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Narrow the search: Choose a make and model, then hit eBay. It's easier
to make frequent checks on the auction market by using an exact model in the
eBay search field.
Use the eBay buyer tools: Be sure to check the feedback from other buyers
regarding the seller. Make sure the individual is rated as a seller, not a
buyer. Read the auction description carefully and request more photos by e-mail
if necessary.
Call the seller: It can be reassuring to develop a rapport with the
seller, and sale terms may be more flexible than you think.
Look for no-reserve auctions: Find the seller who doesn't set a minimum
winning bid amount, which often is as high as the car's retail value.
Make sure you have an out: Bid only on auctions where sellers allow you
to cancel after you inspect the car.
Cash is king: While the banking industry is getting more creative about
financing online purchases, most interstate transactions are cash sales.
Have the car inspected by a mechanic: Contact a mechanic in the city
where the car is being sold and arrange for an inspection when you arrive. The
eBay site offers inspection services in 50 major metro markets, as well as a
free limited warranty for the drive home for many cars.
Use Carfax: The company's $19.99 online vehicle history report can tell
you where the car has been, its accurate mileage, and whether it has been
damaged in a crash or flood.
Use online pricing services: Free services such as the True Market Value
system at Edmunds.com give a quick, realistic idea on retail and wholesale
values of used cars.
Bid: Decide on a fair price for a car, then bid.
Factor in travel or delivery costs: Remember you have to pick up the
vehicle or have it shipped when you win the auction. Include gas, hotels, food,
lost work time, and plane tickets in the cost.
Buy round-trip plane tickets: A discount round-trip fare is often cheaper
than a one-way ticket, and it gives you flexibility if you decide you don't want
the car when you see it.
All
you pay is Shipping & Handling!
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