Recent Topics
Get your physicals done people
by BeerCan - 03/29/20 08:41 AM
2004 Silverado
by mjk - 03/29/20 08:29 AM
Shimmy on the Hiwy
by Char Baby - 03/29/20 06:06 AM
10w40 over 5w30 diesel
by angryorc - 03/29/20 03:20 AM
Clover Overseeding.
by GumbyJarvis - 03/29/20 01:52 AM
Crawfish Boil
by BlueOvalFitter - 03/29/20 01:09 AM
Crude Pricing Dynamics
by Y_K - 03/28/20 11:24 PM
Best battery tender for AGM
by painfx - 03/28/20 10:27 PM
Tinted my DRLs
by mclasser - 03/28/20 09:04 PM
Chicken Burritos tonight
by urrlord - 03/28/20 08:34 PM
ACDelco Oil filter date code
by nwjones18 - 03/28/20 07:43 PM
GM Plastic Heater Hose T-Fitting(s) Broke!
by jetman - 03/28/20 06:26 PM
Elite Iron Bipod
by claluja - 03/28/20 05:44 PM
Uneven Pad Wear?
by JeffKeryk - 03/28/20 05:43 PM
Left valve cover leaking oil
by NH73 - 03/28/20 05:03 PM
Pennzoil platinum high mileage
by Micahmcmeen - 03/28/20 04:04 PM
Beans!
by 53' Stude - 03/28/20 03:54 PM
1997 Dodge Ram v6
by urrlord - 03/28/20 03:31 PM
Blood shortages
by 53' Stude - 03/28/20 03:09 PM
Decent little score
by JPP - 03/28/20 02:23 PM
Newest Members
yulichris, jeff58, jimmyturner, ChainsawGuy, jbr
71038 Registered Users
Who's Online Now
102 registered members (4WD, Alaskanmont, 2K2AcuraTL, 53' Stude, alarmguy, 007, 11 invisible), 1,921 guests, and 19 spiders.
Key: Admin, Global Mod, Mod
Forum Statistics
Forums67
Topics303,305
Posts5,233,646
Members71,038
Most Online4,538
Jan 20th, 2020
Donate to BITOG
Print Thread
Hop To
Page 1 of 3 1 2 3
Selling my Mustang #5358842 02/24/20 12:05 PM
Joined: Aug 2016
Posts: 42
S
SilverGt Offline OP
OP Offline
S
Joined: Aug 2016
Posts: 42
I've had my 1984 Mustang for sale for a few months now I finally got a reasonable offer The problem is that the buyer is 2 1/2 hrs away and doesn't want to carry that much cash that far He wants to bring a Bank Check drawn on his money market account Is this safe? Am I being too picky wanting cash only?


1984 Ford Mustang GT Castrol GTX 10w-40
2017 Chevrolet Trax Castrol Edge 5W-30
2003 BMW 325xi. Castrol Edge 0w-40
Re: Selling my Mustang [Re: SilverGt] #5358844 02/24/20 12:06 PM
Joined: Feb 2012
Posts: 9,540
J
Jarlaxle Online Content
Online Content
J
Joined: Feb 2012
Posts: 9,540
Meet him at your bank, or a branch of his. Either get a certified check (or cash) from his bank, or have him do a wire transfer to yours.


1979 Coupe de Ville, 542 stroker, parked for winter frown
2013 Challenger SRT8 Core, Mobil 1 0W-40, Mopar
2011 Sportster 883, parked for winter frown I hate winter.
Re: Selling my Mustang [Re: SilverGt] #5358848 02/24/20 12:10 PM
Joined: Aug 2003
Posts: 14,591
R
Rand Offline
Offline
R
Joined: Aug 2003
Posts: 14,591
Have his bank do the check right in front of you, or give you cash.

If he has an online only bank. pass.. too many fake cashiers checks here.


2019 Jeep Cherokee Trailhawk 2.0T
2020 Hyundai Elantra "Value Edition"
Re: Selling my Mustang [Re: Jarlaxle] #5358849 02/24/20 12:10 PM
Joined: Apr 2010
Posts: 4,766
B
BMWTurboDzl Offline
Offline
B
Joined: Apr 2010
Posts: 4,766
Originally Posted by Jarlaxle
Meet him at your bank, or a branch of his. Either get a certified check (or cash) from his bank, or have him do a wire transfer to yours.


OR

Have in send you a photo of the check and then call his bank to verify issuance.


“It took untold generations to get you where you are. A little gratitude might be in order. If you’re going to insist on bending the world to your way, you better have your reasons.”

435i
Re: Selling my Mustang [Re: SilverGt] #5358857 02/24/20 12:15 PM
Joined: Mar 2011
Posts: 1,414
S
SLO_Town Offline
Offline
S
Joined: Mar 2011
Posts: 1,414
This sounds supicious to me. I would meet him at his brick and motar bank and get CASH. Take one of your guy friends with you.

Scott


03 BMW E46 330Ci ZSP (Euro Castrol 0W-30)
10 Honda Element SC (Castrol Magnatec 5W-30)
11 BMW E90 328i M-Sport (Pennzoil Euro 5W-40)
16 VW Passat VR6 3.6L SEL Premium (Euro Castrol 0W-40)
Re: Selling my Mustang [Re: SilverGt] #5358859 02/24/20 12:17 PM
Joined: Aug 2010
Posts: 7,435
K
Kira Online Content
Online Content
K
Joined: Aug 2010
Posts: 7,435
How much is this '84 Mustang that he doesn't want to carry "that much cash"?

What's he doing, coming by stagecoach?

