that's the car that was for sale, and now - stolen.
Make your transaction weekdays between 9am-5pm and meet in a public place rather than your home. Also have a friend there with you.
2. If there is a test drive involved, always ride along.
3. NEVER accept a cashier’s check. They are worthless.
2. If there is a test drive involved, always ride along.
3. NEVER accept a cashier’s check. They are worthless.
Inform the prospective seller of this before you meet.
Even if the cashier’s check seems legitimate, the buyer can issue a “stop payment” order through their bank (claiming the check was lost, etc.) after they take your car.
The ONLY safe form of payment is a bank-to-bank wire transfer.
The ONLY safe form of payment is a bank-to-bank wire transfer.
Period.
Once a wire transfer is made, it cannot be voided or reversed.
Make it clear to your buyer about your terms of sale before you meet, and they can arrange the wire transfer with their bank.
Once they see the car and are ready to buy, they can call their branch and instigate the transfer of funds to your bank. In the U.S. a wire transfer usually takes only about 20 minutes before funds appear in your account.
Set-up a separate bank account just for the sale transaction to isolate the incoming funds and your account number from the sale account.
Talk with your bank and they can advise you of the safest way to conduct the transfer of funds.
4. NEVER release the car or title until funds have cleared and are in your bank.
Any legitimate buyer will respect these simple terms of sale. Never let a buyer push you or make demands to do things “their way.”
4. NEVER release the car or title until funds have cleared and are in your bank.
Any legitimate buyer will respect these simple terms of sale. Never let a buyer push you or make demands to do things “their way.”









