It may strike some people as funny that a precocious three-year-old boy bought a $22,750 car from eBay, using his mother's account.
After the laughter, a stiffed seller still must repost the car and deal with eBay's lengthy Final Value Fee Credit process.
eBay protects buyers from fraudulent bidding, but offers little protection to sellers. A firm called Liquid Motors thinks it has the answer for vehicle deals gone bad online. Its Inquiry Response system can automatically start and finalize the dispute management process to receive Final Value Fee credit with eBay, saving automotive dealerships time and energy.
“Additionally, Liquid Motors starts the process of offering a second chance to previous bidders so that the car does not have to be reposted, saving additional money,” says company representative Nathan Rome. “Automotive dealerships can protect themselves, even from three-year-old children on eBay,” he says.