eBay Unveils New Checkout Solution For Vehicle Transactions

Rhea-AI Summary

eBay (NASDAQ:EBAY) has launched Secure Purchase, a comprehensive digital solution for vehicle transactions on its platform. The new service streamlines the entire vehicle buying and selling process by managing payments, financing, registration, ownership transfer, and transport in a single interface.

The solution addresses a critical need, as nearly 80% of eBay's vehicle transactions in 2024 occurred across state lines. Secure Purchase includes identity verification for both parties, automated paperwork processing, digital fund transfers, and independent verification of vehicle documentation through national databases.

This initiative complements eBay's existing automotive services like eBay Guaranteed Fit and Tire Installation, reinforcing the company's commitment to enhancing the vehicle ownership experience.

Positive

• Streamlines complex vehicle transactions by combining payment, financing, registration, and transport in one platform
• Addresses a significant market need with 80% of eBay vehicle transactions occurring across state lines
• Reduces fraud risk through buyer/seller verification and independent document validation
• Eliminates DMV visits through automated paperwork processing

Negative

• Implementation success depends on third-party service provider Caramel Dealer Services
• May face competition from existing digital automotive marketplace solutions

Secure Purchase offers a trusted, seamless digital experience that makes buying and selling cars, trucks and motorcycles online more convenient

SAN JOSE, Calif., July 29, 2025 /PRNewswire/ -- Today, eBay, the marketplace with thousands of vehicles and millions of parts and accessories available every day, announces Secure Purchase – a solution that simplifies vehicle transactions by managing payment, financing, registration, ownership transfer, and transport in one simple experience. From daily drivers to rare restoration projects, it is easier than ever to buy and sell vehicles on eBay.

"Online automotive shopping offers unmatched selection and value, but it can be overwhelming for some buyers," said Jesse Kiefer, General Manager of Vehicles at eBay. "Secure Purchase removes complexity and adds an extra layer of assurance for users on the marketplace. Shoppers can find exactly the vehicle they want at the right price from anywhere in the U.S., while sellers can close deals with complete confidence. And there's no visit to the DMV."

Vehicle transactions can be complicated, especially when they cross state lines. Notably, nearly 80% of purchases on eBay in 2024 involved buyers and sellers in different states.¹ Now, with Secure Purchase, both the seller and buyer are verified, paperwork is automated and funds are digital and traceable. Here's how it works:  

• Start the checkout: Both the buyer and seller verify their identity and provide basic information about the vehicle being purchased.
  
  
• Opt into services: The buyer can select their financing, transportation, protection and insurance preferences in a few clicks.
  
  
• Submit key information: The seller uploads photos of the title, VIN and odometer reading, all of which are independently verified through national vehicle title databases to ensure accuracy.
  
  
• Payment and signature: The buyer and seller digitally sign the required documents, then transfer funds through the platform to initiate registration and title transfer.

In the face of ongoing affordability concerns, consumers are turning to marketplaces for high-quality preowned goods, especially big-ticket items like cars or trucks. Along with its wide selection, eBay is offering new tools and services to help people discover the inventory they need at incredible value. Secure Purchase, and programs like eBay Guaranteed Fit and Tire Installation, reinforce the platform's commitment to making every step of the vehicle ownership journey better - from discovery and delivery, to maintenance and upgrades.

Shop thousands of vehicles at ebaymotors.com and learn about the program at ebay.com/secure-purchase. For more on the latest offerings, follow @ebaymotors on Instagram, and @ebay on YouTube and Facebook.

¹ According to 2024 eBay U.S. vehicle transaction data

Secure Purchase is powered by the services of Caramel Dealer Services, LLC

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SOURCE eBay Inc.

FAQ

What is eBay's new Secure Purchase solution for vehicles?

eBay's Secure Purchase is a digital solution that manages vehicle transactions by handling payment, financing, registration, ownership transfer, and transport in one integrated experience. It includes identity verification and automated paperwork processing.

How does eBay's Secure Purchase vehicle checkout work?

The process involves four main steps: 1) Buyer and seller verification, 2) Selection of financing and transportation services, 3) Upload and verification of vehicle documentation (title, VIN, odometer), and 4) Digital document signing and fund transfer.

What percentage of eBay vehicle transactions are interstate?

According to eBay's 2024 U.S. vehicle transaction data, nearly 80% of vehicle purchases involved buyers and sellers from different states.

What services are included in eBay's Secure Purchase for vehicles?

Secure Purchase includes payment processing, financing options, vehicle registration, ownership transfer, transport arrangements, identity verification, and automated paperwork processing.

Who powers eBay's Secure Purchase vehicle transaction platform?

eBay's Secure Purchase is powered by Caramel Dealer Services, LLC, which provides the underlying services for the platform.