Bank transfer not cash sale

Asked by Chris Oct 20, 2020 at 01:44 PM about the 2016 Mercedes-Benz SL-Class SL 400

Question type: Car Selling & Trading In

The buyer and I want to have carguruspay facilitate a wire transfer so he can
have the car shipped.

2 Answers

41,110

How does it work? CarGurus Pay is included in the $4.95 cost to list your vehicle. When you accept an offer from a buyer you will see a prompt in your message thread to start the sale. You can also start the transaction and use CarGurus Pay from your My Cars for Sale page. You will then 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 What does it mean to have a vetted buyer? A vetted buyer is a person who successfully uploads an ID that, using third party tools, is found to be currently valid and legitimate. When a seller completes a vehicle sale transaction using our secure funds transfer feature on CarGurus Pay, we also verify the buyer by confirming that they have the agreed upon funds available in their account. (Note: CarGurus Pay may not be available in all states)

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