eBay Motors Payment Methods
eBay Motors has a lot of vehicles for sale, but there’s a bottleneck: the platform doesn’t offer a great way to send and receive large sums. What if there was a payment solution that allowed you to transfer up to $1M instantly with no fees?
Read on to learn how PrivateAuto Pay removes payment friction from vehicle transactions on eBay Motors—or anywhere cars are sold.
What Payment Methods Does eBay Motors Offer?
eBay Motors offers the following payment options for buyers and sellers. Each of these methods has serious drawbacks.
There is a better way to transfer funds safely, cheaply, and quickly.
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PayPal and credit cards charge fees of 2-3%. They quickly add up to hundreds of dollars on car purchases, eating into budgets for buyers and profits for sellers.
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Cashier's checks cause delays in accessing funds and are super old-school and clunky.
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Bank transfers mean sharing financial details online with strangers, which raises major privacy and fraud risks for buyers and sellers alike. They also take time to clear.
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In-person cash exchanges place undue security burdens and risks on both buying and selling parties when handling thousands of dollars in cash. It’s also inconvenient to withdraw and deposit large amounts of cash.
There is a better way to transfer funds safely, cheaply, and quickly.
A Better Route for eBay Motors Payments
We got tired of dealing with the hassle of other payment methods, so we created PrivateAuto Pay.
PrivateAuto Pay is the only safe, fee-free instantaneous, convenient, and contactless payment option for high-dollar car transactions.
When it comes to receiving payments or paying for a car, the benefits of PrivateAuto Pay include.
PrivateAuto Pay is the only safe, fee-free instantaneous, convenient, and contactless payment option for high-dollar car transactions.
When it comes to receiving payments or paying for a car, the benefits of PrivateAuto Pay include.
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Your PrivateAuto Pay account is actually an FDIC-ensured bank account that you own, accessed via your PrivateAuto profile.
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Send or receive fee-free payments up to $1M.
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Instantaneous fund transfers enable real-time deals—no waiting or coordination. Close the deal when you meet for the test drive.
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Instant payments work 24 hours a day, 365 days a year. No coordinating around banker’s hours.
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Easily move money from your regular bank account (checking or savings) to PrivateAuto Pay and vice versa.
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No exchange of contact information or banking info—your sensitive info stays safe, protecting you from scammers.
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Encrypted data protects you from hackers.
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Self-service safeguards eliminate the need for an escrow service.
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You can even sell or buy a car remotely with our escrow-like safeguards.
PrivateAuto Pay Features | |
Drivers License Verification (Both Parties) | |
Available in All States (USA) | |
Available Nights, Weekends, Holidays | |
No Money Transfer Fees | |
Transaction Amounts | Up to $1,000,000 |
Money Transfer Time | Instant |
PrivateAuto Pay is great for users of the PrivateAuto platform, but what about people buying and selling on eBay Motors?
It turns out we created a solution for you, too.
It turns out we created a solution for you, too.
What Is DealNow?
With DealNow, you can take advantage of the PrivateAuto transactional infrastructure, even if you’re buying or selling on eBay Motors.
Gain access to identity verification, binding legal paperwork, and instant payments. For sellers, avoid payment delays and fraud risks by bringing eBay buyers to DealNow. Receive funds instantly and keep financial information private.
Gain access to identity verification, binding legal paperwork, and instant payments. For sellers, avoid payment delays and fraud risks by bringing eBay buyers to DealNow. Receive funds instantly and keep financial information private.
DealNow for Buyers on eBay Motors
Once you've found your dream used car on eBay Motors and won the auction, it's time to actually complete the deal. That's where DealNow comes in to make the process simple and secure.
Here's how it works:
DealNow takes over once the eBay auction ends, so you can drive away happily in your new ride without hassle.
Here's how it works:
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You contact the seller through eBay messaging and provide your DealNow profile link to get the purchase started.
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Schedule a test drive through DealNow's seamless app—no email tag or exchange of contact info.
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Digitally sign the bill of sale.
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Make instant payment.
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Take possession of the car, title, and keys.
DealNow takes over once the eBay auction ends, so you can drive away happily in your new ride without hassle.
DealNow for Sellers on eBay Motors
Once your auction ends on eBay Motors, it's time to actually complete the transaction. That's where DealNow comes in to make the process simple and secure.
Here's how it works as a seller:
1. You send a DealNow link to your eBay Motors buyer (or they send one to you and you accept).
2. Schedule a test drive through DealNow's streamlined app.
3. Digitally sign the bill of sale.
4. Get paid instantly.
5. Sign over the title and hand over the keys.
Next time you buy or sell a car on eBay, move the deal to DealNow. The transactional infrastructure delivers the convenience and assurance eBay Motors lacks.
Here's how it works as a seller:
1. You send a DealNow link to your eBay Motors buyer (or they send one to you and you accept).
2. Schedule a test drive through DealNow's streamlined app.
3. Digitally sign the bill of sale.
4. Get paid instantly.
5. Sign over the title and hand over the keys.
Next time you buy or sell a car on eBay, move the deal to DealNow. The transactional infrastructure delivers the convenience and assurance eBay Motors lacks.
