Today, eBay announced a pilot program with Vroom, the largest online pre-owned car retailer, that enables Vroom to make formal cash offers to purchase vehicles from selected private sellers on eBay.
“eBay continues to enhance its vehicles marketplace by connecting sellers to a broader range of buyers. This pilot program is another channel for companies such as Vroom to source vehicles directly from private sellers.” said Tony Hoang, head of vehicles for eBay Motors North America. “The program also benefits our private sellers since it provides an additional trusted channel through which to receive a cash offer and conduct a safe and fast transaction.”
“We’re thrilled to partner with eBay to provide value for its users, in addition to helping us increase our inventory,” said Scott Chesrown, chief revenue officer at Vroom. “Many of the cars we sell are purchased from consumers before we fully refurbish them and sell them to Vroom customers, so we’re looking forward to adding cars from eBay Motors users to our inventory.”
The pilot will roll out in Q3 2016 for selected private sellers on eBay Motors. At launch, it will be limited to sellers who have not received or chosen to accept an offer for their vehicle at the end of the listing period. There are also certain eligibility conditions for the vehicle, related to age, mileage, and title.
About eBay Motors
eBay Motors (www.ebay.com/motors), a part of eBay (Nasdaq: EBAY), is one of the world’s largest online marketplaces for buying and selling all things automotive that couples both vehicles and parts and accessories. eBay empowers buyers' confidence through its trust & safety program along with a Vehicle Protection Program in North America (terms and conditions apply).
eBay Motors’ vibrant marketplace connects millions of buyers and sellers through great value and unique selection. All consumers, from everyday drivers to enthusiasts, can discover and purchase virtually any vehicle they want, including new and used inventory, from collector cars, to motorcycles, along with parts and accessories that they need to modify, repair, and personalize their rides.
Vroom empowers customers all over the country to save time, hassle and money by bringing all three aspects of the car buying process – buying, financing and selling – online in an easy, transparent and affordable way. Vroom offers thousands of high quality, refurbished, pre-owned vehicles with free delivery to customers’ doors nationwide. Vroom was founded by experienced tech startup veterans and automotive industry experts, and the company is based in New York and Dallas. The company operates the Vroom and Texas Direct Auto brands. For more information, visit Vroom.com.