TrueAuto protects sellers during the transaction process by providing a secure escrow service for all transactions. An escrow service ensures the buyer is verified and has sufficient funds for the transaction, while providing a neutral third-party to mediate if disputes arise about the vehicle’s condition or terms of sale. These measures collectively provide a framework that minimizes the risk of fraud, non-payment, and other transaction disputes for the seller.
An escrow service in car transactions acts as a neutral intermediary, holding funds and documents securely until all conditions of the sale are met. It ensures a safe and secure transaction for both the buyer and seller by verifying payments, handling paperwork, and facilitating the transfer of ownership once all requirements are fulfilled. Read More: https://www.escrow.com/what-is-escrow
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