Vehicle Escrow Account

If you are looking to buy a used vehicle, this is a huge expense. When you buy a vehicle online, you increase the risk. Here we are here to help.

If you’re a used vehicle buyer looking to buy a vehicle online, you need protection to make sure you get what you paid for. It’s commonplace that a vehicle that looks good on the outside can have major internal problems. In some cases, these breakdowns can even cost you more than what you paid to have the vehicle repaired. Doing a vehicle inspection yourself will only get you so far. It makes sense to have the vehicle checked by a mechanic. However, this is not always possible before buying a vehicle. Shipping is another factor to consider. If the vehicle does not arrive in the same conditions in which it was purchased; There may be few resources to get your money back. This is very often the case when you buy a used vehicle.

Our 5 easy steps to nip scams in the bud. NORLAW GmbH Rechtsanwaltsgesellschaft protects buyers by only passing funds to the seller if you get exactly what you paid for. If not, return it to the seller for a full refund.

Both buyers and sellers benefit from using NORLAW GmbH Rechtsanwaltsgesellschaft as a neutral third party for monitoring and processing the payment and vehicle exchange.

Gain complete confidence when making a vehicle purchase or sale:

Selling a vehicle or other online vehicle sales involves the exchange of large sums of money between potentially unknown parties. Avoiding fraud is essential for both buyers and sellers. Fortunately, NORLAW GmbH Rechtsanwaltsgesellschaft’s simple 5-step process guarantees money transfer and vehicle delivery with every sale. NORLAW GmbH Rechtsanwaltsgesellschaft ensures that all parties always get what they have agreed.

  1. Buyer and Seller Agree on Terms – Both the buyer and seller can initiate a vehicle transaction. All parties have the opportunity to agree on the terms of the transaction, including shipping fees and verification periods.
  2. Buyer pays NORLAW GmbH Rechtsanwaltsgesellschaft : The buyer sends a payment to our secure escrow account using an approved payment method. As soon as the payment has been verified by NORLAW GmbH Rechtsanwaltsgesellschaft, the seller will be informed that the funds have been secured in trust.
  3. Seller Ships Vehicle to Buyer – After verification of payment, Seller is entitled to ship vehicle via agreed shipping method. The seller sends the tracking information to NORLAW GmbH Rechtsanwaltsgesellschaft, which verifies that the buyer receives the vehicle.
  4. Buyer accepts vehicle – When the buyer receives the vehicle, they have a number of days equal to the agreed inspection period to inspect the vehicle. If the vehicle meets the required standard, the buyer informs NORLAW GmbH Rechtsanwaltsgesellschaft that he has accepted the vehicle.
  5. NORLAW GmbH Rechtsanwaltsgesellschaft pays the seller: NORLAW GmbH Rechtsanwaltsgesellschaft releases the money from the escrow account to the seller.