craigslist payment
I am in the process of selling a muscle car on craigslist, what is the safest way/process for receiving payment from the buyer.so many bad stories about receiving fake bank checks,etc.
thank you |
Escrow.com
If your not able to hand the money yourself... |
Wire trasnfere.
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wire transfer
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Cash is always nice
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How ever you do it, Don't let the Car go until you or your bank has the Cash in Hand. even if sh*t looks like the real deal you can still be screwed. Cash in Hand or Car in the Garage. Pick one :)
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Correct! Best scenario is to meet at the bank! Make sure funds are legit! Like FD says, cash in hand or no deal! If buyer balks, most likely was a scam to begin with!
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Wire transfer, cash or escrow. if they balk at those options move on to another buyer
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Wire transfer, cash, or certified check. However if you accept the certified check, I wouldn't release the car or title until bank clears it and that can take up to 1 week. If the buyer is legitimate, and pays with a certified check he knows the drill and should be fine waiting till the check clears.
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We just boat a boat through Craigslist. Here's what we did. We wired the funds to the seller's bank a day before pick up. The bank held the funds in essentially an escrow account until we called with approval to transfer the funds after viewing the boat. At that time, the bank transferred an amount to pay off the seller's lien on the boat and the excess to his personal account. If we didn't approve of the boat, the bank would have then wired the funds back to our bank.
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