Re: Selling my Mustang [Re: SilverGt] #5358864 02/24/20 12:20 PM
Joined: Aug 2016
Posts: 42
S
SilverGt Offline OP
OP Offline
S
Joined: Aug 2016
Posts: 42
I guess the real question is would you have a problem carrying $9000 on a 2 1/2 hr Drive to buy a car you wanted? I would have no problem doing it


1984 Ford Mustang GT Castrol GTX 10w-40
2017 Chevrolet Trax Castrol Edge 5W-30
2003 BMW 325xi. Castrol Edge 0w-40
Re: Selling my Mustang [Re: Kira] #5358866 02/24/20 12:22 PM
Joined: Aug 2018
Posts: 867
J
jayjr1105 Online Content
Online Content
J
Joined: Aug 2018
Posts: 867
Originally Posted by Kira
How much is this '84 Mustang that he doesn't want to carry "that much cash"?

What's he doing, coming by stagecoach?

LOL


2013 Mazda 3 - PP 0w20
2005 Honda Odyssey - PP HM 5w20
Re: Selling my Mustang [Re: SilverGt] #5358868 02/24/20 12:24 PM
Joined: Feb 2013
Posts: 12,122
Nick1994 Offline
Offline
Joined: Feb 2013
Posts: 12,122
Drive it to him and have a friend follow you. He can get cash with you there.


2015 Hyundai Genesis 5.0L 58k Mobil 1 5w30 & Wix
2000 Toyota Camry 2.2L 238k Mobil Super HM 10w40 & Fram Ultra
1996 Jeep Cherokee 4.0L 150k Mobil 1 HM 10w40 & Fram Ultra
Re: Selling my Mustang [Re: SilverGt] #5358869 02/24/20 12:25 PM
Joined: Jan 2010
Posts: 3,380
J
JeffKeryk Offline
Offline
J
Joined: Jan 2010
Posts: 3,380
Take his certified check to your bank and have them verify funds.
Or
Does the buyer's bank have a branch in your area?


2018 Tesla Model 3, Medium Range Battery
2018 Lexus RX450h
2013 Lexus GS350 F Sport
2006 Acura TSX
2001 Tundra Access Cab, 1998 Accord LX, 1968 Corvette L36 Roadster, 1965 Olds 4-4-2
Re: Selling my Mustang [Re: SilverGt] #5358885 02/24/20 12:41 PM
Joined: Jan 2015
Posts: 1,617
R
ragtoplvr Offline
Offline
R
Joined: Jan 2015
Posts: 1,617
I have carried large amounts of cash for a vehicle transaction before. Had my favorite shotgun and a pistol along as friends. slept with my shotgun handy. 3.5 inch #2 turkey loads can do much damage. i NEVER NEEDED ANY OF IT. Remember, over 10K in cash gets reported by the bank. so split if up.

Rod

Re: Selling my Mustang [Re: SilverGt] #5358904 02/24/20 01:02 PM
Joined: Feb 2003
Posts: 9,488
C
Cujet Online Content
Online Content
C
Joined: Feb 2003
Posts: 9,488
I always do the transaction at the bank. Beforehand I make sure to ask the account manager how to ensure the transaction is a success and we follow the procedure. Every bank is a little different. The deposit into my account is immediate and safe.


People who count on their fingers should maintain a discreet silence.
Re: Selling my Mustang [Re: SilverGt] #5358906 02/24/20 01:05 PM
Joined: Jul 2008
Posts: 1,571
E
ecotourist Offline
Offline
E
Joined: Jul 2008
Posts: 1,571
When I was a kid I worked as a book-keeper at a car dealership. We had a certified cheque not honoured by our bank. I complained at the bank, but they said they could do that. I asked my sister (who worked at another branch of the same bank) about it and even she gave me some hocus pocus answer. But in the end - we didn't get the money.

I thought a certified cheque was as good as cash, but it seems not.

If I was getting a significant amount of money from an individual, especially in a car deal where I was giving up the car, I'd prefer cash.


2000 BMW 528i 5MT M Sport
2007 Honda Accord EX-L 4Door V6 6MT
Re: Selling my Mustang [Re: SilverGt] #5358914 02/24/20 01:11 PM
Joined: Apr 2010
Posts: 4,766
B
BMWTurboDzl Offline
Offline
B
Joined: Apr 2010
Posts: 4,766
Originally Posted by SilverGt
I guess the real question is would you have a problem carrying $9000 on a 2 1/2 hr Drive to buy a car you wanted? I would have no problem doing it


Thing is, if you happen to get stopped and searched by a LEO expect that money to disappear forever. Civil asset forfeiture laws being what they are.


“It took untold generations to get you where you are. A little gratitude might be in order. If you’re going to insist on bending the world to your way, you better have your reasons.”

435i
Re: Selling my Mustang [Re: SilverGt] #5358917 02/24/20 01:14 PM
Joined: Aug 2003
Posts: 14,591
R
Rand Offline
Offline
R
Joined: Aug 2003
Posts: 14,591
being a car and craigslist you are also a big target for scammers.. take every precaution.. OTOH I could legit see some guy not wanting to bring 9000$ to some random craigslist possible flake person... and getting robbed/shot/buried in a field.

so meet at his bank and get cash fixes both concerns. I can see both sides on this but anyone who truely wants the car can make it happen.

if they are stuck on online bank or giving you a check and cant understand your concern then its a scam most likely.

Alternatively he could meet you , not bring cash.. and give you a deposit.. then you could meet him for the rest at a police station etc..

there are plenty of ways to arrange it safely if its not a lowlife trying to scam you.


2019 Jeep Cherokee Trailhawk 2.0T
2020 Hyundai Elantra "Value Edition"
Page 1 of 3 1 2 3
Previous Thread
Index
Next Thread

BOB IS THE OIL GUY® Powered by UBB.threads™