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Buying and Selling Vehicles Online (eBay, etc.)

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Comments

  • euphoniumeuphonium Great Northwest, West of the Cascades.Posts: 3,425
    Your post begs the question........ Did he find you online? ;)
  • emjay1emjay1 Posts: 22
    HA - good one, Euphonium! Mail Order Bride I was NOT. Probably why we're still together after more than 30 years! Wish my cars lasted that long...
  • volvomaxvolvomax Posts: 5,274
    Kind of a blanket statement, esp since most people get screwed locally anyway.
    If you are buying a car from a reputable dealer out of state you should be fine.
  • jayriderjayrider Posts: 3,602
    If I put a car up for sale on ebay -- it sells-- I get the paypal deposit - then what is the best way to get the rest of the money? Has anyone sold a car that way? -- dealers or fsbo's please comment.
  • mako1amako1a VirginiaPosts: 1,855
    When I sold my Corvette cash was not an option. I parked the car in the buyers driveway with his cash deposit in my pocket and off we went to his bank since he was financing. They we're very good about putting a lien on the title and handling all paperwork plus giving me a cashiers check. Afterward we went back to his place and removed my plates. He completed the transfer at DMV with bank papers in hand.

    2013 Mustang GT, 2001 GMC Yukon Denali

  • qbrozenqbrozen Posts: 19,622
    Well, the BEST way is cash. Other ways would be personal check or cashier's check. In either of those cases, however, I would not sign anything over until it cleared.

    I've sold 3 vehicles through Ebay. All were cash deals. In 1 instance, buyer brought cash to my house and took vehicle away on trailer. Another time, I followed buyer to the bank and he withdrew cash and handed over. And in the other instance, I met the buyer at the train station with the car because he came from out of state. He brought cash, we did the deal in the parking lot, and he drove home from there.

    '14 Jetta TDI wagon; '98 Volvo S70 base; '14 Town&Country Limited; '09 LR2 HSE. 41-car history and counting!

  • volvomaxvolvomax Posts: 5,274
    Well, you get the rest of the money thru Paypal.
    Otherwise a cashiers check is fine.
  • delthekingdeltheking Posts: 1,152
    You register today and post this spammy stuff. You also posted in the buying tips thread. Do not promote your company. Edmunds has a no solicitation policy. :shades:

    I guess the mods have some cleaning to do !! ;) And dude, rest assured everyone is going to run away from AiM mobile inspections.
  • bolivarbolivar Posts: 2,316
    I just replied to this guy over in Lemon Law section.

    He posted a reply naming this company over there. I thought he was a happy car buyer.

    But now I see, with these multi posts, he's just selling something.
  • In SA I used a site to buy a new car for my cousin. When I bought my second hand car I had a really laborious experience. So my decision to go online was to save time, although I do enjoy the trips to dealers and following up a good lead/referral but not this time. Anyway in 3 hours we did manage to rack up a good list. Primary reason was that I could search specifically by typing stuff like .
    A long story short, it was easier. The only bad thing is sifting through dealer listings so that you can find actual independent sellers, but once you do, you can do some serious negotiating with the independents as they are pretty eager to sell.
  • I know there have been other notable stories (notably a Nissan GTR) about this but not like this one!

    On October 25, 2011 I was perusing Ebay auctions and ran across an auction for a used 2008 Bentley convertible from Bentley of Scottsdale, AZ (Bentley of Scottsdale is owned by Penske Automotive Group: PAG: 2010 sales of $10 Billion USD). The auction had no reserve and a bid price of just under $14,000. After reading the auction several times I successfully bought the car. Or I thought I did. Over the next 24 hours it became increasing clear to me that the dealership had no intention of honoring the auction and in fact told Me that I was no longer authorized to call them?! The Bentley salesperson listed on the auction (Anthony J Petruso) said the auction was a mistake and they would not deal with me at all - let alone regarding the vehicle. I suggested that if it was indeed a mistake the dealership should offer a good faith gesture of some kind but was flatly refused by the same manager despite his initial promise to ‘find a solution’.

    What happened next was even stranger. The dealership got Ebay to completely remove the auction like it had never happened (Ebay auction #120794986412). All evidence of the auction including the auction history from my own personal account was deleted without a trace. When I spoke to Ebay about this they acknowledge that the listing was deleted but would not reveal why. (but I have a copy of the auction saved)

    Ironically Penske’s published Code of Ethics states that “The Company is committed to dealing fairly and honestly with its customers, manufacturers, suppliers, competitors, lenders and employees. Our goal is to satisfy our customers' expectations 100% of the time.” That doesn’t seem to be the case here.

    There have been at least 4 other highly visible cases involving dealerships not abiding by an Ebay sale including several high end cars. In all these prior cases the dealerships lived up to the auction. One has to wonder how this one is going to end.

    Any comments or suggestions would be greatly appreciated!
  • kyfdxkyfdx Posts: 47,976
    That's pretty typical of a dealer auction on eBay..

    They aren't really on there to "sell" the car on eBay (unless of course, you are offering full asking price or more). They are just using it for advertising and to generate interest.

    So... any time they make a mistake, or fail to enter a reserve, or any other issue.... they'll just say they've sold it elsewhere.... or, have eBay take down the auction, etc....

    Did you really think they'd go through with a deal, selling a $40k car for $14K? (or, whatever it's really worth).

    The upshot: Someone forgot to enter a reserve amount when setting up the auction, and they aren't willing to take a 5-figure loss on the car to "do the right thing".

    In my personal opinion, auto auctions by dealers on eBay are a joke..

    regards,
    kyfdx
    visiting host

    MODERATOR

    Prices Paid, Lease Questions, SUVs

  • qbrozenqbrozen Posts: 19,622
    One has to wonder how this one is going to end.

    There is nothing to wonder about. It did end. They are following through with the deal. There is really nothing to be done about it. Nobody can force them to honor the auction.

    The only thing I find troubling is Ebay's stance on it. There should be NO reason why you can't at least leave negative feedback for that auction. I would probably push on that matter personally.

    '14 Jetta TDI wagon; '98 Volvo S70 base; '14 Town&Country Limited; '09 LR2 HSE. 41-car history and counting!

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Buying and Selling Vehicles Online (eBay, etc.) - Page 8 — Car Forums at Edmunds.com