hi
did you go through with this Paul?
Sounds like a 91 Monte Carlo, huh? Bumble bee yellow. Do you know the original Monte Carlo SAAB? :-)
we have a dealership and sell cars all over the place all the time. its not the big deal all the scam warnings make it sound like, but check are not the way to take payment. if you DO take a check, you wait until funds have cleared into your account before sending the title and the car.
and you do not accept any overpayment.
if your bank is like most, a cashier's check is not any better than someone's personal check to them, unless it also happens to be from THAT SAME bank! lol The only check the that is really any more secure is a check that is CERTIFIED by a US bank...and when people go to their bank to get a certified check, 99% of the time, the bank personel steer the check writer into getting a cashier's check, which is a joke. cashier's checks or bank drafts have no more certainty than a personal check, even though the bank personel insist their cashier's check does! from a practical point of view, it is ridiculous. a certified check is usually someone's personal check, CERTIFIED by their bank, with the funds to back it up placed ON HOLD to cover that check. Having a check certified often costs about $50 to the check writer.
Direct bank account wire transfer is best. Things like Western Union are not the same and are not the way to go.
It is very simple, and there is no big reason for any operation to act as an intermediary.
No matter what, the key is just that you do nothing until you have the funds fully cleared in your account or your hands. Not just showing as coming through, and not partially showing as cleared (they often clear in increments). You do not one thing until you have full payment cleared to you!
The scammers, whom we hear from several times a week-- they are sooooo plentiful-- can seem to be completely legit. Mostly they are hacks, but some are really smooth. However, they all show their true colors when you refuse to discuss anything but the specifics of their shipping arrangements. They always falter there, because there are not going to be any shipping arrangements. You know these scams come in basically two varieties....One, smaller time criminals looking to make a little money on each transaction. And two, larger operations, laundering dirty money. Neither type has any interest in the actual car. But some of them are getting pretty suave!
Just get all your money first.
Jay
Paul Hughes <pjphughes@yahoo.com> wrote:
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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Received on Thu Jun 15 21:10:53 2006
