Finance eBay Motors Purchase Online

eBay announced an agreement with E-Loan today that allows buyers to quickly finance an automobile or motorcycle purchase at eBay Motors. You must make $18,000 or more per year, and live in the United States. They will finance amounts between $2,500 and $100,000 and from what they say have rates better than banks or credit unions. Loan processing is handled in under 24 hours.

If it's everything they say it is, it could be a boon for eBay Motors. Financing was always the part that was a hassle.