Need info on buying vehicles on ebay

[aris_unlimited]

I am looking to buy a couple atv's from a lady and since she is in a different state than me she wants to do the process through ebay because of ebays vehicle buying protection plan. She told me that this is the way it would work

1. Buyer, seller reach an agreement (price and delivery conditions)2. Buyer sends money to eBay.3. eBay confirms to seller that the amount has been received.4. Seller performs the required services (shipping, insurance).5. Buyer accepts delivery and informs eBay about the acceptance.6. eBay releases the money to seller.

Is this basically true? I am just trying to make sure that I am protected on this since she is in a different state. Normally I wouldn't consider it, but it's a really good deal.