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This may be a true find ???
04-07-2008, 01:07
Post: #10
This may be a true find ???
I would add that to make this transaction safe for the seller as well, in this world of hard to spot bogus cashiers checks, do the deal at a branch of some bank you already do business with that is convenient to the sellers location and have the bank make the cashiers check in front of the seller. it's also nice because banks almost always have a notary handy for the bill of sale, etc.


Dorn Hetzel
77FC35
Hogansville, GA

On Sun, Apr 6, 2008 at 9:43 PM, Ryan Wright <"ryanpwright@gmail.com"> wrote:


On 4/5/08, Pete Masterson <"aeonix1%40mac.com"> wrote:

>

> One of the most common scams on Craigs list is a product offered at a very attractive

> price. If you respond, you'll be asked to send a payment off by wire to some foreign

> location. Then you'll never receive clear title to the purchase.


All very true.



That said, other than a potential waste of time, it doesn't hurt to

call. I've yet to run across a scam that I'd be fooled by. These guys

aren't professionals and as soon as they start with the ridiculous

story ("I had to move to Siberia and leave my $100k coach behind so

you can have it really cheap") it's, "No thanks, goodbye."



On the other hand, you might actually run into a guy who inherited the

darn thing and has no idea what it's worth, or someone who just needs

quick cash. I bought a DeLorean for ~$8,000 less than it was worth

because the guy was looking at a bankruptcy and wanted to move it

fast. And a couple of years back a guy bought a brand new Lotus for a

couple hundred pounds on eBay - the owner's wife (who held legal

title) was angry with her husband and essentially gave the car away.

The buyer left glowing feedback.



Simply, don't fork over any money until you have inspected the

vehicle, in person, with the owner, who has the title in his hands.

Then you trade your money for the keys and the signed title in a

single face to face transaction. As long as you've verified the guy in

front of you is, indeed, the legal owner, and you've done a good job

of inspecting the vehicle, chances are slim you're going to get

burned.



-Ryan

'86 PT-40 8V92


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Messages In This Thread
This may be a true find ??? - Gregory OConnor - 04-04-2008, 02:44
This may be a true find ??? - erniecarpet@... - 04-04-2008, 03:01
This may be a true find ??? - Pete Masterson - 04-04-2008, 06:43
This may be a true find ??? - brad barton - 04-04-2008, 15:22
This may be a true find ??? - Gregory OConnor - 04-04-2008, 15:55
This may be a true find ??? - Mike Hohnstein - 04-04-2008, 23:04
This may be a true find ??? - Pete Masterson - 04-05-2008, 05:53
This may be a true find ??? - Gregory OConnor - 04-06-2008, 03:46
This may be a true find ??? - Ryan Wright - 04-06-2008, 13:43
This may be a true find ??? - Dorn Hetzel - 04-07-2008 01:07



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