how does a seller get paid
1 Answer
Thank you for reaching out to us! That is a great question. We recommend checking out the page below for information on what CarGurus Pay covers: https://cargurus.helpscoutdocs.com/article/232-secure-private-party-transactions When you accept an offer from a buyer you will see a prompt in your message thread to "Start a secure transaction." Once you click that button a you will need to fill out a form with the following information: Your full contact information, including mailing address (we will need to collect this to ensure an easy title transfer later on) Any information you have about your buyer (e.g. their name, phone number, and email) Vehicle details (e.g. to confirm your listing and VIN number) The ownership status of your car (e.g. if you currently have a lien on your car). A similar form will be sent out to the buyer for completion. Once we have all the necessary information in place a team member will reach out via phone to complete the transaction! Funds will be sent electronically to be verified. Once this is completed, they will be deposited into your account. If you have any more questions please reach out to us directly to user_support@cargurus.com