Quote:
Originally Posted by asphaltgambler
I have much experience in this area. You should expect all cash, period. It's the American way. I sold my 70 Chevelle SS in the fall for $45K.....Cash. I personally been involved on even larger deals = all cash. I have the marker pen to identify whether the bills are real or not. You are the seller- you have control.
Then deposit the cash in $8K increments over some period of time for obvious reasons.
If this is a no go for either of you, do wire transfer. It's as easy as Paypal really once you have an account setup. I have one such account that I keep a $25.00 balance and is not tied to any other accounts I have which minimizes risk. The fees are pennies, actually and the funds are usually available the next business day
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I agree, but large sums of cash tend to make people nervous. I bought a boat for $20k cash a few months ago and the buyer was nervous as hell about it. I highly prefer cash, but have done cashier's checks where we meet at the bank and verify funds prior to completing the transaction.
Wire transfer is quick and easy, and there's no need to set up an account. He can transfer the money via phone from your driveway after seeing the car in person. The only caveat is that it must be during normal bank hours, and wire transfers don't process on Saturdays.
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‘07 Mazda RX8
Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc
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