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Out of country buyers

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Old 04-03-2010 | 12:45 AM
  #16  
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1pcarnut
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From: Sandy Eggo, Ca
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Originally Posted by M Fig
Don't deal with the out of country buyer...I'll buy your car. Apparently I just came into $15,000,000 from an inheritance of a relative I didn't even know I had...I only need to send $1000 to collect...as soon as I get my money, I'll send you a check
Hey that's great, congratulations. I'm sure your money will be arriving very soon.
Old 04-03-2010 | 10:15 AM
  #17  
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I am located in Germany currently, have bought 2 993s since last April and I am looking for the 3rd one now
I did not wire the funds directly to the seller in both cases. I wired the money to a buddy in the States and he took care of the rest for me.
I know at least 2 buyers here in Europe who got burned, wired the funds to the seller's bank account and have never heard back anything from the sellers.
What would be your advise to a buyer from Europe? wire the funds and trust the seller, potentially never receive the car nor the money?
I think I would not have a problem to wire the money to a car dealer with reputations but to a private party?!?!
The best thing is just book the next flight and spend a day or 2 in the States, see the car and pay it in cash or wire as long as you are there. You can get a flight for less than $700-800 these days from Europe to the states.
Old 04-03-2010 | 11:28 AM
  #18  
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I would be very uncomfortable selling my car to anyone who has not made an effort to see my car in person. How do they know I'm selling them a good car. Works both ways.
Meet the buyer, show them your car, take their cash.
Old 04-03-2010 | 11:41 AM
  #19  
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From: Boston Area
Default Recent transaction with Germany

I recently sold a car to a guy named Tom F. from Germany.
He responded to my PCA ad, asked all the right questions and within 2 days he flew to Boston to see the car.
I picked him up at the airport and he spent 2+ hours going over the car.
Struck a deal with a handshake and drove him to the airport.
Money arrived into my account a few days later which I then moved to a different Bank.
Title then sent to his transport company.
He arranged pickup and transport of the car.
He spoke of never buying a car he has not seen in person or meeting the owner.

I will comment that one of the most important things to him was having ALL the documentation.
Warranty book with dealer stamps, original window stickers, all service receipts and even the radio owners guide were important to him.
He said "Americans don't really understand how important these documents are"
There are some honest buyers out there, just be careful and get the person's ID and or Passport info BEFORE you take them to your car.
Good Luck with your sale
Old 04-03-2010 | 12:11 PM
  #20  
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I will comment that one of the most important things to him was having ALL the documentation.
Warranty book with dealer stamps, original window stickers, all service receipts and even the radio owners guide were important to him.
Absolutely. I was looking for the same things when buying my car, so obviously I would expect any buyer looking to buy my car to do the same.
At the very least they should express an interest in looking at the vehicle as photos mean nothing.
Old 04-03-2010 | 12:46 PM
  #21  
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What would be your advice to a buyer from Europe...Shahram
You can also retain a lawyer to act as an escrow agent. A colleague of mine has done this, and advised me that it was not expensive.

As for bank drafts, my bank waits two weeks for out-of-province ones to clear, and a month, for out-of-country ones.




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