Load and Pay is an innovative internet platform for car sales, designed by the Mecanic Import team, specialist in classic cars for 25 years. Load and Pay ambition is to create a community of car lovers and to facilitate the exchange of information between sellers, buyers and the entire community. The cars for sale are offered for auction for a period of 7 days to 14 days if the value exceeds €100,000, during which everyone can bid. Reserve price fixed by the seller, car sold, the buyer makes arrangements with the seller to finalize the transaction and to retrieve the vehicle.
Simple, efficient, fast. For sellers, everything starts with the submission of a complete file including about fifty photos detailing the vehicle, information on the history and maintenance, all the elements that will allow the Load and Pay teams to validate or not the auction on the site. The price asked by the seller will be compared to the average market price and adjusted if necessary.
If the analysis of the file is positive, the car will be auctioned. If the reserve price is reached after 7 or 14 days, the buyer pays the 5% commission (capped at €5,000) to Load and Pay and then receives all the necessary details to contact the seller and finalize the transaction.
If you are a buyer, you have access to a huge community with a maximum of information about the car(s) you are interested in, far beyond what other auction platforms offer. Questions and requests for information are made in direct exchange with the seller of the car, a real plus that reinforces the Load and Pay community angle.
In order to be able to participate in the auction of a vehicle, 5% of the auction amount (including taxes but capped at €5,000) is put in reserve on your credit card. If a higher bid is made, this amount is immediately returned. If you win the auction, you will receive an invoice corresponding to the payment of this commission. Once the commission is paid, you will receive all the details that will allow you to contact the seller, finalize the transaction and organize the recovery of the vehicle. Transport costs will be charged to the buyer.
SELL A CAR
Provide information to email@example.com:
*Every car has a story! Tell us about it
*A lot of pictures
*In case of damage, describe correctly!
*Once approved, we will make the advertising
*7 days period auction
(14 days when the amount is higher than €100,000)
How it works
BUY A CAR
* Create an account
(Age 18+ and CreditCard verification needed)
*Search your dreamcar
*Ask questions directly to the seller
*Start bidding on running auctions.
* When applying a bid, a 5% commission on the total amount (capped at €5,000) will be blocked on your creditcard
(make sure this amount is available).
* If you win the auction, you will receive an invoice for the commission after a few moments.
*Seller will contact you for further instructions
Why sell a car @ loadandpay ?
*Woldwide advertising (social media, press)
*Cars selected and sorted by professionals
*Direct contact between seller and buyer
*No need to move your car
*If not sold, the only expense is €99 vat incl. (FREE until 1.09.2020)
*Reliable, discreet and fast
*Assistance from a professional team
Why Buy a car @ loadandpay ?
*Large choice of selected vehicles
*Direct contact with the seller
*Only 5% commission VAT incl. (capped at €5,000)
*Assistance of a professional team
*Clear description of the vehicles
*In case of problems, Load and Pay will always help finding a solution
If the car is sold for €25,000, Buyer will be charged of €1,250 (VAT included) by Load And Pay on his creditcard. Seller will receive €23,750 for his vehicle from the Buyer.
If the car is sold for €50,000 or more, Buyer will always be charged of €5,000 by Load And Pay because the commission is capped at €5,000 (VAT included). The buyer will pay the rest of the amount directly to the seller.