7 Secrets to Selling Cars at Auction
I cannot share all of the things you need to know to sell cars at online auctions; however, here are a few tips for those people who are shopping for a vehicle online:
Ask the seller if you can stop by and see the vehicle in person. Someone who doesn't actually have the vehicle in his or her possession will almost certainly refuse. Even if you have no intention of paying a visit, just asking to see it could be useful.
Watch out for auctions that feature stock photos or photos from brochures. Anyone with a real car to sell should be able to take a picture of it.
Beware of any seller who will only accept a wire transfer for payment.
Beware of a seller who says the vehicle is in another country but offers to pay the shipping to the United States. This is a common ruse used by scammers in other countries.
Watch out for a vehicle that is offered for sale at a price that seems too inexpensive for the model. A $25,000 car offered for $10,000 should set off bells in your head.
If on eBay, check the seller's transaction history to see if they have a record of actually selling vehicles. Scammers sometimes hack into eBay user accounts and sell using the name of another, established user. If the seller is selling a Harley but has a history of only buying compact discs, watch out.
While buying a vehicle through online auction sites is a good way to purchase one, buyers should exercise the same cautions as when they buy anything else on the Internet. If you are buying an expensive item and you are not familiar with the seller, be careful.
The Internet has provided the public with a useful and convenient tool that makes it easier to do all manner of things than it used to be. One of these things, oddly enough, is the sale of motor vehicles. It seems strange that cars would sell well on the Web, as one would think that buyers would want to "kick the tires" before making a purchase. The success of eBay Motors, Auto Trader and other online sites devoted to the sale of motor vehicles would suggest otherwise, as business at those sites is thriving. Consumers who wish to purchase a vehicle online should be aware of a popular scam perpetrated by crooks who wish to steal your money – the wire transfer scam. The seller offers a vehicle for sale that he or she doesn't really have; they often just post a stock photo or one they found somewhere. The sellers often indicate that they are located in Europe, and they insist on a wire transfer, such as Western Union, for payment. Once the buyer sends the money, the seller vanishes, never to be heard from again. This scam has been going on for some time, and most of the online auto auction sites encourage their customers never to pay for a vehicle using a wire transfer, even if the seller promises to use escrow to ensure the safety of the transaction.
Monday, May 28, 2007
Wednesday, May 16, 2007
Selling On Ebay and Other Places
Selling Imports on eBay
OK, here it is. The premise of the article is this, you need to understand importing 101, if you plan to import and sell on eBay or any other auction site, or engage in international trade that requires importing something from other countries to The USA and/or your country. We import and sell on ebay, trade shows, flea markets, etc. Importing is so easy that anyone can do it. Importing goes as far back as the concept of trading because you have to get goods and materials that you do not have, from where they are, to where you are. You may need to import a particular item even if it is available in the country, when you can get it from another country at less money. One must understand some common sense aspects related importing.
Things/questions you may need to consider: What do I want to import? How much money do I have to spend? What can I sell it for? What is the total cost required to buy and sell the item? Who has this item? Who do I need to contact, or bring on board to make this work? Consult professional legal experts prior to and while you are talking with prospective suppliers. The very first person and/or company you should contact is a certified and approved United States customs brokerage firm. Do a goggle search, if you do not know of one. Share with them that you are new to this. Let them know all you know at this point. Then, ask them what you need to do. They will share with you virtually all you need to know. Cost to get this advice Zero Dollars You do not necessarily need to sign a contract, with your supplier. Find out how and when monies from you to them are due. Do not worry about the exchange rate the supplier already knows how many US Dollars they need to sell you their items, and they know exactly how many U.S. Dollars it will take to ship them to you. Speaking of shipping. DA Boat, DA Boat, Use DA Boat.
