Long distance transaction......advice?
Thread Starter
Drifting
Joined: Oct 2007
Posts: 1,458
Likes: 1
From: Collinsville MS
St. Jude Donor '08
Long distance transaction......advice?
I have decided to get rid of my 4x4 in order to add another vette to the stable. I put an add on the internet and within a couple of hours received a phone call and email from a prospective buyer a couple of thousand miles from here. While I consider the price I am asking for my truck reasonable, its not a steal. This person wants to wire the money and will arrange the shipping from my house. He does not plan to come see the truck but has asked for and I have sent numerous pics inside and out. Is there anything wrong with this, something I need to look out for?
If this goes through without any problems I am in the market for a black, 92-95 six speed.......
If this goes through without any problems I am in the market for a black, 92-95 six speed.......
Drifting
Joined: Jul 2009
Posts: 1,287
Likes: 18
From: https://www.facebook.com/groups/OrangeCorvettes/
That is a scam 8 days a week. I used to work at AutoTrader.com removing scam ads on the site. I don't care what they say it is a lie, lie, lie.
If you want proof, you don't think there's 4x4's for sale any closer to where they live? Just a heads up.
If you want proof, you don't think there's 4x4's for sale any closer to where they live? Just a heads up.
Le Mans Master
Joined: Mar 2004
Posts: 8,700
Likes: 298
From: Ft. Lauderdale Fl
Fed wire transfers are instant but can be reversed, That being said, wait 48 hours before shipping/the pick-up of your truck.
Talk to your bank and find out what their hold should be.
Talk to your bank and find out what their hold should be.
Team Owner
Joined: Jul 2004
Posts: 28,357
Likes: 3,253
From: Hartford WI
Money orders can be faked. I see them all the time. It will take a week or so for it to be found out though.
Faster way is to set up a checking account. Put $1 in it. Have him wire money to that account. That or Western Union it to you with the MTCN. Let WU take the risk of verification.
Faster way is to set up a checking account. Put $1 in it. Have him wire money to that account. That or Western Union it to you with the MTCN. Let WU take the risk of verification.
Burning Brakes
Joined: Jan 2008
Posts: 1,187
Likes: 1
From: Superior WI
Be careful!
Lots of good anti scam advise here:
http://duluth.craigslist.org/about/scams
Sounds to me like you're not hurtin for the cash, why not wait to sell it to someone more local to you, so you can sell with peace of mind
Lots of good anti scam advise here:
http://duluth.craigslist.org/about/scams
Sounds to me like you're not hurtin for the cash, why not wait to sell it to someone more local to you, so you can sell with peace of mind
Team Owner
Joined: Jul 2004
Posts: 28,357
Likes: 3,253
From: Hartford WI
How does him selling it somewhere else hurt? That guy is going to wire the money. If the other party sends it Western Union or Money Gram where is the risk? You have to come to me and bring cash before I will send anything to the other guy via WU or MG.
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Thread Starter
Drifting
Joined: Oct 2007
Posts: 1,458
Likes: 1
From: Collinsville MS
St. Jude Donor '08
thats what I was thinking, while my truck is nice, its not that rare and I am sure there are some closer to his location. I do have a separate checking account that I keep my mad money in, was thinking about cleaning it out and let him wire the money, but something about him wanting to spend that kind of money without seeing the truck scares me (over 15k). Thanks
Last edited by L82shark; Mar 10, 2010 at 11:53 AM.
Team Owner
Joined: Jan 2009
Posts: 73,568
Likes: 33
From: Somewhere in Mo
St. Jude Donor '09-'10, '14
Money orders can be faked. I see them all the time. It will take a week or so for it to be found out though.
Faster way is to set up a checking account. Put $1 in it. Have him wire money to that account. That or Western Union it to you with the MTCN. Let WU take the risk of verification.
Faster way is to set up a checking account. Put $1 in it. Have him wire money to that account. That or Western Union it to you with the MTCN. Let WU take the risk of verification.
