While “aggressive” dealers still pursue inventory sales on eBay Motors, private-party financing through the online retailer remains dim, experts say.
The company’s platform for buying and selling vehicles — ebay Motors — which currently hosts more than 30,000 automotive dealers, also provides a financing channel for buyers, dubbed the Financing Center. Through the center, buyers can access the “top national lenders” and obtain loans for their purchase, the company said. “For buyers, the Financing Center is designed to make the buying experience safer and faster by connecting buyers with quality lenders that meet buyers’ specific needs,” according to a company statement. “Sellers benefit from more bidding, and more qualified buyers.”
