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GH85Carrera GH85Carrera is online now
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Join Date: Nov 2007
Location: Oklahoma
Posts: 86,297
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Yea, the banking system is the obvious choice. The transactions are all recorded, taxes will have to be paid and the IRS is happy. There are "escrow" services out there for large purchases. When we bought our airplane both parties signed a sales contract, and we sent a large down payment to the escrow company. Then the escrow company dealt with our bank and the seller. We had to send more money to initiate the actual sale, and the escrow company sent us a digital version of the registration, and the original title eventually showed up in the mail. We did not buy international, just across state lines. The seller flew it down to our hangar and we told the escrow company to release the final funds.
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Glen
49 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
Old 10-17-2021, 07:01 AM
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