your methods of selling car privately, please help me out !!

tonybui · 02-02-2010, 07:45 PM

I'm selling my car privately, what should I be looking out for since there are so many spamers out there?? What are your methods of taking money for your sale ?? Please help me out here, I'm having a buyer that is serious in buying but I still need to watch out. Thanks guys

PapoZalsa · 02-02-2010, 07:52 PM

Your local craigslist, eBay, the appropiate car forum, local newspaper or Carmax.

I have sold most of my used cars in craigslist.

Be very careful with spammers, they will send out links asking you to check the insurance for them or the compare the value of your vehicle. Most of those links will contain some type of virus.

GL

tonybui · 02-02-2010, 07:59 PM

Yeah I'm having a buyer from craiglist already and he's ready for purchase. However, what is the saftest way to take his money?? I already have the title in hand but it's my first time and I'm kinda worry of spamers, so what do u guys do? Make him wore the money to your bank? How about cetified checks? How does that work?? Thanks again

Modshack · 02-02-2010, 07:59 PM

I'm buying a car I found on the net this weekend. Flying into Cincinnati Sat. to drive it 600 miles home. The seller and I had a good dialoge during the negotiations.. Today I sent him a scan of the certified bank check and the numbers to call to verify it. He's arranged for a Notary near the airport so it should all be troublefree. He's reassured, I'm confident in his representation. Painless process overall.

PapoZalsa · 02-02-2010, 08:02 PM

Quote:

Originally Posted by tonybui

Yeah I'm having a buyer from craiglist already and he's ready for purchase. However, what is the saftest way to take his money?? I already have the title in hand but it's my first time and I'm kinda worry of spamers, so what do u guys do? Make him wore the money to your bank? How about cetified checks? How does that work?? Thanks again

CASH or a KNOWN Bank Draft Check!!!!!

Or go with him to your bank to deposit the money/bank check. I would not do a wire transfer.

Just be careful with the scammers!!!

tonybui · 02-02-2010, 08:07 PM

If I deposit 20,000 at a time, does it usually take a couple days for the bank to clear it since it's a big amount of money???

Modshack · 02-02-2010, 08:10 PM

Quote:

Originally Posted by PapoZalsa

Or go with him to your bank to deposit the money/bank check. I would not do a wire transfer.

Just be careful with the scammers!!!

That would be the best process (sorta). I sold a truck a few years ago and we did just that. The bank (a branch of HIS bank) in my town confirmed and converted the funds to me, we handled all the paperwork (notary) there and he was on his way home....Your own bank may not be able to confirm a check written on another banks account. Be careful there

In my case in the post above, there are no branches of my bank where this guy lives, hence the verification ahead of time so he is reassured I'm not a phony and the money is good..

Modshack · 02-02-2010, 08:19 PM

Quote:

Originally Posted by tonybui

If I deposit 20,000 at a time, does it usually take a couple days for the bank to clear it since it's a big amount of money???

Your bank will always need time before the funds are made availabe to you (on any amount really)

Mike · 02-02-2010, 08:20 PM

Go to his bank and have them issue you a bank draft in person, that is the safest way.

Modshack · 02-02-2010, 08:22 PM

Quote:

Originally Posted by Mike

Go to his bank and have them issue you a bank draft in person, that is the safest way.

tonybui · 02-02-2010, 08:46 PM

His bank is in NC and I'm from MD, any other safe quad that you've done?

tonybui · 02-03-2010, 03:01 PM

anyone ?? what are your methods other than the ones above ??

Rasengan · 02-03-2010, 03:03 PM

Rule #1: Don't trust anyone claiming to be a Prince from Nigeria

on a serious note, i did sell one car partially through eBay. i posted the sale on eBay to get exposure then when i found a real buyer, we did it outside of eBay to save on fees...the whole process turned out just fine

tonybui · 02-03-2010, 03:10 PM

But in what way did you take his money and know its not scammed ?

