question about car sale
#1
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When you guys sell a car and someone flys in to pick it up, how do you ensure the buyer (or seller) is not a crazy killer? I have seen people offer to pick up buyers at thee airport...this seems unsafe toe, but i understand you have to meet the buyer somewhere.
Also, do you expect the buyer to bring actual cash? Or is a bank check safe enough?
Thanks!
Also, do you expect the buyer to bring actual cash? Or is a bank check safe enough?
Thanks!
#2
Rennlist Member
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I paid for my car with a certified bank check. Seller brought it to his bank and the manager looked it over for possible issues. However, the check could not clear till the next business day, so there was some uncertainty for the seller. However, I helped by providing my DL, proof of insurance, and let him see some billing docs.
I'm now selling my bmw and would prefer to have a bank to bank wire.
I wouldn't worry about a person coming to the house. A car buyer doesn't seem to fit the wacko serial killer type. But you never know.
I'm now selling my bmw and would prefer to have a bank to bank wire.
I wouldn't worry about a person coming to the house. A car buyer doesn't seem to fit the wacko serial killer type. But you never know.
#4
Rennlist Member
#6
Rennlist Member
#7
Rennlist Member
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Have the local dealer broker it for you. Probably the best $400 or $500 spent...
Con artists are fantastic with fake certified cheques.
Con artists are fantastic with fake certified cheques.
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#8
Rennlist Member
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When you guys sell a car and someone flys in to pick it up, how do you ensure the buyer (or seller) is not a crazy killer? I have seen people offer to pick up buyers at thee airport...this seems unsafe toe, but i understand you have to meet the buyer somewhere.
Also, do you expect the buyer to bring actual cash? Or is a bank check safe enough?
Thanks!
Also, do you expect the buyer to bring actual cash? Or is a bank check safe enough?
Thanks!
#9
Three Wheelin'
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All the above is really good input and there is no reason to question any of it, but . . . When I sold my car I had several phone conversations with the buyer (who is a Board member) ironing out details, I knew where he lived, where he worked and he knew the same about me. Even so, he was rightly hesitant about handing over a large chunk of cash without the title/bill of sale. At a certain point it was just a leap of faith for me in trusting that his check was good (and this wasn't too stressful in that we had gotten to know each other). So, he flew in from out of State (with his wife), gave me a check (Cashiers I think but I don't recall) and I signed the car over. The whole transaction went very smoothly. I'm not suggesting this it even a remotely good way to do business but sometimes when buyer and seller get to know each other it does work out well.
#10
Nordschleife Master
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When you guys sell a car and someone flys in to pick it up, how do you ensure the buyer (or seller) is not a crazy killer? I have seen people offer to pick up buyers at thee airport...this seems unsafe toe, but i understand you have to meet the buyer somewhere.
Also, do you expect the buyer to bring actual cash? Or is a bank check safe enough?
Thanks!
Also, do you expect the buyer to bring actual cash? Or is a bank check safe enough?
Thanks!
#11
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When you guys sell a car and someone flys in to pick it up, how do you ensure the buyer (or seller) is not a crazy killer? I have seen people offer to pick up buyers at thee airport...this seems unsafe toe, but i understand you have to meet the buyer somewhere.
Also, do you expect the buyer to bring actual cash? Or is a bank check safe enough?
Thanks!
Also, do you expect the buyer to bring actual cash? Or is a bank check safe enough?
Thanks!
#12
Pro
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Usually when a person is serious enough to fly out and look at it, it's a safe bet. It's the local guys who wants to test drive it that I am worried. All good points provided already. Make sure it's a certified check and do all your paperwork at the bank. A con artist would not want to go anywhere close to a bank as they know there are cameras everywhere recording their every move.
I just sold my 997S locally and basically went through the same bank check process.
#13
Race Car
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Definitely pack heat.
I sold my Shelby GT500 to a private seller about 6 months ago. I agreed to meet at my house for him to look at the car. I also hid a loaded .45 near the car under a flag in the garage before he showed up. Had no issues. Talked a lot about the car, he was definitely an enthusiast. He put a deposit down right there and then paid cash a few weeks later. But you never know.
I sold my Shelby GT500 to a private seller about 6 months ago. I agreed to meet at my house for him to look at the car. I also hid a loaded .45 near the car under a flag in the garage before he showed up. Had no issues. Talked a lot about the car, he was definitely an enthusiast. He put a deposit down right there and then paid cash a few weeks later. But you never know.
#15
Rennlist Member
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I have bought and sold long distance, and I believe wire transfer is the best way to handle funding. Trust comes from communicating. I have met some wonderful people in the Porsche community, and have both picked up a buyer at the airport, as well as been picked up myself. It all starts on the phone.