MyVehicle.com sold for $105,000, and the transaction was completed by renting first and buying later

Industry News
17 May 2025 10:52:34 AM
By:DN editor
The domain name MyVehicle.com was recently sold for $105,000. Hiren M. Patel shared the story behind the deal.

The domain name MyVehicle.com was recently successfully sold for $105,000. Hiren M. Patel shared the story behind this transaction on the X platform, which not only showed the trust and persistence in the transaction, but also once again attracted the industry's attention to the "rent first and buy later" model.

MyVehicle.com sold for $105,000, and the transaction was completed by renting first and buying later

The domain name was first acquired through the NameJet auction platform in 2018. Although there were buyers who contacted him later, it was not until the 2020 epidemic that a buyer who had been out of contact expressed interest again. Considering the economic environment at the time, Hiren adhered to the concept of "helping customers find solutions" and reached a 60-month installment agreement with the other party to promote the transaction in the form of "rent first and buy later".

Despite the flexible setting of the agreement, the transaction process was still challenging-the buyer delayed payment many times in five years. As a rule, the seller could terminate the transaction and reclaim the domain name based on the escrow agreement. But out of trust and patience for cooperation, Hiren chose to give up the right to reclaim and adjusted the payment rhythm many times. In the end, the buyer completed all payments in 2025 and the transaction was successfully completed.

As high-value domain name transactions become more frequent, "rent first, buy later" is becoming a transaction path worthy of attention. It not only reduces the financial pressure of buyers, but also brings stable returns to sellers. It is a cooperation method that takes into account flexibility and practicality in the current market.

The completion of this transaction is not only a return of trust, but also the best annotation of long-term strategy. Congratulations to Hiren M. Patel for completing this significant transaction!

Help me generate a picture with a sci-fi background and car elements, with the domain name on top and the price on the bottom. The content is: MyVehicle.com sold for $105,000

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