EBay have thousands of used cars on sale every single day. These cars are listed by private owners which mean you will get to buy them straight from the owner without going through the normal process of purchasing from dealers that normally cost more. EBay Motors has become very popular and has been serving people as a marketplace where people come to sell their used or new cars. The internet car sales has hit 15 million cars annually and counting. In fact, eBay claims that it sells an SUV every nine seconds.
A lot of private car owners prefer selling their cars through this means because they can list their cars with just the cost of auction listing and no more. Well, the truth is that many people never believed in paying thousands of dollars for a car they have not seen. It takes a leap of faith but that is where eBay comes in. The integrity with which they deliver services will never allow fraudulent people the opportunity of perpetrating their acts through their site. When it comes to buying online, we all fear losing money. Personally, eBay has chosen Escrow.com to handle their eBay auctions in the US and Canada.
How does Escrow guarantee that you won’t lose your money? An Escrow service is a third party with no biased interest but to ensure that the business agreement between two parties is satisfied. In this merchandise, both the buyer and the seller updates the Escrow service on the agreement and the buyer sends his money to Escrow.com while the seller ships the car to the buyer. On a normal ground, the buyer has only two days to inspect the purchase and if satisfied, he notifies the Escrow companies who will in turn release the funds to the seller. To this end, buying cars from private owners will be a fun and satisfactory experience when you use the eBay auctions.