Ebay offers to cover losses for buyers of cars on Ebay Motors
July 8, 2007
The ebay feedback system seems to work fairly well as a sign of trust for buyers and sellers on ebay.
But for high ticket items like cars, the average person doesn’t sell a car a day, so they aren’t likely to have a high feedback rating from this activity.
Ebay Motors offers to cover a buyer’s losses up to a certain threshold if their purchase turns out to be fraudulent or where the buyer has engaged in some dishonest misrepresentation to the degree to which the buyer suffers a loss. This is likely to offer some solace to buyers who are concerned that they may be scammed by a disreputable seller.