Buyer Questions
What is a Commitment Deposit?
The Commitment Deposit is a fee paid to demonstrate serious intent to purchase. It temporarily reserves the vehicle while buyer and seller complete the transaction.
Does the Commitment Deposit go toward the vehicle price?
No. The Commitment Deposit is separate from the vehicle’s asking price and is paid in addition to the final purchase amount.
What happens after I place a Commitment Deposit?
- Deposit placed
- Contact information exchanged
- Vehicle marked as pending
- Buyer has 7 days to complete payment
How long do I have to complete the purchase?
Buyers are expected to complete full payment within 7 days of their offer being accepted or deposit being placed.
Is the Commitment Deposit refundable?
The Commitment Deposit is refundable if the seller backs out. It's non-refundable if the buyer backs out or misses the deadline.
What if the seller backs out?
If the seller fails to move forward after accepting an offer, the buyer’s Commitment Deposit is fully refunded.
What if I decide not to proceed after placing a deposit?
If a buyer chooses not to move forward after placing a Commitment Deposit, the deposit is non-refundable.
Can I inspect the vehicle before final payment?
Yes. Buyers are encouraged to ask questions, request documentation, and coordinate inspections directly with the seller after contact details are exchanged.
Who handles payment and paperwork?
Street Car Market does not handle vehicle payments or paperwork. All final payment and title transfer is completed directly between buyer and seller.
Why is there a buyer fee at all?
The buyer fee helps ensure listings are serious, reduces time-wasters, and gives buyers access to verified, actively managed listings.