Selling a Vehicle Questions

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11/2/2018 9:59 AM

I currently have a car for sale on Craigslist, Facebook, Forums, etc. I am from Pennsylvania, and a gentleman is very interested in the car from North Dakota. He has arranged for shipping and we have just about all the details square for a deal. I sent him numerous pictures and gave a very detailed back story on the car, he is happy and I am happy. We are going to iron out payment details later tonight.

Anyway he wants pay through Escrow.com. For which I am personally not comfortable. I do not want a third party responsible for my money. I am worried he will make something up about the car and they will withhold the funds. I am certainly not signing a title out of my name without having cash in my account. Someone also suggested PayPal, but they have hefty fees. I also do not like how they always side with the buyer for disputes, the seller seems to always get hoses, even if they are in the right.

I have asked a few people, and they have used bank to bank transfers with good luck. A certified check is also an option, but even those can be faked now-a-days.

What would you guys recommend?

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Tomac and/or Anderson for 2020.....

11/2/2018 10:02 AM

Is there a company that can inspect the car and pay you at time of pickup? Taking you out of the loop as soon as it leaves your property.

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11/2/2018 10:08 AM

I don't know sounds fishy, I would just sell it local and get your cash in hand before anything....

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"Shifting gears and passing queers" GL

11/2/2018 10:22 AM

PayPal friends and family. He cant take the money back and no fees.
Some banks offer free bank to bank transfers, might be worth checking.
Tell him to buy a plane ticket, bring cash, drive it home.

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11/2/2018 10:26 AM

colintrax wrote:

PayPal friends and family. He cant take the money back and no fees.
Some banks offer free bank to bank transfers, might be ...more

Problem is it is an RX-7 with a hurt engine. He is buying the car for a project.

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Tomac and/or Anderson for 2020.....

11/2/2018 10:36 AM

I wouldn't go out of my way and be uncomfortable. The burden of taking the chance lies more on the buyer IMO.

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11/2/2018 10:46 AM

seth505 wrote:

I wouldn't go out of my way and be uncomfortable. The burden of taking the chance lies more on the buyer IMO.

While I agree. I do not trust third party services in the slightest. I have read a pile of bad stories about escrow.com. Signing away a title when the cash is physical not in my hand/account is what worries me most

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Tomac and/or Anderson for 2020.....

11/2/2018 10:51 AM
Edited Date/Time: 11/2/2018 11:02 AM

I’m a firm believer that if someone wants something, they’ll come get it. I don’t think a flight would cost that much. He gets to see the car in person and you get to do the transaction in person. Win-Win.

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11/2/2018 10:59 AM
Edited Date/Time: 11/2/2018 11:01 AM

Can you get quick payed with Zelle thru a bank account? I'm not sure how much protection there is there for you but it's basically a free wire transfer between banks. I've used it a lot with family/friends but just for splitting restaurant billa, etc.

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11/2/2018 11:18 AM

How much $ are we talking here ?

Have him send you a certified bank check / postal money order or cashiers check, tell him as soon as it clears you will release the car and title.

or like suggested bring cash and pick it up yourself

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11/2/2018 5:25 PM

A wise man once told me that if you take the extra time to make sure you can't lose, its hard to lose.........Only do what your comfortable doing and you'll sleep better. You hand me cash, then I give you a car that is exactly what I said it was and a clear title. No car or title leaves my yard without cash in my hand......hopefully you won't lose the deal.

I've bought stuff like this and if its sight unseen, then you better have trust. If things go bad he gets his money sent back to him in the mail..and you get to figure out how to get a vehicle back to you across the country by a guy who may or may not have already messed with it.

Ask me how I know.....wink

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11/2/2018 5:39 PM

Bob-- being in the biz,( in Pa)i've done over 100 out of state transactions. Obviously ,through the dealership is a little different than person to person, but I've done those too. Depending on the amount ,ask for payment in a US Postal service money order, or certified bank check. NEVER sign off and release the title until all the funds have properly cleared.

