motors buyers will drive
or fly to the seller's location to pick up the vehicle. As a seller, you can
facilitate the fulfillment of the sale by making it easy for buyers to
understand their options.
Sellers will often provide estimates of shipping costs to various locations
around the U.S. eBay Motors also provides buyers with an option to arrange
shipping in the Shipping Center and on the Shipping tab associated with any
vehicle. Always include your city and ZIP code in your listing. Buyers can use
this information to get a free online quote for vehicle shipping.
Vehicle Inspection
Specify whether you have already performed an inspection or you would allow
your buyers to have the vehicle inspected at their own time and expense prior
to the close of sale.
eBay Motors recommends arranging inspections through SGS Automotive. With their
150-point vehicle inspection, SGS Automotive helps you build the confidence
that is crucial to any vehicle or motorcycle sale. Learn more about
SGS Vehicle Inspections.
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