Paying for auto transport is much more straightforward that it has ever been in the past, especially with the options that are now available online. However, while it is easier, there are also now numerous options to choose from and be aware of. Being aware of the different payment options that are available, as well as which one to choose is important but so is being aware of what payment options should NOT be chosen.
The following is an overview of paying for auto transport:
Upfront Cash Deposit
The majority of auto transport companies will accept an upfront deposit, usually paid by credit card or bank transfer. The remaining balance is paid after the vehicle has been successfully transported, usually in cash.
How much the deposit is will vary, and it depends on the auto transport company. Some will charge as little as 10%, while others can charge closer to 50%.
A deposit is done for mutual benefit, as you don’t have to pay the full cost unless you know the vehicle has been transported as advertised and without any complications, and the auto transport company doesn’t take the full risk of transporting the vehicle without any guarantee of payment.
Payment Upon Completion
Though it’s rare, some companies don’t charge an upfront deposit at all, as they instead accept the full amount of payment once the vehicle has been delivered. This used to not exist in the past, but the competitive nature of the auto transport industry has made this a possibility. You will still have to sign a contract agreement with the company though.
Payment Options to AVOID
Under no circumstances should you ever agree to either of the following two payment options:
- Full payment upfront
- A deposit that’s much larger than 50% of the total cost
Auto transport companies that try to charge the above two rates are most likely trying to scam you in some way, shape, or form. Never agree to it. If they offer you either of those, don’t even try to negotiate with them. Find another auto transport company.
When paying for auto transport, you will have the option of choosing from a myriad of payment types. The most common ones are:
- Credit card
- Debit card
- Bank Transfer
- Cash in hand
Keep in mind that if you choose to pay by check, it’ll often result in a delay, as the vast majority of auto transport companies won’t ship your vehicle until it clears. Paying by bank transfer also will result in a similar delay.
You can often pay over the phone or by filling out an online form. If the auto transport company’s office is close to you, you can always go there in person to pay. Always get clarification on how you need to make the final payment upon delivery.
A-1 Auto Transport offers multiple forms of payment and will gladly answer your questions regarding your payment. We pride ourselves on our flexibility. Contact us today for a free quote!