Can Cargurus act as an escrow?

Asked by Rick Oct 22, 2020 at 01:44 PM

Question type: Car Selling & Trading In

I have a potential buyer  who needs a bit more time to raise all the money
needed to purchase my car. Could he deposit what he has and it be held
towards the car purchase. If he defaults, does not buy the car for any reason,
he would lose some of his deposit. The amount to be agreed upon prior.

2 Answers

33,080

I doubt it but email, user_support@cargurus.com and see what they say.

Your Answer:

Own this car?

Share your experience with others.

Resources

CarGurus Experts

  • #1
    Ed92626
    Reputation
    4,550
  • #2
    Bob Beaman
    Reputation
    2,790
  • #3
    Js08016
    Reputation
    2,690
View All

Know more, shop wisely

Search

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.