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There have been a lot of "urban myths" recirculated about bogus cashier's checks, fake money orders, counterfeit cash, etc. in regards to selling your car to a stranger.
Bottom line? Have the prospective buyer electronically transfer the purchase price into your bank account BEFORE you sign the title and let him drive away with the vehicle. That way you know for certain that the money is legit. If any prospective buyer refuses to do this BEFORE he takes possession, I'd look for another buyer.
There are lots of ways to get burned in stranger-to-stranger transactions. Jim Cesiro's experience, where he was able to "check out" his buyer in advance, takes the worry out of the equation, but it's probably not always possible.
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