Vehicle escrow offers a secure mechanism for buying and selling any kind of vehicle online or directly, person to person. The vehicle escrow form lists a number of information fields when specifying the details of the vehicle you want to buy or sell.
- Manufacturer make
- Model name
- Year manufactured
Engine and VIN number, Odometer reading, license expiry date, country of registration, province of registration, additional notes.
E-Escrow allows you to define your own terms and conditions for the transaction. The terms specified in an escrow transaction is very important as it will most likely determine the outcome of the mediation in the event of a dispute.
The Envisionit E-Escrow process for vehicle transactions
Start a secure transaction
Specify transaction items / service
Create transaction terms
Agree the transaction terms
The buyer transfers the transaction value to Envisionit E-Escrow
The seller delivers / ships the goods or provides the service
The buyer accepts and verifies the goods / service provided
Envisionit E-Escrow releases payment to the seller and / or agent.
|Information Field Name||Information Provided|
|Model name||Polo 1.6 Trendline|
|Notes||Flash red (non metalic), aluminium rims (scratch and dent free),|
|Information field name||Information provided|
|Model name||Sea-doo GTX|
Envisionit E-Escrow fees for vehicle transactions
E-Escrow charges a fee for securing your transaction. The E-Escrow fee is deducted from the funds in trust and is either payable by one or a combination of the parties. For example, the parties may decide that the buyer, seller or agent will pay the E-Escrow fees or the E-Escrow fee may be split between the parties. You can find a detailed explanation of our fee structure here.