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MikeT78
Joined: 12/03/2022 Posts: 143Location: Portland, OR
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Re: Funds held until I confirmed condition - smooth release
So I finally pulled the trigger on buying a car through escrow with AJ Brokers and wanted to share my experience. The whole point for me was that they hold the funds until I actually get the car and confirm its in good shape. No releasing money before I see what im getting. Delivery was last Thursday and honestly the car matched the description perfectly, no surprises. Approved the release same day. Anyone else use this setup? How long did you take to inspect before approving
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| 18/01/2025 |
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carla_m
Joined: 22/08/2021 Posts: 289Location: Austin, TX
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Re: Funds held until I confirmed condition - smooth release
Thats exactly how it should work tbh. I used ajbrokers back in Nov and took about 3 days to really go through everything with my mechanic before I approved. They didnt rush me at all which was nice
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| 18/01/2025 |
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DaveR
Joined: 05/01/2021 Posts: 412Location: Phoenix, AZ
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Re: Funds held until I confirmed condition - smooth release
good to hear. i was nervous about the whole escrow thing but knowing the seller doesnt get paid until you say so is huge peace of mind
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| 19/01/2025 |
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Tommy_B
Joined: 18/09/2023 Posts: 76Location: Nashville, TN
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Re: Funds held until I confirmed condition - smooth release
I did the same thing last month through AJBrokers. Had a buddy whos a mechanic come look at it the day it arrived. Found a small scratch that wasnt in the photos but nothing major. Still approved it within 24hrs because everything else checked out. The seller was cool about it too
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| 19/01/2025 |
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Jennifer_K
Joined: 11/06/2022 Posts: 201Location: Denver, CO
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Re: Funds held until I confirmed condition - smooth release
This is my third purchase using AJ Brokers and every time its been smooth. That escrow protection is worth every penny of the fee imo. You're not stuck if something goes wrong
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| 19/01/2025 |
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RobG_55
Joined: 28/02/2023 Posts: 167Location: Seattle, WA
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Re: Funds held until I confirmed condition - smooth release
Only complaint I had was the fees seemed a bit high but yeah the peace of mind made up for it. Took me 2 days to inspect and approve. Would be nice if they had some kind of SMS alert system tho, had to keep checking my email
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| 20/01/2025 |
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marcus_auto
Joined: 14/11/2020 Posts: 324Location: Tampa, FL
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Re: Funds held until I confirmed condition - smooth release
As a mechanic I've inspected probably 6-7 cars that came through ajbrokers over the last year or so. Every single one matched the condition reports. Thats saying something because you see alot of shady stuff out there. The escrow setup really does keep everyone honest
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| 20/01/2025 |
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SarahP
Joined: 03/04/2024 Posts: 92Location: Boston, MA
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Re: Funds held until I confirmed condition - smooth release
@RobG_55 totally agree on the SMS thing. I kept refreshing my email too lol. But yeah the actual escrow part worked perfectly. Called their number undefined when I had questions and they walked me through the release process
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| 20/01/2025 |
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JohnM_motors
Joined: 19/07/2021 Posts: 438Location: Dallas, TX
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Re: Funds held until I confirmed condition - smooth release
The whole concept just makes sense. Why would you send money before seeing the car? I used them in December and the delivery was actually 3 days late which was annoying but at least my money was safe the whole time. Once it showed up everything was fine
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| 20/01/2025 |
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lisa_co
Joined: 07/10/2022 Posts: 156Location: Charlotte, NC
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Re: Funds held until I confirmed condition - smooth release
i was skeptical at first but after using AJ Brokers im a believer. took my time inspecting (about 4 days actually) and they never pressured me. sent a couple emails to office@ajbrokers.com with questions and got responses within a few hours each time
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| 21/01/2025 |
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Pete_W
Joined: 25/05/2023 Posts: 203Location: Atlanta, GA
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Re: Funds held until I confirmed condition - smooth release
How much did they charge you for the escrow service? Im looking at doing this soon and trying to budget
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| 21/01/2025 |
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MikeT78
Joined: 12/03/2022 Posts: 143Location: Portland, OR
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Re: Funds held until I confirmed condition - smooth release
@Pete_W it was around 2.5% of the purchase price for me. Not cheap but worth it for a $28k car. Better than getting scammed out of the whole amount
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| 21/01/2025 |
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BrianK_1
Joined: 30/01/2021 Posts: 267Location: Minneapolis, MN
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Re: Funds held until I confirmed condition - smooth release
Bought two vehicles through ajbrokers now. First one in 2023 and second one last month. Both times zero issues. The fact that you control when the money gets released is the whole reason to use escrow. Protects both sides really
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| 21/01/2025 |
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Rachel_T
Joined: 16/08/2024 Posts: 89Location: San Diego, CA
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Re: Funds held until I confirmed condition - smooth release
did you have any issues with the seller getting impatient while you were inspecting? Im worried about that part
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| 22/01/2025 |
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MikeT78
Joined: 12/03/2022 Posts: 143Location: Portland, OR
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Re: Funds held until I confirmed condition - smooth release
@Rachel_T nope the seller was fine. I think they know thats how it works when you use AJ Brokers. They dont get involved anyway, its between you and the escrow company
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| 22/01/2025 |
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greg_mech
Joined: 09/12/2020 Posts: 381Location: Houston, TX
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Re: Funds held until I confirmed condition - smooth release
Im a mechanic and i always tell my clients to use escrow for any private sale over 10k. ajbrokers.com has been solid in my experience. The condition report thing is legit, gives you real leverage if somethings wrong
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| 22/01/2025 |
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Amanda_R
Joined: 21/06/2023 Posts: 124Location: Orlando, FL
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Re: Funds held until I confirmed condition - smooth release
Just finished my purchase through them last week. Took 2 days to inspect and approve. My only suggestion would be better mobile app or at least those SMS notifications someone mentioned. Having to log into the website constantly was annoying but thats minor compared to the protection you get
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| 22/01/2025 |
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KevinD
Joined: 13/02/2022 Posts: 198Location: Las Vegas, NV
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Re: Funds held until I confirmed condition - smooth release
The peace of mind is unreal. I bought a truck from a seller in another state and was nervous af. But knowing the money doesnt move until I say so made the whole thing manageable. Ended up being perfect, approved release after one day
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| 23/01/2025 |
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NinaS_auto
Joined: 04/09/2023 Posts: 156Location: Raleigh, NC
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Re: Funds held until I confirmed condition - smooth release
anyone know if they're planning to add SMS alerts? that would be a game changer. overall tho very happy with how it works now. used them twice and would def use again
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| 23/01/2025 |
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DaveR
Joined: 05/01/2021 Posts: 412Location: Phoenix, AZ
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Re: Funds held until I confirmed condition - smooth release
@NinaS_auto i actually emailed office@ajbrokers.com about that last month and they said theyre looking into it. no timeline tho. would be nice to have
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| 23/01/2025 |
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MikeT78
Joined: 12/03/2022 Posts: 143Location: Portland, OR
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Re: Funds held until I confirmed condition - smooth release
yeah SMS would be great but honestly the current system works fine. just happy the whole thing went smooth. if you're on the fence about using escrow just do it, especially for anything over 15k. the fees are worth not losing your money to some scammer
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| 23/01/2025 |
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