We are all familiar with the online auction website eBay.com. This popular online marketplace is well-known for its wide range of products and prices. You may have made a purchase from eBay before, but that purchase was likely a small purchase. Did you also know that eBay is home to a Motors section where you can find cars, boats, and auto parts for sale? This is nice to know, but should you buy cars from this popular website?
Lots of Cars: It is no secret that eBay is the most popular online auction website out there. Buyers flock to the website to score a good deal. Sellers flock to the website to make money. Many car sellers use this website because they know their vehicles will get seen and this is good for you as an interested buyer. Why? It typically means more cars to choose from.
Choices: For the most part, you will typically find that most car sellers on eBay use a BIN price (buy it now). This means they set the price outright, for example $12,000. However, some sellers use an auction style format. With this, they set a minimum price. This minimum price is typically the lowest they are willing to accept for the car. Then, interested buyers can bid. The price rises with more interested buyers. However, you might get lucky and score a great deal.
Location: For the most part, eBay.com is a national site. Do a standard car search on the website and you will get cars from all across the country. Unless you want to go Autoankauf through the hassle of having a car shipped to you, you probably want to stay with a local buyer. The good news is that eBay has a number of tools to make it easy for you to find even local cars for sale. For example, you can sort your results based on the closest to your zip code, meaning all nearby vehicles will be shown first.
Account: To bid or buy items on eBay.com, you need an account. As a buyer, this is a free account. It will take just a couple of minutes to setup. However, it is also well-known that a lot of scam emails surround this website. Scammers send you and email claiming something is wrong with your account. You must “log-in” to fix it, but it is really a fake login and your eBay.com account information gets stolen. This isn’t an issue if you are careful. However, buying a car from a seller on Craigslist and other classified websites requires no account, even a free one.
As you can see, buying eBay cars does have its pros and cons. You have nothing to lose by checking out this popular online auction website though.