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-   -   Safest way to recieve payment when you sell a vehicle? (http://www.the370z.com/other-vehicles/9827-safest-way-recieve-payment-when-you-sell-vehicle.html)

The Arp 10-05-2009 07:30 PM

Safest way to recieve payment when you sell a vehicle?
 
Other than cash what are the safest ways to get paid if I'm privately selling a used vehicle. Money orders and cashiers checks are easily forged and you bank will hapily cash it for you and then withdraw the funds later.

Lone Wolf 75 10-05-2009 08:25 PM

You could do a certified check. I think most Mortgage Companies require you to have a certified check when putting a downpayment down on a house. It's different than a cashier's check in that the bank guarantees that there are sufficient funds in the account to cover the check - it cannot bounce. The only way it would become void is if the bank were to fail before you could deposit the check.


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