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11/2/2018 5:43 PM

What's the old saying, "In God we trust...all others pay cash".

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If it ain't yer's don't take it, If it ain't the truth dont say it, If it ain't right don't do it...Marcus Aurelius

11/2/2018 6:29 PM

Bank to bank wire transfers. I see the money you get the car.

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11/2/2018 7:32 PM

Did his first email say something like.. I am interested in the item you are selling?

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11/2/2018 7:47 PM
Edited Date/Time: 11/2/2018 8:07 PM

RonSkj wrote:

Did his first email say something like.. I am interested in the item you are selling?

Thanks for the advice guys. I am going to talk to a few people tomorrow and get a full plan together.

No, he actually called me and we talked RX-7's for a bit.

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Tomac and/or Anderson for 2020.....

11/3/2018 4:59 AM

Funds need to clear or cash in hand before you sign any title away.

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11/3/2018 6:01 AM

I shipped a bike once and was screwed. Was paid via friends and family on PayPal as I thought it would protect me as mentioned above. Wrong, the guys bank was able to get PayPal to pull the funds back after 4 weeks.

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11/3/2018 7:05 AM

Paypal is the go to sight for criminals, stay away from that.
I would think bank transfer is the safest. Even cashiers checks can be faked. If you go that route make sure your bank assures you the check has cleared on both ends.

I have sold numerous vehicles/bikes over the years and am very wary of fraudulent funds. Haven’t been screwed yet but it is a concern every time. I would say since he called and you talked cars he may be legit but you never know, scammers are getting pretty creative

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11/3/2018 11:31 AM

KennyT wrote:

Paypal is the go to sight for criminals, stay away from that.
I would think bank transfer is the safest. Even cashiers checks ...more

I agree with you 100%, a good scammer knows how to earn your trust. He is going to call me tonight about shipment details. I am going to say a bank to bank transfer/money order/cashiers check only. Then when the money clears I will ship the car.

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Tomac and/or Anderson for 2020.....

11/3/2018 12:22 PM
Edited Date/Time: 11/3/2018 12:33 PM

RX7, those piles aren't worth driving across town to buy let alone the trouble to have one shipped from another state. Must be a scam.




Kidding. Sounds like you are on the right track. I'd just make it clear all the shipping arrangements and details are on him, and you need money in your hands or cleared in your bank account before the car and title are going anywhere. And once the keys are in the hands of the shipper, the car is his. And have the agreement finalized in something more than a verbal discussion, it's pretty easy to type something up and have signed and scanned now a days.

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11/3/2018 6:58 PM
Edited Date/Time: 11/3/2018 7:00 PM

KennyT wrote:

Paypal is the go to sight for criminals, stay away from that.
I would think bank transfer is the safest. Even cashiers checks ...more

BobPA wrote:

I agree with you 100%, a good scammer knows how to earn your trust. He is going to call me tonight about shipment details. I ...more

Yes. This only. He can always recoup certified heck from
The back youbcant recoup the car.

My dad got hosed in two bikes. Guy begged him to come down on price because he was short on money. BAD check. By bad it was a fake certified check. With the watermark. Insane how real it looked. Chase told us sorry. It’s not real. Likeable hustler. Trust nobody.


Also make sure the bank doesn’t clear the Check because you have funds to cover. Make sure they actually got the money !!!

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GP740
Since 1987

11/4/2018 1:18 AM

seth505 wrote:

I wouldn't go out of my way and be uncomfortable. The burden of taking the chance lies more on the buyer IMO.

BobPA wrote:

While I agree. I do not trust third party services in the slightest. I have read a pile of bad stories about escrow.com. ...more

Ya, what I meant was that the burden of taking a chance SHOULD lie on the buyer more and that I wouldn't use that 3rd party stuff to tie up the money if I were you.

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