What payment methods does Caramel accept for buyers?

Caramel accepts three payment methods:

On all transactions, buyers can pay via wire transfer. This is a great option if you’re looking to pick up your car or have it transported quickly, as wires can clear as fast as the same day or the next business day. For transactions of $25,000 or more, payment via wire transfer is required.

For transactions up to $25,000, we also offer accelerated bank transfer options.   You connect your bank account, and we initiate the payment for you as soon as you sign your documents.

If your account qualifies, your payment clears right away, 24/7 (including weekends and holidays), allowing you or a transporter to get your car quickly.  The cost is 0.75% of the payment amount.

If your account does not qualify, the bank transfer takes 2 banking days to clear.  Faster than a standard bank transfer but slower than a wire transfer.    The cost in these cases is 0.4% of the payment amount.