Folks...so you pick up a car long distance. Gonna have it transported. What choice of money transfer to the seller would you do/feel safest with?

 

Anyone with a suggestion?

 

I always feel relativly safe with bank transfers. The seller can wait till it clears and then ship the goods.

Jeff you can ship me the money and I will make sure it gets there hahaha.

 

It needs a Paint Job

 

Paint jobs are easy, how bad is the body?

 

Actually, a fellow forum member went to Fremont Ca. and checked it out for me and said it was a very nice body. Mostly paint scrapes. Owner says it has never been in an accident. This being the case should make it a breeze ay? Car sat for several years under cover. Starts a drives now...just needs rear calipers replaced (they come with it)

 

In that case bring it. Same deal as James.

 

You got it! James and I may race up there! But if he isn't quite ready to tackle his (I'll discuss this with him) seeing mine done may even motivate him more, although after us being up at your shops and seeing your work ethics and results, I don't think he needs any extra push

 

That's how I did it when I bought the '69

 

so back to the money transfer. What about Western Union? this was my suggestion) Any concern with this? Knowing it's a fellow forum member who allowed a third forum member to come check out the car at his home?

 

Western Union is expensive. I use WU for sending money to friends in the Dominican Republic where most people don't have bank accounts. The way WU works is that the recipient needs to go to a WU branch and pick up the cash.

What about a cashiers check from your bank? It's made out to the recipient only and can be cashed like a personal check. It's basically like asking your bank to write a check to the recipient. The check is as "good" as your bank.

 

I just bought a 68 Camaro project in early December. My bank said the safest way was cashier's check. They wouldn't do any kind of wire transfer cuz they said it wasn't secure. Personally, I don't see a difference between the two: once he cashes the check, how is it not the same as a wire transfer? Not to worry you, though. My transfer went fine. Now I just gotta find time to pick up the car....

 

Paypal is safe for both parties, but fairly expensive for the seller.
Postal money orders are cheap and reliable.

my $.02

 

Many sellers have been burned by counterfeit cashier's checks. Be very wary of this if you're selling.

If you're selling, here's one foolproof way to handle the transaction, if the buyer's bank has a branch office near you:

Open an account at the bank the buyer uses. Have the buyer meet you at the bank branch near you. Have him withdraw cash from his account and hand it to you. Deposit the cash into your new account.

The funds in that account are now yours to do with as you please, with no risk and no delays. You received, and deposited, cold hard cash (and you never had to leave the relative safety of the bank with the cash in hand). You can now write checks against the balance, or close out the account as you wish.

This is how I was able to calm the jittery nerves of the guy who sold me my Vette. He was worried about getting burned. I asked where he banked, and it turned out that we both used the same bank, so I suggested this, and it worked out really well for us, as he didn't even need to open a new account. I handed him cash, he signed the title over to me, he deposited the cash into his account, and there was even a notary on the premises. No fuss, no muss, and everybody was at ease and happy about the way the transaction was handled.

Be well,

SJW

 

I used cash lately ... knew I couldn't make it to a bank during opening hours. Had a friend with me (big guy with big overarms...)

So, cash is an option - not the best, I agree.

 

Seller is in California...buyer is in Alabama. That won't work

 

I bought a Vette in Texas a few years ago, (I live in Alabama), and I decided to just carry CASH. I was flying out to pick up the car and drive it back. I had the cash in my jacket pocket in an envelope. Foolishly, I placed my jacket, along with my shoes, belt, watch, ect., on the security converyor belt to be x-rayed at security.

They saw the cash and it waved a red flag, (just after 9/11). I spent the next 45 minutes trying to explain why I was carrying so much cash. I almost missed my plane.

I'll never do that again, if you're carrying cash through the airport, keep it in your pocket.

 

It's settled. Thanks for the input

 

What transport co. you using?? I am having problem trying to get a car transported.. from Spokane W. to Houston.

 

D.A.S.H. Automotive Movers...what problems are you having?