Frequently Asked Questions

How does Topmarq save me money?

Topmarq saves both the buyers and sellers money by removing the reseller component that is often included in used car sales. Rather than have a car go from seller to dealer to auction to dealer to buyer, Topmarq allows the car to go straight from seller to buyer. Those savings are passed along to both parties.

What does selling a car privately mean?

Selling a used car privately refers to when an owner sells their vehicle directly to another end-user of the vehicle. This is often the alternative to selling a vehicle to a dealer. Our article of dealers vs. private sellers goes into detail.

What kinds of cars do you list?

We focus on Luxe vehicles that include well spec’d european vehicles, sports cars, luxury trucks, exotics, and collector vehicles. Roughly, if the list price is more than $25-30k your vehicle probably sits within this group.

How does escrow protect car buyers?

An escrow is a financial structure where a trusted third party holds and regulates payment of funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in a secure escrow account which is only released when all of the terms of an agreement are met as overseen by the escrow company. This helps protect car buyers by ensuring that their hard earned cash doesn't get released to the seller until the vehicle is confirmed to be transferred.

Rather than rely on tribal knowledge of how best to avoid scams or illegitimate sellers on other car websites, Topmarq allows buyers to rely on tried and true financial systems that are used to secure all sorts of high value item purchases from watches to houses.

How do we know Topmarq escrow is safe?

Our mission at Tomparq is to make private used car buying so easy everyone can do it. One of the key pieces of that is to ensure that every transaction is secure. That's why we decided to implement Escrow.com's industry leading escrow system that has names like GoDaddy and Shopify as partners.

About Escrow.com

Escrow.com is headquarted in California and is licensed, bonded and regularly audited. As the world’s leading provider of online escrow services, Escrow.com are pioneers in their industry. The company has more than 1.5 million customers and has transacted over $4.5 billion in payments. 

 

What is a pre-purchase inspection (PPI)?

A pre-purchase inspection is a key part of the used car buying process in which you enlist a qualified mechanic to do a complete review of the vehicle you’re considering buying. The purpose is to ensure that somehow who knows what to look for is inspecting the vehicle vs. just you armed with what you read on the internet. While some people like to think they can check a vehicle themselves, it’s completely reasonable to surrender that job to a professional. See our article on pre-purchase inspections for more.