What If I Need to Finance My Car?
It’s great if you can pay for your car upfront, but some of us need to finance our car. Fortunately, the PrivateAuto workflow makes financing easy. When you move your eBay transaction over to DealNow, you can take advantage of easy financing right within our workflow.
After a credit score check and approval, our FDIC lending partner will fund your PrivateAuto Pay account. You can then instantly send money from your PrivateAuto Pay account to the seller. There's no need to coordinate with lenders or manage loan paperwork.
Here are some key advantages:
If you’re in the market, feel free to get started with car financing here!
No more coordinating with an external bank and jumping through a ton of hoops. Experience the ease of funding your next car through PrivateAuto!
After a credit score check and approval, our FDIC lending partner will fund your PrivateAuto Pay account. You can then instantly send money from your PrivateAuto Pay account to the seller. There's no need to coordinate with lenders or manage loan paperwork.
Here are some key advantages:
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Everything happens in the PrivateAuto app, from the initial financing application to funding the vehicle and sending the payment.
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Fast approvals. Get approved in minutes without having to fill out extensive paperwork.
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Funds deposited quickly. Once approved, you'll have financing deposited into your PrivateAuto Pay account within days.
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Instant transfers. Send funds instantly to the seller right from your PrivateAuto Pay account.
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Competitive rates. PrivateAuto’s FDIC lending partner offers competitive used auto loan rates.
If you’re in the market, feel free to get started with car financing here!
No more coordinating with an external bank and jumping through a ton of hoops. Experience the ease of funding your next car through PrivateAuto!
Buying or Selling A Car with PrivateAuto
Conduct private car transactions easily and safely with PrivateAuto. Our innovative platform connects buyers and sellers and gives them all the tools to complete the deal, from in-app financing to secure messaging to integrated payments. Get started with PrivateAuto today.
Sell your vehicle on PrivateAuto easily and conveniently. The sales process consists of a few simple steps:
1. Gather the required documentation
2. Create your PrivateAuto profile and get verified
3. List the car
4. Set your own terms
5. Vet incoming offers
6. Choose the buyer you like
7. Schedule the meetup
8. E-sign paperwork
9. Get paid instantaneously
10. Transfer ownership
It’s so easy. Or, if you’re in the market to buy, browse our for sale by owner listings!
1. Gather the required documentation
2. Create your PrivateAuto profile and get verified
3. List the car
4. Set your own terms
5. Vet incoming offers
6. Choose the buyer you like
7. Schedule the meetup
8. E-sign paperwork
9. Get paid instantaneously
10. Transfer ownership
It’s so easy. Or, if you’re in the market to buy, browse our for sale by owner listings!
eBay Motors FAQ
How can I buy a car on eBay without getting scammed?
Buying or selling a car on eBay carries risks.
Luckily, vehicle buyers and sellers can take steps to transact securely:
- Buyers should thoroughly verify vehicle details, inspect vehicles in person, and steer clear of sellers who pressure them.
- Sellers should carefully vet buyer identities and only release cars once funds are received.
- Move deals to DealNow to take advantage of PrivateAuto’s identity verification, privacy features, instant payments, and other benefits.
By avoiding hasty payments, carefully vetting deals, and using DealNow for transactions, both buyers and sellers can securely exchange vehicles and funds.
Luckily, vehicle buyers and sellers can take steps to transact securely:
- Buyers should thoroughly verify vehicle details, inspect vehicles in person, and steer clear of sellers who pressure them.
- Sellers should carefully vet buyer identities and only release cars once funds are received.
- Move deals to DealNow to take advantage of PrivateAuto’s identity verification, privacy features, instant payments, and other benefits.
By avoiding hasty payments, carefully vetting deals, and using DealNow for transactions, both buyers and sellers can securely exchange vehicles and funds.
What are the most popular alternatives to eBay?
Is cash a good method of payment?
Are Paypal and Venmo good payment methods?
What are the advantages of buying from a private seller vs car dealers?
Does PrivateAuto provide the necessary paperwork for a successful transfer of ownership?
Do I need an escrow service when buying a car privately?
Can I pay by bank transfer for a used car?
Further Reading
What is the best place to buy a used car online?
What are some common car escrow scams?
How do I pay the seller if I'm buying an out-of-state car?
Everything you need to know about selling a car on eBay
How to transfer insurance when selling a car?
What to do after buying a faulty car from a private seller?
How to sell a car on eBay Motors?
What are some common car escrow scams?
How do I pay the seller if I'm buying an out-of-state car?
Everything you need to know about selling a car on eBay
How to transfer insurance when selling a car?
What to do after buying a faulty car from a private seller?
How to sell a car on eBay Motors?
Brad Parker
Contributing Author
Brad Parker is the CEO and co-founder of PrivateAuto, where his dynamic entrepreneurial spirit and visionary leadership are driving the transformation of the automotive industry....