“How to get the great deals without worrying about being scammed?” I noticed this specific safety concern generated by my last post (Bottom price used cars by owner). So I’d like to make a response and share some helpful tips today.
So far, personally I have done several used cars by owner transactions on ebay during the past 5 years. Two for my self, four with my friends. And all of them turned out to be great deals and happy experiences.
Actually I found its not that hard to protect yourself online… as long as you stay close to a few simple rules:
Pick A Trustworthy Site
People would definitely go to a Sotheby auction for Vincent Van Gogh’s portrait, the same thing here: make sure to do your used cars by owner shopping on a reputable site.
Good sites gained reputations throughout the years. What they’ve been doing is keeping their long term business in mind and putting customers benefit on top. They would provide a strictly-controlled transaction process that makes you fully focus on your game without worrying about the others.
Actually I found there are more choices if you’re buying a new car, but when it comes to used cars by owner auctions, I’ll straightly suggest ebay motors. Simply because ebay provides the biggest virtual auction platform we can find today and it has been proven by billions of people. And ebay motors is one of ebay’s sections that was build especially for online car auctions. Personally I’ve all of my online car deals done there without a kink.
Get the history report
This is not a free service if you shooting for the used cars by owner from online auctions. But as crucial as it be, a small money can make you avoid thousands in losses.
The only authentic site is autocheck. Ebay has it as a default accompany under the history report tab. A report summery is fee but to get the full report you need to pay &7.99 for a single report or $14.99 for 10 reports.
In my opinion, 10 reports are just way too short for people to shift from such a huge list in the market. I tend to have dozens of candidates under my belt before starting making a bid. So what I did every time is Grab the Vehicle Identification Number(VIN), jump over ebay heading to their website www.autocheck.com directly and get a 60-day unlimited reports bundle for $24.99 (It worked perfect for me as non of my bids lasted over 2 months). Then I have access to the detailed report of any used car I’m interested in.
The point is to make sure the car has not been stolen, falsified VIN, flooded, totaled, accidents, lemon or recalled. Simplely, if any of these things evolves, go to the next candidate.
Contact The Owner Directly
If the site is trying to mask the seller’s information, then I’d propablly just leave. Because one of the important things for us to protect ourselves against a fake ad is to contact the private seller directly.
Ebay shows the basic contact information of the owner and I used to take advantage of this. I would shoot an email or dial the number asking questions regarding anything you would like to ask. My best judgment is honest seller responds quickly and is familiar with the car. If I sense anything shady then I’ll just dodge.
Another accessible reference is the seller’s reputation tracked by ebay. In the case of a private used car seller, positive feedback from other community members is counted as a vote.
Use A Third Party Payment Service
The way to protected your bank account information is to use a third party payment service like paypal. Its easy to set up an free account to ensure that the seller doesn’t have a chance to access your credit card account.
It’s not only applied to shoppers of used cars by owner, but as a common scene, never mail cash or checks to any address suggested buy the seller.
I never really came to this point, but just in case the seller doesn’t deliver his promise, you need to have a backup plan. On ebay it called Vehicle Purchase Protection, Which gives you a up to $50,000 coverage on any eligible listed cars. You can check the details about this service and what it offers here on ebay.
And you will get an added protection from ebay’s security and resolution center if your trade goes wrong. You can file a report or complaint with the prove and get Legal Department professionals help you recover the lost.
In my last post I showed you how to get the bottom price of any used cars by owner by trimming off the 20% extra costs of a dealership car. And I hope today’s post will help you get a clear vision during your trade and hold the steer wheel steady.