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Ending a Listing
There are three possible ways your listing will end:
- As a Sale at the end of your scheduled listing period.
- As a Sale that ends the listing early.
- As a Non-Sale.
In the first scenario, your vehicle sells to the person making the highest bid above your Reserve Price at the end of your scheduled listing. Of course, if you can sell your car or truck quicker than your scheduled listing, the Buy It Now and Best Offer options let you end the auction as soon as you and a buyer agree on a price — resulting in scenario two.
Obviously, you'd prefer one of the first two options. But not every vehicle listed on eBay Motors sells, for a variety of reasons — Start or Reserve Price too high, poor vehicle description, ineffective photos, unfavorable Terms of Sale, lack of demand/over supply, what have you. That doesn't mean you can't sell the car or truck on eBay Motors. In fact, when a listing ends without a bid, or without a bid above the Reserve Price, you have the option of relisting it — though, you'll want to amend or edit your listing to make it more attractive the second time around.
Once a listing ends as a successful sale, eBay Motors automatically sends you and the buyer an "End of Listing" email that includes all the pertinent information about the winning bid. However, we still recommend that you contact the winning bidder yourself as soon as possible to finalize the transaction, either by email or phone. You'll find that the remainder of the process is very similar to the traditional closing process, in which you handle:
- Terms of Payment and/or Deposit
- Financing, if needed
- Vehicle Inspection
- Vehicle Shipping – delivery or pick up
- Tax, Title, Licensing and Registration
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INCREASING SALES |
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"eBay Motors draws in customers from across the country and across the oceans." |
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Jason Rebholz, Internet Sales Manager, Bobby Rahal Motorcars, Wexford, PA. |
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