Transacting a car or other vehicle online involves the exchange of large sums of money between potentially unknown parties. Avoiding fraud is an imperative for both buyers and sellers. Fortunately, Payment Exchange's simple 5-step process ensures money transfer and vehicle delivery with every sale. Payment Exchange will ensure every party receives what was agreed on, every time.
Both Buyers and Sellers benefit from using Payment Exchange as a neutral third party to monitor and transact the exchange of payment and vehicle.
The Buyer sends the agreed upon payment to Payment Exchange. After verifying funds, we alert the Seller to send the vehicle to the Buyer. Protected from fraudulent checks and money order scams, the Seller has peace of mind knowing funds are behind the Payment Exchange shield.
As the buyer, you get the confidence that the car or vehicle is exactly what you paid for. If it isn't, ship it back to the seller and we will refund your money, straight back to your wallet.
The low cost of our secure auto escrow service is paid by the Buyer, the Seller or shared between them.
|Vehicle Amount||Escrow Fee|
|$0-$5,000||3.25% ($10.00 minimum)|
|$5,000.01-$25,000||$162.50 + 0.26% of amount over $5,000|