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Buying and Selling Vehicles Online (eBay, etc.)

225 messages,  Last post on Sep 24, 2009 at 8:13 AM

You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester

What is this discussion about? Car Buying


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#186 of 225
Re: Legitament deal? [kirstie_h] by qbrozen
Jan 18, 2008 (10:08 am)
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Replying to: kirstie_h (Jan 16, 2008 8:27 am)

True.
 
But it is also alot easier to check. I mean, the guy provides an address and phone number. You'd see if that number applies to the area, first of all. Call him up and say "I'll be in that area on business in the next few days. I'll swing by your house!"
 
You'd find out pretty quick if this was serious or not.
 
Out of strict boredom, I've gone a few rounds with the scammers just to see where it leads. I remember one in particular that claimed, while they were in another country, the car was in storage in Philly. Little did they know I am very close to Philly. I pressed many times for the address of the storage facility. Told them I had the check in hand and ready to send as soon as I got that address where I can go see the car. They finally gave up on me and stopped responding.
#187 of 225
Private Sale Experiences, On Ebay, Craigslist, Other by hpmctorque
Mar 03, 2008 (6:45 am)
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Most discussions focus on the buying or leasing experience, fewer on selling. I've traded, sold privately, donated and scrapped cars. Each has its advantages, depending on the value you place on convenience and your time, and the value and condition of the vehicle. While I've never experienced a problem, I've heard or read about some bad selling experiences.
 
Those of you who've sold vehicles to private parties, through Ebay, Craigslist, newspaper adds, or signs on the window, do you follow any guidelines that could be of value to other readers? Any do's and don'ts, or unusual experiences you'd care to share?
#188 of 225
Re: Private Sale Experiences, On Ebay, Craigslist, Other [hpmctorque] by gagrice
Mar 03, 2008 (7:44 am)
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Replying to: hpmctorque (Mar 03, 2008 6:45 am)

I have sold 4 vehicles on Craigslist. Patience is the key to success. Also take good pictures and use a photo service. My experience runs from one week to over one year to sell. My 2005 Passat TDI wagon sold in a week on Craigslist. My 2006 MB Cruiser RV took about 8 months and my 2005 GMC hybrid PU truck took just over a year. You have to repost your ads every week on Craigslist. It is free so that is good. It does not cover the whole US like the Auto Trader or eBay. Be careful giving out any info. Ask for a phone number to call for appointments. There are scam artists to beware of. You will get a lot of lowball offers. Again, patience cannot be over emphasized. If you have the vehicle priced right you will find a buyer eventually. I got $9000 more than I was offered in trade on my GMC PU truck. That is how much the dealer would have made on a near perfect truck.
#189 of 225
Re: Private Sale Experiences, On Ebay, Craigslist, Other [hpmctorque] by cccompson
Mar 03, 2008 (2:54 pm)
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Replying to: hpmctorque (Mar 03, 2008 6:45 am)

I've privately sold in excess of 50 cars over the past 35 years through various ways.
 
Rule #1 - Don't overprice your vehicle. Just like houses, it's a rare buyer that will overpay as there's simply too much competition.
 
Rule #2 - It's rare to get more than one seriously interested buyer in short order so it's best to sell it to that person. In other words, if it's at all possible, don't let your buyer get away by trying to squeeze that last dollar out of 'em. Of course, if you're in no hurry, you can wait and wait as a previous poster suggested.
 
Rule #3 - Always include the following information in your ad: year, make, model, mileage, and price. Your wasting time (not just your own) and money if you omit any of those five items.
 
Rule #4 - Do not misrepresent the vehicle in any manner, shape, or form. People have such low expectations as to honesty anymore that you'll build lots of rapport by being candid about your vehicles weak points (and virually all have them).
#190 of 225
buy it now by bkushner
May 17, 2008 (8:04 am)
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Hi, so I bought it now on a new camry hybrid from a dealer in Tucson. After trying toreach him for 24 hours to pay him, he sends me an email stating they had sold the vehicle to another dealer. What is my recourse?
#191 of 225
Re: buy it now [bkushner] by mikefm58
May 17, 2008 (10:12 am)
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Replying to: bkushner (May 17, 2008 8:04 am)

Probably nothing, that's most likely covered in the fine print in his ad. At most, negative feedback on ebay. Whoop-dee-doo. Why mess with ebay on such a common vehicle?
#192 of 225
Craiglist experience by prithis
May 20, 2008 (7:58 am)
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Sold my Land Rover Discovery in a week on Craiglist.
 
First I shovelled out all the junk that had accumulated in the car. Then I spent $20 on having the car washed, and detailed at my local car wash. I took clear photographs of the exterior and interior (remembering to blank out the license plates). I wrote up a detailed factual description of the vehicle without putting in any adjectives such as "excellent" or "good", but at the same time putting in key selling points such as first owner, accident-free, detailed maintenance records available, garage-kept, non-smoker etc. I also put the VIN number on the description.
 
I also spent a week researching Edmunds, KBB etc for a sale price. I had it appraised by Carmax (they give a detailed inspection report which is handy in a private sale) as well as a couple of local used car dealers. I also scoured Craiglist and Ebay to find out how much similar cars were selling for. I finally settled on a price.
 
I posted my listing on Craiglist. Within an hour I started getting "bites". More than 50% of these inquiries were from scammers, offering to buy my car without inspection and paying through a wire transfer service or cashiers check, and advising me that their shipper would pick up the vehicle. I also got a few genuine inquiries, including requests for more details on the condition, and time for an inspection.
 
The first guy who showed up to see the car test drove it, and inspected the car thoroughly. He said that he would come back the next day with his wife and the money. He never showed up.
 
The second guy who showed up test drove the car, and inspected the engine, went under the car. He made an offer which was $2000 less than what I had asked for. When I refused, he left me his number and asked me to call him if I did changed my mind. I did not call him. After several hours he called me and offered $500 below what I had asked. I accepted. He came next day with his wife and the money and we completed the transaction.
 
The guy requested a Bill of Sale (though one is not required in Illinois) so that he had some proof in case he got stopped by the cops for driving a car without plates. So I put together a Bill of Sale with an "As is" warranty clause after seeing several templates on the internet. There was nothing wrong with the car at the time of sale, but I just wanted to make sure that this clause was included to safeguard me.
#193 of 225
Re: Craiglist experience [prithis] by tidester HOST
May 20, 2008 (10:04 am)
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Replying to: prithis (May 20, 2008 7:58 am)

Thanks for that detailed report. It should be helpful to our members.
 
tidester, host
SUVs and Smart Shopper
#194 of 225
documentation for interstate title trans... by calleaghn
May 20, 2008 (11:30 am)
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I live in California and just bought a car on ebay from a New Jersey dealer. I am dealing directly with one particular salesman by cell phone. He has asked me to give him my social security number and a copy of my drivers license. I've never heard of this as a requirement for title transfer and I want to make sure it's on the level. Why would I need to give him all this info?
#195 of 225
Re: documentation for interstate title trans... [calleaghn] by prithis
May 20, 2008 (1:23 pm)
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Replying to: calleaghn (May 20, 2008 11:30 am)

This sounds very fishy. Unless you are financing your car through the dealer there is no reason for him to ask for your social security number.
 
I would say that the request for a copy of the drivers license is reasonable (for title and registration) but NOT social security.
 
Also, I was just curious how you are buying a car from NJ while you are in CA. Dont you want to inspect and test drive the car? If the dealer is offering the car at a deep discount which makes it economical to buy from across the country, what is his reason for such a discount?
 
I would do some more investigation before I do this, and I would certainly not give out my SSN unless I am financing it through him.

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