Wheels On The Web

By Kristen Castillo

April 3, 2017 6 min read

In the market to buy or sell a vehicle? Consider online resources to help you make a deal.

From researching vehicles to creating listings complete with photos, the internet is the modern way to handle the business of buying and selling cars, trucks and motorcycles.

Here's a look at some of the best destinations for wheels on the web.

*EBay Motors

For years, eBay Motors has been one of the largest marketplaces on the internet for "buying and selling all things automotive" including cars, parts and accessories.

The site, which connects millions of buyers and sellers, has an extensive inventory from luxury vehicles to classic cars to motorcycles and more.

EBay Motors' has 167 million active buyers, and it's growing every day. Every five minutes, a car or truck is purchased via mobile; an ATV, snowmobile or personal watercraft part or accessory is sold every 19 seconds; and a vintage car/truck part is sold every 11 seconds.

Sellers pay a listing fee, as well as a final value fee, calculated on the total amount of the sale.

The site has partnered with WeGoLook so vehicle shoppers can get on-site inspections for any car, motorcycle, RV, powersport vehicle or boat in the U.S., for $69 per inspection.

They also offer extended service contracts for new and used parts and accessories, and eBay Motors' Vehicle Purchase Protection covers up to $100,000 for vehicle nondelivery, missing title or major undisclosed defects. Buyers are automatically enrolled in the program at no charge.

*5miles

Every day, about 5,000 cars are listed on 5miles, a mobile marketplace, which has over 10 million users and over $250 million a month in peer-to-peer transactions. Each day, more than 1,700 cars are sold on the app, as well.

The concept of 5miles is Craigslist-meets-Instagram. The company helps active buyers find the vehicles they're looking for within 5 miles of their neighborhoods.

In two years, 5miles, which is free for buyers and sellers, has built an online market of nearly 10,000 independent auto dealers who use 5miles as a virtual storefront for their car and motorcycle inventory.

*EVERYTHING BUT THE HOUSE (EBTH)

This site is a fit for buyers looking for exclusive vehicles. It describes itself as a "premier online personal property and estate sale service provider."

Bidding prices start at $1 with no premiums and no reserves.

Vehicles sold on the site have included a polo white 1954 Chevy Corvette convertible, an ivy green 1965 Ford Mustang convertible with low mileage and a 2014 Cadillac 2.0LTurbo CTS 4 all-wheel drive sedan.

*Instamotor

Instamotor, a free community marketplace, connects used car buyers and sellers without any middlemen, commissions or transaction fees.

Buyers use the app to create listings quickly and easily. Then buyers and sellers negotiate deals on their own. Sellers can get financing through the app from one of the company's financing partners.

Vehicles are only listed after Instamotor's fraud and safety team performs a multistep verification check. Each vehicle comes with a free history from Experian's AutoCheck.

*Carjojo

Carjojo prides itself as the first company to have data on every new car for sale in the United States. That means it's analyzing 3.5 million listings daily. The company's goal? To figure out the lowest price a dealer will accept for a car on its lot.

Potential buyers can narrow down their searches by make, model and features. Then, for $199, Carjojo will negotiate the purchase for a buyer on any car that meets the buyer's criteria.

But buyers don't have to use Carjojo's negotiation service. Instead, they can use the free listing information to negotiate their own deals.

Unlike other car buying and selling sites, Carjojo doesn't require car dealers to pay to be a part of its system. Instead, they display every car in the buyer's area that meets the buyer's criteria, regardless of the dealer selling the vehicle.

*CarGurus

As one of the most trafficked automobile shopping websites in the U.S., with over 23 million unique monthly visitors, CarGurus helps car buyers peruse local listings.

The site was co-founded by TripAdvisor's Langley Steinert with a mission to bring transparency to auto shopping just like he did with hotels and travel.

Instant Market Value, one of their popular tools, estimates the fair retail price for a vehicle by analyzing make, model and the vehicle's history, mileage and options. IMV can help consumers decide whether the car or truck they are researching is really a good deal.

Buyers start by plugging in their ZIP code to check nearby listings for the vehicle they want. Next, the CarGurus show which listings are great deals and which ones should be avoided. Shoppers are then invited to contact the seller to start negotiating the deal.

CarGurus also has a free tool for owners to figure out pricing and sell their car.

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