Premium Cars

Step by Step Process of How it Works

1. The parties enter into the Escrow Agreement - Either the Buyer or Seller begins a transaction. After registering at Premium Cars, all parties agree to the terms of the transaction.
2. After receiving and signing the Bill of Sale, an Invoice will follow with instructions on how to send and confirm the payment. The Buyer submits the payment using the approved method to our secure Escrow Account. Premium Cars verifies the payment, the Seller is notified that funds have been secured 'In Escrow'.
3. Premium Cars ships the product to the Buyer - Upon payment verification, the Premium Cars shipping department is authorized to send the product and submit tracking information. Premium Cars verifies that the Buyer receives the product.
4. Buyer accepts product - When the buyer receives the product, they have a number of days equal to the agreed-upon inspection period to inspect the product. If the product meets the requisite standard, the buyer informs Premium Cars they have accepted the product. The predefined condition of the Sale & Purchase agreement is fulfilled.
5. The buyer sends the required release notice to the Escrow Department.
6. Premium Cars pays the Seller - Premium Cars releases funds to the Seller from the Escrow Account.

Shipping & Inspection Policy

We usually ship with our own forwarding services. According to Premium Cars selling policy, when using our own forwarding services, shipping fees are Seller's liability and will be deducted from the selling price. If we store it, then it means we can ship it.

Local inspections (viewing) are accepted only prior to having an active transaction in progress and based on a settled appointment. Customers must understand that an inspection appointment involves special processes (i.e. Stuff to answer questions, Technical Team assistance, equipment required for such processes, etc.) To schedule an inspection appointment, please contact us.

Payment Policy

The payment instructions will be provided on the Invoice
The Invoice will contain transaction information and further instructions on how to complete the payment.
We accent Debit/Credit Card, Bank transfers and Paypal for payments.

• Bank Transfers are immediate, reliable, and safe.
• Bank Transfer offers security as both parties (Sender & Recipient) are automatically verified and identified by the Bank institution in the funds transfer process. To open a Bank account, the Bank institution will require Identity verification and proof of address. Legal institutions are involved in the verification process and that makes any transaction safer.
• Debit/Credit Card - They're faster than writing a check and are widely accepted by retailers. With credit cards, you have the buyer's protection for your purchases.