DealNow Frequently Asked Questions
What is DealNow?
DealNow is the safe and simple way to avoid fraud, sign documents and instantly transact any vehicle online. Experience escrow-like safeguards without the middleman.
How much does it cost to use DealNow?
The closing fee is $150, only paid when the sale is completed. The closing fee can be paid by buyer, seller, or split payment. Optional services are available that carry an additional cost.
How long does the transaction take?
Once buyer funds are in their DealNow account, the transaction can be completed in under 60 seconds!
How is DealNow different from other payment services?
Most payment services, specifically those built for vehicle transactions, operate like a traditional escrow service. They have people behind the scenes managing money, title, and other parts of the transaction. DealNow is 100% tech-driven which provides a quick and seamless way to transact a vehicle.
We are also the only service that cross-references 7 different sources to help buyers and sellers of any vehicle type avoid fraud.
Where is DealNow available?
DealNow is available in all 50 states of the US. It is not currently available internationally.
Do you provide a bill of sale?
Yes! DealNow provides a bill of sale unique to each state and unique to each vehicle type. Both parties can electronically sign the bill of sale as part of the transaction process, and can download it to save for reference later.
How do you verify the buyer’s and seller’s identities?
DealNow uses driver’s license and facial recognition technology to verify the identities of both parties. It also checks that the cell phone records to ensure no burners or SIM swaps have occurred.
How do you verify a vehicle?
Ways to verify a vehicle include vehicle history reports, inspections, and title checks, all available as optional services in the app.
How do you verify and transfer the title?
When you add the title check service to the deal, we check various data points on the title and cross-reference them with the state DMV. For peer-to-peer deals, most title transfers happen in person. However, we have a full title and registration service option coming soon.
Can I use DealNow for any type of vehicle?
Yes! DealNow can be used for cars, trucks, motorcycles, ATVs, RVs, boats, trailers, and even heavy equipment.
I live in a state with no sales tax for private-party sales. Is using DealNow considered a private-party sale?
Yes! Since we only provide a way for payment to transfer between buyer and seller and will not buying/reselling the vehicle, the sale maintains “private-party” status.
Can a dealer use DealNow?
We’re currently working on DealNow for dealers. To sign up for the beta, please fill out this form.
What other services are available in DealNow?
Additional services that can be added to the deal within DealNow include:
- Shipping
- Inspection
- Title check
- Title transfer & registration (coming soon)
- Insurance
- Vehicle protection
- Financing