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I agree!!!!!! Cash first. I drafted a letter with the following info.......
This letter is to confirm an agreement made via email on October XX, 20XX for the purchase of a 19XX 911S with VIN # as shown above. The agreed upon purchase price is US$XXXXX.00. The vehicle will not be released to any party until all monies have been received by the SELLER. The SELLER will consider the vehicle sold to the BUYER until October XX. If no monies have been received by October XX, the SELLER has the right to place the vehicle on the open market for sale.
The vehicle described above will be sold AS IS with NO WARRANTIES and the BUYER will be responsible for pick-up and shipment of the vehicle to a destination chosen by the BUYER. Once monies have been received and confirmed by the SELLER and the vehicle is in the position of the BUYER or an agent designated by the BUYER, the vehicle will be considered SOLD as stated above. A clear title will be made available with the vehicle upon completion of the sale.
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