Used Cars For Sale On eBay
There are thousands of used cars for sale on eBay every
single day. In fact, eBay Motors is the most profitable
sales division on eBay and naturally there are many
entrepreneurs who are interested in jumping into this
market. For instance, eBay claims it sells an SUV every nine
seconds and is the biggest online car dealer in America,
exceeding the traditional car companies. In fact, there are
15 million cars sold over the Internet each year - and
growing.
The recent rapid growth of the consignment business model
has made the used car market even more enticing. Many
sellers are able to sell cars they have never even seen and
with no more risk than the cost of the auction listing. Some
negotiators even persuade the car owner to pay for the ad,
thereby risking no more than their time.
The biggest single issue for this business model is the
trust of prospective buyers. After all, paying thousands or
tens of thousands of dollars for a car sight unseen is an
awesome leap of faith. Even buying for a plane ticket to go
see a car before paying causes buyers to be uncomfortable.
The best way sellers can overcome this fear is to use an
escrow service. The one chosen by eBay is Escrow.com, which
handles eBay auctions in the US and Canada.
An escrow service acts as a neutral third party. In an
exchange of merchandise, the buyer sends his money to
Escrow.com and the seller ships the product to the buyer.
The buyer usually has two days to inspect his purchase, and
if he is happy, he notifies the excrow company who releases
the money to the seller, minus its fee. If the buyer is
dissatisfied, he returns the undamaged merchandise to the
seller, and after the seller receives his merchandise back
(in satisfactory condition), the escrow company returns the
buyer's money. Thus both sides in the transaction are
protected. The buyer almost always pays the fees for this,
although sometimes buyer and seller split the cost.
Escrow.com has created its "Vehicle Services Division"
specifically for dealing with the used cars, trucks, SUVs
and almost anything else with wheels and a motor. The buyer
can have a 160 point inspection performed before agreeing to
the purchase. This is an inexpensive service and certainly
will save the buyer any headaches.
* The buyer pays a $125 fee that is non-refundable
* The seller is contacted and the inspection is carried out
* The buyer receives a report
* The buyer chooses to go ahead with the purchase - or not
Another choice for the buyer is to deposit his payment with
Escrow.com and then take delivery of the vehicle. The
seller ships the car after he knows the money is secure with
the escrow company. The seller must provide tracking
information, which is verified by Escrow.com.
The buyer has between one and 30 days to thoroughly inspect
his new purchase (the period is negotiated between the two
parties ahead of time). If this time expires and the escrow
company has not heard from the buyer, it assumes he is happy
and gives the purchase price to the seller.
The buyer may return his vehicle if he isn't happy and
sometimes buyers and sellers work out partial payment
agreements, the buyer being satisfied with some parts of the
transaction, but not with others. If a dispute arises, it is
settled by the American Arbitration Association.
The fee for this service is:
* $0 - $7,500 = value of vehicle: $125
* $7,500.01 to $15,000: $170
* $15,000.01 to $30,000: $200
* $30,000.01 to $50,000: $275
* $50,000+ = 6% of the value
Once both parties have agreed, the title transfer process
begins and Escrow.com will guarantee this too, for a fee of
$95. Title transfers are handled by Centerpoint Diversified
Services which works in all 50 states. The fee, naturally,
doesn't include any transfer costs - it is only insurance
that the title will be expedited to the satisfaction of both
parties.
Escrow.com also offers a service that will ship cars almost
anywhere in the world and will gather an auto history report
to inform sellers if their new chariot has been salvaged or
stolen, suffered flood or hail damage, been in a fire or
accident, has had an odometer rollback or has been used as a
police car, a rental or a taxi.
Anyone considering offering used cars for sale on eBay would
be well advised to thoroughly learn the services available
through Escrow.com and offer those to prospective buyers.
The trust factor will skyrocket and your chances of
completing sales will dramatically increase.
About The Author:
Learn how to sell on eBay with 16 hours of online instruction taught by a 10 year eBay veteran. Own an eBay business instead of an eBay hobby.
http://www.auction-genius-course.com
How to determine the correct hubcap, wheel size
It's perplexing, you loose a hubcap. You start surfing the web for what seems like an easy task of replacing it. Your sure you know the right size because you measured it, but this website is saying your hubcap is a different size.
One would think the simplest way to determine the size of an item would be to break out the old tape measure and measure it...right? Well...for most items this is true but not in the case of hubcaps, wheel covers or wheel rims.
Measuring of wheels and hubcaps in the automotive world is done differently. It all corresponds to the tire size of the vehicle. If you look at the side of a tire on any vehicle, there will be a series of numbers ending in R14, R15, R16, etc. This final number will tell you what size wheel or hubcap you need.
For example, you have a 2001 Toyota Corolla and you need to replace the hubcap. You look on the side of the tire and find a number similar to this "P175/65/R14". What this number tells you is that you need a 14" hubcap or wheels. By physically measuring the hubcap, you would get a measurement of a little over 15" and this is where the confusion comes into play. Always go be the size printed on the tire and you can't go wrong.
For more information and answers to many questions about hubcaps and wheels, Hubcap Heaven and Wheels can help you.
http://www.hubcaps-wheelcovers.com
24 hours a day, 7 days a week
A Closer Look at Hydrogen Powered Motorcycles
An innovation has recently triggered the riders' curiosity and scrutiny. This was all about the launching of hydrogen powered motorcycles. These motorcycles are called ENV (pronounced as envy) or emissions neutral vehicle. The speed is 50 mph or 80 km/h at the range of at least 100 miles or 160 km. Said motorcycles can run for four hours before its fuel-cell needs recharging.
Intelligent Energy, maker of ENV, has designed the fuel-cell motorcycle to look simple, clean and user-friendly. Aside from the fact that it is run by a fuel cell called Core, it also produces low sound compared to the rest of the motorcycles. Said Core is detachable from the motorcycle and can be used to power small household properties. The battery pack serves to provide 6 kilowatts of peak load to the motor. With it, motorcycle can tend to become too quiet eliminating the usual excruciating roar. In addition, anti-noise campaigners are welcoming it on the streets. This can open to a whole new experience to all the riders out there. The only drawback though is that said motorcycle can not more or less warn other vehicles or passersby for that matter.
In one of his interviews, Harry Bradbury, chief executive of the bike's British manufacturers Intelligent Energy said, "What we are doing is introducing flexibility into it, so that you can have ambient noise that is tolerable - low-level noise sufficient for safety reasons - but which can be switched off when desired."
ENV is a pollution-free motorcycle. In fact, according to its designers, even its water-vapor emissions are drinkable because they are so clean. With the state's endeavor to clean up the air, the use of ENV can be a good alternative.
What about the price? The hydrogen fill-up could cost $3. Motorcycle parts are another thing. A prototype of ENV as divulged in London could cost more than $8,300. However, riders are expecting that price will be around $6,000. But expectations may fail. The bike is expected to be open to buyers next year. The expected first's buyers are probably the nations of China and India where motorcycles are common modes of transportation. However, it is predicted that ENV will not sell much in the United States because Americans view motorcycles as leisure vehicles and not so much for other reasons.
This advancement in technology can bring about major advantage in our environment especially to the attainment of clean air. Aside from the fact that it will reduce air and noise pollution in the streets, it can still be a good source of transportation and adventure.