Some of these high dollar self proclaimed importing experts tell you to get familiar with all those import regulations, tariffs, duties etc. Hog Wash, The customs broker that you have been talking too. Guess what Bubba? They already know the laws, regulations, etc that you will be involved with. That's why you get a customs broker. OH, Did I share with you that you do not pay the customs broker, until your goods get to them, or whatever place you having them sent too. There again, they will let you know how much and when to pay.
Some self proclaimed experts tell ya to take care that you are complying with all the rules and regulations, that you need to plan for transportation, storage, insurance and documentation, and then show this to a legal expert, pay them for their advice. Get all these documents and terms of the contract examined by the legal experts. Hog Wash, Or, you can let the customs broker take care of most if not all of these factors, for you. Cost for the broker to do this Zero Dollars. Some importers buy and deal with the manufacturer or supplier of the goods. Some like to outsource these details to someone else that will handle all the issues related to the importing and purchase from him. However, dealing with the manufacturer or supplier is the best method, as it requires that you should be personally in touch with the overseas supplier of the material. Oh did I share with you that this generates the most profit.
The above stated information is a very very brief, not nearly complete synopsis of importing. However, it does cover importing 101, an overview. Maybe, just maybe there is enough information and/or the lack there of to peak your interest and start digging for more information. One thing we share in comclusion is this, anyone can do this, all you need is the determined what too.
OK, here it is. The premise of the article is this, you need to understand importing 101, if you plan to import and sell on eBay or any other auction site, or engage in international trade that requires importing something from other countries to The USA and/or your country. We import and sell on ebay, trade shows, flea markets, etc. Importing is so easy that anyone can do it. Importing goes as far back as the concept of trading because you have to get goods and materials that you do not have, from where they are, to where you are. You may need to import a particular item even if it is available in the country, when you can get it from another country at less money. One must understand some common sense aspects related importing.
Things/questions you may need to consider: What do I want to import? How much money do I have to spend? What can I sell it for? What is the total cost required to buy and sell the item? Who has this item? Who do I need to contact, or bring on board to make this work? Consult professional legal experts prior to and while you are talking with prospective suppliers. The very first person and/or company you should contact is a certified and approved United States customs brokerage firm. Do a goggle search, if you do not know of one. Share with them that you are new to this. Let them know all you know at this point. Then, ask them what you need to do. They will share with you virtually all you need to know. Cost to get this advice Zero Dollars You do not necessarily need to sign a contract, with your supplier. Find out how and when monies from you to them are due. Do not worry about the exchange rate the supplier already knows how many US Dollars they need to sell you their items, and they know exactly how many U.S. Dollars it will take to ship them to you. Speaking of shipping. DA Boat, DA Boat, Use DA Boat.
Some of these high dollar self proclaimed importing experts tell you to get familiar with all those import regulations, tariffs, duties etc. Hog Wash, The customs broker that you have been talking too. Guess what Bubba? They already know the laws, regulations, etc that you will be involved with. That's why you get a customs broker. OH, Did I share with you that you do not pay the customs broker, until your goods get to them, or whatever place you having them sent too. There again, they will let you know how much and when to pay.
Some self proclaimed experts tell ya to take care that you are complying with all the rules and regulations, that you need to plan for transportation, storage, insurance and documentation, and then show this to a legal expert, pay them for their advice. Get all these documents and terms of the contract examined by the legal experts. Hog Wash, Or, you can let the customs broker take care of most if not all of these factors, for you. Cost for the broker to do this Zero Dollars. Some importers buy and deal with the manufacturer or supplier of the goods. Some like to outsource these details to someone else that will handle all the issues related to the importing and purchase from him. However, dealing with the manufacturer or supplier is the best method, as it requires that you should be personally in touch with the overseas supplier of the material. Oh did I share with you that this generates the most profit.
The above stated information is a very very brief, not nearly complete synopsis of importing. However, it does cover importing 101, an overview. Maybe, just maybe there is enough information and/or the lack there of to peak your interest and start digging for more information. One thing we share in comclusion is this, anyone can do this, all you need is the determined what too.
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