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Im brand new to this whole thing and i was wondering if you could give me some links to books/guides/online guides or any helpful and extensive information on how to buy and sell cars on ebay...free or a small price is fine..I want it to cover the basics to the advanced stuff if possible...

thanks...

2006-06-13 19:31:17 · 2 answers · asked by K_M_Hadi 1 in Cars & Transportation Buying & Selling

well am i goin to need more than just a dealer license? cause i have someone who is a dealer. All i have to do is put the cars up online and sell them so that i get a commission for them...

2006-06-13 19:40:15 · update #1

2 answers

If you want to sell cars, especially on eBay, you need to get an auto dealers license. Otherwise, you can get into trouble with the law because of stupid laws around this business.

If you do go through with this, I suggest taking lots of pictures. List everything about the vehicle, as well as problems and things that have just been repaired. Good luck.

2006-06-13 19:37:57 · answer #1 · answered by ryansharich.com 5 · 1 0

Beware of E-Bay's fee's for selling cars. I sold one on there and it ended up costing me nearly $500.00 after all of the hidden fees. Thats a big cut when the car only sold for $3500.00. If you still want to do it just make sure to list as much as you can about the car and put as many pictures as you can on the listing. No matter what you put on there you are still going to get bombarded with questions about the vehicle so be prepared to spend a lot of time answering E-Mail. Also as a tip dont accept bids from anyone who has a zero feedback score. These are sometimes people who set up a second account to put in a high bid on something they want so no one will out bid them and have the second highest bid their real bid. As soon as the auction is over they will decline to buy it with the zero feedback account and then contact you as the second highest bidder trying to get it for what they bid as the lower price.

Example: Item up for auction is 95 Polaris 500 H.O.
John has bid $500.00 on item. His feedback is 50
High bidder is Luke at $100,000. His feedback is 0
No one in the world is going to out bid Luke so no one else is able to bid.
Now that the auction has ended Luke is backing out of the deal. This is suppose to be a legally binding contract but there is really nothing you can do about it unless you have money to burn.
Now here is the bad part. You are still responcible for paying E-Bay for the seller fee's and John and Luke are the same person but you can't prove it and if you want to run the ad again you will have to pay again and John is probably going to do the same thing again so you set a reserve at what you want for it and end up paying piles of money for the listing and getting no bids because it is too high for a starting bid. It sucks but thats how it is in the real world.
Hope I have been helpful or at least informative.

2006-06-14 02:42:13 · answer #2 · answered by king_davis13 7 · 0 0

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