Quote:
Originally Posted by anaro
What about silly things like the sales tax and the license plate? I sold a horse trailer for cash years ago on craigslist but it was less than$1000 and I owed nothing. Buyer was a cop and offfered to turn tags on for me. I reported vehicle as sold and gave her a hand typed bill of sale. Sorry for so many questions but we are looking at trading up to a 5 er and I know I could get a lot more for my tt on craigslist. I'm just afraid of all the bad possibilities like a bad cashiers check or using PayPal and then having them dispute the charge. My bank doesn't have a local branch so meeting there for cashier check verification or depositing that much cash can't happen. Maybe an electronic transfer would work.
Art- how did you set up the credit union? Was that a financier for the buyer?
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anaro,
I purchased a used mobile home years ago that had a lien on the title. The buyer and I met at his bank. I paid the note off and him, the bank gave me a clean title.
In selling, I usually ask for -cash. I have taken a bank check, but even those aren't safe from the seller stopping payment. I just sold a chevy PU and didn't know the guy. I took his personal check. He has a summer home just down the road from me. I guess you have to use your own intuition on some things. Just be careful in doing so. There are a lot of "good" people out there, but there is a few shysters also.
Electronic transfers I personally wouldn't do unless it was the "bank only" that had my info.
Edited by: Old Farmer