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Ebay Motors
Discover why eBay motors is the perfect place to buy and sell used cars, what kind of cars do well on eBay, what your car’s eBay value, tips on buying and selling with eBay and more.
Ebay motors have changed the traditional way people buying and selling used cars!
So, what's the advantage of using online auction site to buy or sell their vehicles? And why would so many people rather choose to do it online with strangers thousands of miles away with a car purchase?
From a seller’s perspective (a car dealer or a private seller), selling used cars from eBay can be a dream come true. You won’t see strangers come to your house to see your car, there’s no test drive involved, and you only deal with serious READY, WILLING and ABLE buyers who’s truly interested in buying your car.
This is also the perfect place for you to buy used cars at the lowest prices possible. More and more people are registering an eBay account to buyer cars online, because the eBay used car prices are lower than their local price. By carefully examine the ad and good communication with the seller, you can find some great deals on
eBay Motors
What Kind of Cars Sell Well On Ebay Motors
From brand new Bentley continental to old James Bond Toyota 2000GT roadster, just about every single model in any automobile manufacture have been bought and sold on eBay. This place is the largest used car lot in the world, and its right there on our computer.
Studies have shown that specialty cars, cars that are hard to find including antique cars, classic cars and high end European vehicles perform much better than everyday “ordinary” cars.
You will find that eBay Motors is not the best place for late model high mileage cars. The basic good old transportation cars normally don’t do well either. Supply and demand says it all!
And here’s something might be surprise to you, cars with rebuilt titles do really well on eBay. The reason being is the pure huge National exposure over the period of 7 to 10 days listing and the progressive auction bidding format allow the vehicles to get sold as much as possible.
If you are frustrated to sell your little ugly duckling cars locally, give it try on eBay Motors. Why not? I personally know quite a few wholesalers are selling the “rough book value” trade-ins on eBay and getting more than the local auction does. You just never know who will be your next buyer.
Half of Ebay Motors Are Dealer Stocks
Did you know that nearly half of eBay Motors’ listings are from car dealers? If you do not like to purchase from a dealer, you will skip half of the listings on eBay.
Normally dealers have to spend $500 or more in advertising and marketing to bring ONE LIVE PERSON to walk into a showroom, and this person can just be a tire kicker. With eBay model, for a mere $125 listing fee if the vehicle sold, they can get an average of 10 people bidding and possibly hundreds views over a 7-10 day auction period.
As a result you get to see a lot of “really cheap cars” are getting popular on the auction site. Be careful about those kinds of vehicles. Many dealers would buy rough car and sell them on eBay. Granted most of them do go to great lengths to list any problems these cars have. As I mentioned in the
Cheap Used Cars
page, do not buy any used cars asking less than $2,000. They are simply to old to drive SAFELY on the road.
Find Out Used Cars EBay Value
Typically in a local market, a dealer will ask full retail value for a car. An individual will ask for private party value (less than full retail) and wholesale value is the vehicle’s trade in value. On eBay, an individual can expect to pay somewhere between high wholesale value (higher than car auction) and private party value.
As you can see, there are some great buys to be made on eBay. If you are a savvy eBayer, you can make money in the price difference between vehicles’ LOCAL values and the eBay NATIONAL values.
Tips For Selling on eBay Motors
1. Make your ad easy to read. This is not the place to show off your design talent.
Instead focus on providing thorough information about the vehicle. Pay attention to the picture you upload, make them look good and keep the file size small. Your description should be short paragraphs, use bulletin points to highlight the features and benefit of your vehicle.
2. Let your buyer see the bad stuff.
People are making a purchase decision based on your description. Take your time to list and describe every dings, chips, cracks or imperfections in the vehicle you are selling. Better yet, take a picture with a ruler next to the “wounded spot” to show people exactly how big it is.
Trust me you will get more people to bid on your vehicle because you are good honest, trust worthy seller. And people will appreciated your effort to tell them the bad stuff.
3. Research your competition. If you are not sure about where to set your initial price, you can take a look at similar vehicles that your competitors have listed.
Notice some have bids and some don’t, spend sometime and study their auction will get you a head of average eBayers. Another good practice is to do a search on completed auctions to see how much is the car sold for.
4. State your shipping terms in the listing. Try to quote an exact shipping fee in your shipping terms.
Many buyers are put off by the “buyer pays actual shipping fess” option and won’t bother bidding. If not too sure about the cost, invite your potential buyers to email you with their zip code for a shipping estimate.
5. Fill out the About Me page. This is a great place to let your buyer get to know you before bidding.
Treat it like an online dating profile if you will, write something to show your personality, your car and hobbies etc. Let your buyers see you are a real person.
6. Avoid reserve pricing.
Reserve pricing is the minimum price you are willing to sell your vehicle for. You are the only person knowing it. Reserved pricing doesn’t foster much trust between buyer and seller.
Most people are hesitant to bid in reserved auctions. You will be surprised to see how many more bids you’ll get when you do not put a reserved on your car.
7. Communicate with your buyers. This goes to the entire auction process.
Be friendly and professional on the phone and emails. Answer all the inquires with “Hello and thanks for bidding” and end the conversation with the question like “let me know if you have any other questions” will help establish rapport with your buyers.
Do not just rely on automatic end of auction notice. Take the initiative and send the winning bidder a personal message to congratulate on their purchase and give them any instruction for payment and shipping information.
8. End your auction on weekends. Start your auction so it ends late on a Saturday or Sunday. That way you will get maximum bids. Your last two days will bring you most bids; also pay attention to the time zone difference.
Tips on Buying Cars of eBay Motors
1. Always look for cars locally. If you can’t find the right car locally, then and only then search on eBay motors.
2. Research research and research more about the market value of the car you are looking at. I can not stress this more than enough. This is the basic of any kind of purchase, never bid on any car that you are not familiar with. Use the complete auctions report to analyze the data.
3. Never get emotional and over bidding! Have book value guides or market value reports handy for reference.
4. Communicate with the seller via email and get a feel for their communication skills. Get a hold of the seller on the telephone and talk about the car. You can learn a lot about the seller base on the conversation.
5. Set the realistic expectation of the vehicle you are going to buy. Pay attention to the picture in the listing and ask questions to verify the condition. You are bidding a used car and it won’t be perfect. If you are not happy about what you see, move on to the next listing.
6. Sounds too good to be true? If the car listed way below wholesale book value, there is a reason for it. Get on the phone with the seller and ask why.
7. Ask the seller to fax you a copy of the title. Have them write VOID across the title to cover themselves, but you need to make sure the title is clear (no liens) and is in the seller’s name.
8. If the seller’s feedback is private or the bidder’s identities are private – neither DO NOT BID nor matter what the seller writes.
9. EBay has insurance under eBay Motors. If there’s a problem you must make a claim within a certain number of days. Don’t be put off by the seller to wait.
10. If you happen to find the car you love and the Buy It Now is available. You might want to just buy it now, get on with your life and enjoy the car!
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