Ebay’s New Acquisition Could Make It Easy To Buy A Car From Anywhere

eBay has “signed a definitive agreement” to bargain online automotive transaction level supplier Caramel to thief make buying and trading vehicles connected nan auction tract “more elemental than ever.”

Caramel has a tract and app that helps backstage parties and independent dealers discarded cars by handling nan paperwork, ownership transfer, financing, shipping, insurance, and more. The institution has respective marketplace and auction partners arsenic well.

Although eBay has hosted listings for utilized car income and auctions connected nan tract for years, it presently leaves it to nan trader to process costs and complete immoderate paperwork. Fees specified arsenic titling charges are too handled done nan seller, and you’d personification to negotiate separately complete things for illustration dealer-installed accessories.

Last month, online portion elephantine Amazon started its ain “Autos” website for group to bargain caller vehicles from dealers (only Hyundai models to start). However, Amazon advertises that you tin complete nan transaction (including a conveyance trade-in) to completion and only petition to premier up nan car astatine nan dealership.

How eBay’s process will look is still to beryllium determined. eBay says its connection pinch Caramel was signed connected January 11th, and nan woody is expected to adjacent successful nan first 4th of this year.