This person is attempting to get your bank routing number. Once they have that they can drain your account. Tell them you need a bank draft sent to you or nothing. Then you can deposit it in your account and the bank will freeze the funds until it clears.
For your sake you came and got some opinions before you got scammed.
Team Owner
Joined: Dec 2007
Posts: 20,974
Likes: 261
Here is how I look at it.
There are a lot of scams out there, BUT as you pointed out, this is the internet, and that means every one has access.
Money talks. When you get money in hand he gets the title, just like when you sell here. Money comes in and part goes out.
They say no shipping on CL, but I am honest and many times I found hardtops, but I know people are afraid of scams.
Get the money in your account and that is all that counts.
Do a paypal or anything you want.
There are a lot of scams out there, BUT as you pointed out, this is the internet, and that means every one has access.
Money talks. When you get money in hand he gets the title, just like when you sell here. Money comes in and part goes out.
They say no shipping on CL, but I am honest and many times I found hardtops, but I know people are afraid of scams.
Get the money in your account and that is all that counts.
Do a paypal or anything you want.
Team Owner
Joined: Jan 2009
Posts: 73,568
Likes: 33
From: Somewhere in Mo
St. Jude Donor '09-'10, '14
just one more note. When I bought mine I got a bank draft, like I mentioned, and hand delivered it to the PO. I did this so there was no question I was scamming nor him. I then handed him my DL and ask he write down my personal information and I ask he do the same. it was to protect us both. that's just the way I roll.
Burning Brakes
Joined: Jan 2008
Posts: 1,187
Likes: 1
From: Superior WI
OP obviously has some concerns in a long distance transaction. Easiest way to avoid any long distance problems is to deal locally.
Race Director
Joined: Feb 2003
Posts: 16,475
Likes: 270
From: Kingman AZ
Cruise-In VII Veteran
Cruise-In VIII
St. Jude Donor '06-'07-'08-'09-'10-'11-'12-'13-'14-'15-'16
I have a friend from Belgium that I met on the Forum. I helped him buy a C3 and since then he has shopped for and purchased a 68 Chevy truck from Indiana that had been restored.
Both sellers were skeptical but they had their bank talk with the buyer's bank and they got the deals to work.
Ask your bank what would be the proper and safest way to transfer funds and follow their advice. If the buyer will not follow your bank's plan then you know that they were scamming and you have not lost anything but a bit of time.
Both sellers were skeptical but they had their bank talk with the buyer's bank and they got the deals to work.
Ask your bank what would be the proper and safest way to transfer funds and follow their advice. If the buyer will not follow your bank's plan then you know that they were scamming and you have not lost anything but a bit of time.
Thread Starter
Drifting
Joined: Oct 2007
Posts: 1,458
Likes: 1
From: Collinsville MS
St. Jude Donor '08
His initial offer was 1800 less than the posted price. Said with the shipping costs and all it was all he could afford to put into the truck. I believe that part as my asking price is book retail, normally wouldnt doubt so much but the fact he doesnt want to see it bothers me. No way I would let it get shipped until I had the money clear the bank. He also asked for a fax or scan of the title. I havent sent that to him.
Team Owner
Joined: Jul 2004
Posts: 28,357
Likes: 3,253
From: Hartford WI
His initial offer was 1800 less than the posted price. Said with the shipping costs and all it was all he could afford to put into the truck. I believe that part as my asking price is book retail, normally wouldnt doubt so much but the fact he doesnt want to see it bothers me. No way I would let it get shipped until I had the money clear the bank. He also asked for a fax or scan of the title. I havent sent that to him.
Drifting
Joined: Jul 2006
Posts: 1,483
Likes: 3
From: Newark, New Jersey
not to hijack, but a while ago I was selling a stereo on craigslist and a prospective buyer contacted me wanting to wire me money to my bank account. I emailed him asking for his telephone # so we could discuss this on the phone. He replied he was deaf. Deaf?
why in the world do you want a stereo? I called scam on that one
why in the world do you want a stereo? I called scam on that one
