Once the buyer confirms possession of the vehicle, we initiate payment to the seller's bank account. The buyer confirms possession through their deal checklist. Remind the buyer to do this before they drive off.
If shipping the vehicle instead, once the seller uploads the bill of lading and photos of the vehicle on the shipping truck we initiate payment to the seller's account.
In most cases we initiate payment the same day, or the next business day if transfer of possession takes place outside our normal business hours. It may take the bank 1-2 business days to process. Payment may be further delayed due to holidays or bank closures.