[Peugeot-L] OT: Selling a car to an overseas buyer - how to protect onesself?

From: Paul Hughes <pjphughes_at_yahoo.com>
Date: 06/07/06


Hey everyone,

I'm asking to solicit any advice from the group about selling a car to an overseas buyer.

I've put my rare yellow Saab 900T convertible on the market, and it attracted the interest of a Belgian buyer, who I just spoke to for an hour. He seems 100% legit...he understood the car, has a rusty 200K car he wants to replace, wants one of the rare 300 yellow convertibles, a rust free west coast car,...i.e. he used all the right "saab speak" so to speak, and said that he is willing to give me the full price for the car.

His shipping company acts as the intermediary for the payment, and I would get a check from them when they come to pick it up, since it is an international transaction. Having seen many previously CA or AZ registered MGs and Triumphs in the UK in my years of classic car shows, I know it's pretty common to do, and European countries are less stringent about shipping US cars back to Europe than the US is about shipping not DOT/EPA compliant cars back to the States.

First of all, I will make sure it is a Cashier's or bank check to cover myself. Secondly, in CA, I know plates stay with the car, and as such, it's not like I have to send them in to my insurance company to cancel my policy, like I had to do in MA. I simply just stop the coverage.

Has anyone done anything like this before? Obviously I'm looking to not get screwed, which I don't think I will, but having never done it before, I just want to make sure I don't miss any of the details.

Any and all help is appreciated!

Best,
Paul Hughes

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    http://docs.yahoo.com/info/terms/   Received on Wed Jun 7 12:32:26 2006