Rasengan · 02-03-2010, 03:13 PM

Quote:

Originally Posted by tonybui

But in what way did you take his money and know its not scammed ?

well he paid me in cash...actually his mom did...i went to their house and his mom took out a wad of cash and just gave it to me

you just have to be really careful with checks...don't take personal checks...i think cashier's checks are ok and are much much harder to forge

02-02-2010, 07:45 PM	#1 (permalink)
tonybui A True Z Fanatic Join Date: May 2009 Location: Maryland Posts: 1,397 Drives: 09 Sports 6 Speed Rep Power: 426	your methods of selling car privately, please help me out !! I'm selling my car privately, what should I be looking out for since there are so many spamers out there?? What are your methods of taking money for your sale ?? Please help me out here, I'm having a buyer that is serious in buying but I still need to watch out. Thanks guys

02-02-2010, 07:52 PM	#2 (permalink)
PapoZalsa A True Z Fanatic Join Date: Nov 2009 Location: Not in Sunny Florida Posts: 6,358 Drives: 16 Nismo w/Tech Pack Rep Power: 4499	Your local craigslist, eBay, the appropiate car forum, local newspaper or Carmax. I have sold most of my used cars in craigslist. Be very careful with spammers, they will send out links asking you to check the insurance for them or the compare the value of your vehicle. Most of those links will contain some type of virus. GL __________________ 2009 370Z MB Base w/Sport Package 6MT Modshack's Custom Air Intakes /3M Clear Bra/ Illuminated Kick Plates / F. I CBE w/12" resonators / EVO-R Front Lip / Rear Hatch Wing / Tein S-Tech Springs /Ilegal Tint in the Rep. of VA/4x20mm Z1 Spacers/ Vinyl Roof/Liquid Carbon Designs

02-02-2010, 07:59 PM	#4 (permalink)
Modshack A True Z Fanatic Join Date: Mar 2009 Location: Greenville NC Posts: 2,883 Drives: 370Z Sport Rep Power: 976	I'm buying a car I found on the net this weekend. Flying into Cincinnati Sat. to drive it 600 miles home. The seller and I had a good dialoge during the negotiations.. Today I sent him a scan of the certified bank check and the numbers to call to verify it. He's arranged for a Notary near the airport so it should all be troublefree. He's reassured, I'm confident in his representation. Painless process overall. __________________ Steal my car! (SOLD)...Now Porsche Cayman S Oil Cooler DIY: Here! Last edited by Modshack; 02-02-2010 at 08:02 PM.

02-02-2010, 08:20 PM	#9 (permalink)
Mike The370Z.com Sponsor Join Date: Jun 2009 Location: Loganville, GA Posts: 5,944 Drives: 370z Rep Power: 2185	Go to his bank and have them issue you a bank draft in person, that is the safest way. __________________ NISSAN: 75 280Z / 86 300ZX GLL /87 Sentra SE / 03 350Z / 23 Z Porsche: 93 968 / 23 Macan GTS / 93 968

02-03-2010, 03:03 PM	#13 (permalink)
Rasengan Base Member Join Date: Jan 2010 Location: Chicago Age: 47 Posts: 128 Drives: '10 Roadster T/S 6MT Rep Power: 15	Rule #1: Don't trust anyone claiming to be a Prince from Nigeria on a serious note, i did sell one car partially through eBay. i posted the sale on eBay to get exposure then when i found a real buyer, we did it outside of eBay to save on fees...the whole process turned out just fine Last edited by Rasengan; 02-03-2010 at 03:08 PM.

02-02-2010, 07:59 PM	#3 (permalink)
tonybui A True Z Fanatic Join Date: May 2009 Location: Maryland Posts: 1,397 Drives: 09 Sports 6 Speed Rep Power: 426	Yeah I'm having a buyer from craiglist already and he's ready for purchase. However, what is the saftest way to take his money?? I already have the title in hand but it's my first time and I'm kinda worry of spamers, so what do u guys do? Make him wore the money to your bank? How about cetified checks? How does that work?? Thanks again

02-02-2010, 08:07 PM	#6 (permalink)
tonybui A True Z Fanatic Join Date: May 2009 Location: Maryland Posts: 1,397 Drives: 09 Sports 6 Speed Rep Power: 426	If I deposit 20,000 at a time, does it usually take a couple days for the bank to clear it since it's a big amount of money???

02-02-2010, 08:46 PM	#11 (permalink)
tonybui A True Z Fanatic Join Date: May 2009 Location: Maryland Posts: 1,397 Drives: 09 Sports 6 Speed Rep Power: 426	His bank is in NC and I'm from MD, any other safe quad that you've done?

02-03-2010, 03:01 PM	#12 (permalink)
tonybui A True Z Fanatic Join Date: May 2009 Location: Maryland Posts: 1,397 Drives: 09 Sports 6 Speed Rep Power: 426	anyone ?? what are your methods other than the ones above ??

02-03-2010, 03:10 PM	#14 (permalink)
tonybui A True Z Fanatic Join Date: May 2009 Location: Maryland Posts: 1,397 Drives: 09 Sports 6 Speed Rep Power: 426	But in what way did you take his money and know its not scammed ?

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