The fact that over one million one-of-a-kind visitors come to eBay Motors apiece month makes them the logical place to list your automobile and get it sold quick, not matter whether you are a dealer or selling your own car.
Required Listing Details: There are a number of details you will need to record to include in the eBay listing before you go to list you vehicle. Here is an example of what you will need for the eBay listing (if it does not apply then you just leave it blank):
Manufacturer: Volkswagen
Registration Number (if currently registered): Unregistered
Model: Golf
Engine Size: 2.0 litre
Type: Hatchback
For Sale by: Private Seller
Doors: 5
VIN (Vehicle Identification Number): WVWZZZ2HUBN6R
Date of Manufacture: 12/96
Type of Title: Clear (most titles)
Date of 1st Registration: 04/97
Engine Number: AGB129286
Colour: Blue
Metallic Paint: No
Registration Information: Unregistered
Factory/Aftermarket Warranty: None
Right-Hand, Left-Hand Drive: Right-Hand Drive
Transmission: 5-Speed Manual with Cruise Control
Number of Previous Owners: 2
Fuel: Petrol
Kilometres: 137082
Previously Registered Overseas: NO
Condition: Used
Dealer License Number:
Options: Air Conditioning, Alloy Wheels, AM/FM Stereo, CD Player, Power-Assisted Steering (PAS), Power Locks, Power Windows (All), and Window Tint
Safety Features: Back Seat Safety Belts, Driver Airbag, Passenger Airbag, Safety Belt Pre-Tensioners
Auction Running Time: The length of time to run your auction for is up to you but as a rule of thumb, I normally run them for 10 days starting on a Thursday at 8 pm. That way it will run through two weekends (best time for inspections) and end on Sunday evening at 8 pm (when most people are looking).
Vehicle History: Write a few short paragraphs describing what you know about the history of the vehicle. Are you the original owner? Has the automobile been in any accidents? If you have maintenance records let bidders know how regular it was serviced. Also let bidders know if you have replaced any parts, like tyres, gearbox or clutch and how long ago.
Vehicle Faults: Describe all faults (if any) in your description. If you don’t, you can bet you will be pulled up on it later and might have to give a partial or full refund. Honesty is the ideal policy.
Vehicle Transportation: Say clearly and prominently in your eBay auction listing how the automobile will be transported once sold. Let them know it is pick-up only or they hold their own courier and you are not responsible for delivery of the vehicle.
Vehicle Research: Before making a decision on what price to begin your auction at and what reserve (if any) to apply to will pay you to do some online research to find out the current resell value of your vehicle. Research past eBay listings for automobiles similar to yours to get an intent about how much people are willing to pay and, check out some of the other online automobile websites to gauge an approximate value.
The bottom line here is, what is the lowest price you are willing to take for the automobile and, to begin your auction at or set your reserve price at that price. That way if it does only sell for the reserve you set, you are not going to be disappointed.
Many people will advise you to begin your auction at a ridiculously low price so as to create a bidding frenzy… this can happen but it is rare. What usually happens is some smart eBay intermediator will buy it for a song and resell it for a profit.
Once a bid has been places on your auction (unless you have a reserve) you are in a binding contract and are indebted to sell the automobile at the final bid price. Once the reserve has been meet you are also indebted to sell at the final bid price.
Do not bid on or get friends to bid on your auction to near the price up, it is called shrill bidding and is not granted on eBay. Besides, what if you or your friend becomes the final bidder? You will still have to pay all the eBay fees.
Use Video In Your Auction Listing: Use video as well as pictures in your eBay listing. If you can, create a video showing the interior and exterior of the vehicle. Get someone to begin the automobile so you can record how easily it starts, and how smoothly the engine runs.
You could even video someone driving it. Video will create excitement and anticipation in your prospective bidders adds the advantage of the prospective bidders, and install more confidence to place a bid or even hold a viewing. There are many websites that offer video production features and many are very simple to use.
Contact Details: Some bidders in your local area might wish to inspect the automobile prior to placing a bid and, it is important to encourage them to do so before placing a bid in your eBay auction listing. Give prospective bidders a phone number to contact you (adds more credibility) or ask them to contact you through the eBay messaging system, to hold a suitable time to inspect the automobile you have for understanding on eBay.
DO NOT let them drive off in your automobile for a test run without you in it (they might not come back).
DO NOT accept offers outside of eBay (unless you are selling in a classified ad) as you and they will no longer have any endorsement under the eBay system. Rather, encourage them to place a bid as it could inspire others to begin bidding which could lead to a bidding war.
DO NOT hand over the automobile until full payment has been prefabricated and funds are cleared into your account. It is not advisable to accept individualized checks. Ask them to pay by PayPal (then you are both protected), by bank deposit, or in cash when the pick the automobile up.
Bidders Questions: Answer all questions about the automobile in a polite courteous manner even if the question might seem ridiculous to you (it could be genuine and it will install confidence in the prospective bidder)
Winning Bidder Contact: Contact the winning bidder immediately after the auction to congratulate them on their successful bid and discuss how and when they would like to hold payment and pick up of the vehicle.
Contact the winning bidder again the day after they have taken delivery of the automobile to make sure they are absolutely happy with the purchase. It will make them feel that you care about them and that they have prefabricated the right decision to buy from you. It will also probably mean you will get glowing feedback.
Auction Watchers: You will always get lots of watchers of eBay automobile and automobile auctions but don’t get too excited as many are just that (watchers), Either that, or they have a similar automobile they have been thinking about selling and are just wondering what sort of price they might get.
eBay Fees: Selling your automobile or automobile by auction on eBay Australia will incur insertion fees and a final valuation fee and they are as follows:
Insertion Fees
AU$8.00 Insertion fee for automobiles AU$5,000 and below
AU$10.00 Insertion fee for automobiles AU$5,000.01 and above
AU$5.00 for motorcycles (fixed)
AU$8.00 for other automobiles (fixed)
AU$10.00 Reserve Price Fee if you wish to place a reserve price on your automobile auction listing. This fee is refunded if your automobile sells.
Final Valuation Fee (only paid if the automobile is sold)
AU$35.00 (fixed) for automobiles AU$5,000 and below
AU$40.00 (fixed) for automobiles AU$5,000.01 and above
AU$40.00 (fixed) for motorcycles and other vehicles
Classified Ads: You can also sell your automobile as a fixed price classified ad.
AU$19.99 (for 28-days) Cars, Motorcycles, and Other Cars Classified Ad
There is no final valuation fee for classifies ads.
Click here for eBay US fees
Never Sold on eBay Before: If you’ve never sold anything on eBay before, the whole process can be kind of confusing – but it doesn’t have to be! I am an eBay registered trading assistant and have sold many items (including vehicles) on behalf of clients.
Incoming search terms for the article: