I have a problem
Team Owner
Joined: Mar 2004
Posts: 30,055
Likes: 351
From: Big Red Ne
Originally Posted by grunz95
I have a gentleman that accepted my offer for his car. The problem I have is that he wants me to add an additional amount to the cashiers check and he will give it back to me when the transaction is completed. In cash. What should I do. 
Team Owner
Joined: Mar 2004
Posts: 30,055
Likes: 351
From: Big Red Ne
Originally Posted by rkhegler
Does he want to sell you some snake oil too? If it is a cashiers check from the bank with his name on it, what the hell is the deal. I would politly give him the check for the exact amount. If he offers any resistance, take the check and get a different car.
Instructor
Joined: Jun 2005
Posts: 128
Likes: 16
Tell him no. Tell him that you are no longer interested in his car. Then tell him that if he is interested in still selling it to you, that you will offer him a lesser amount than what you offered him before. If he accepts, dont send him any money. Both of you show up at the bank to close the transaction. You see the car. You get the keys, then close the transaction with the loan officer present.
Drifting
Joined: Mar 2004
Posts: 1,275
Likes: 0
From: St. Louis MO
In my area, I think you only have to pay sales tax on the difference between the selling price of your old car and the purchase price of your new car. If the money order can be used as proof of his selling price and he is using the money to buy another car then he'd be able to cheat the government out of a few $$$.
If that is his plan, and he gets busted, you might be considered a participant or accomplice.
If that is his plan, and he gets busted, you might be considered a participant or accomplice.
Administrator
Joined: Mar 2001
Posts: 368,355
Likes: 24,782
From: In a parallel universe. Currently own 2014 Stingray Coupe.
C7 of the Year - Modified Finalist 2021
MO Events Coordinator
St. Jude Co-Organizer
St. Jude Donor '03 thru '26
NCM Sinkhole Donor
CI 5, 8 & 11 Veteran
Tell him no and if he wants to sell the car, he'll take the money you offered him. 
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer
Brett Foote
10 Things Every Corvette Owner Needs (2026 Edition)
Michael S. Palmer
8 Most "Only Corvette Owners Understand" Quirks and Problems
Pouria Savadkouei
10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years
Joe Kucinski
How Much Horsepower Every Corvette Engine "LOST" in 1972
Joe Kucinski
Top 10 DOs and DON'Ts for Protecting Your Convertible Top!
Michael S. Palmer
Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!
Joe Kucinski
150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter
Joe Kucinski
8 Coolest Corvette Pace Cars (and Replicas) of All Time
Verdad Gallardo
Advanced
Joined: Apr 2005
Posts: 75
Likes: 0
Originally Posted by grunz95
I have a gentleman that accepted my offer for his car. The problem I have is that he wants me to add an additional amount to the cashiers check and he will give it back to me when the transaction is completed. In cash. What should I do.
It's one of the oldest scams there is. Run for the hills!
FLA next, we've got some swamp land for sale.
Premium Supporting Vendor
Joined: Oct 2004
Posts: 36,838
Likes: 438
From: Manassas Park VA
St. Jude Donor '07-'08,-'13-'14, '16-'17
This is a well documented scam, do some research on it. There was just a long artical in the washington post and msn online about it.
Under no circumstances do business with this guy.
Most people think that when a check clears and hits your account, it is good. Infact, the check is not cleared or rendered good until it hits the national bank.
Trust me, it will come back to you and the bank will want all its money back.
Peace
Willfulone
Under no circumstances do business with this guy.
Most people think that when a check clears and hits your account, it is good. Infact, the check is not cleared or rendered good until it hits the national bank.
Trust me, it will come back to you and the bank will want all its money back.
Peace
Willfulone
__________________
..................Click for
..................Click for
Burning Brakes
Joined: Jun 2004
Posts: 1,083
Likes: 0
From: I'm not quite middle aged and I only own one gold chain! San Jose CA
Reading through these posts reminds me of when I sold my 98 Cobra. I really wanted to sell it so I could get my Z06, but when it came time to close the deal the guy who bought it asked me if I would write down a sales price that was lower than the actual sales price so that he wouldn't have to pay so much tax.
I told him no and that if it meant that it broke our deal then it would just have to be that way. Even though he was asking me to do something dishonest and illegal, the guy made me feel as though I was the one who was being difficult. He tried it again when he showed up to finalize the deal. All of this was done in front of his 17 year old son...I wonder what kind of ethics he will have when he grows up.
I remember how much pressure I felt during the few days this went on, but my personal integrity just wouldn't let me do it no matter how badly I wanted to make the sale. I am not trying to be a goody two shoes, but I was brought up to be a person of integrity and I am thankful for it. Am I strange or something or is dishonesty becoming more acceptable these days?
Makes you wonder...
I told him no and that if it meant that it broke our deal then it would just have to be that way. Even though he was asking me to do something dishonest and illegal, the guy made me feel as though I was the one who was being difficult. He tried it again when he showed up to finalize the deal. All of this was done in front of his 17 year old son...I wonder what kind of ethics he will have when he grows up.
I remember how much pressure I felt during the few days this went on, but my personal integrity just wouldn't let me do it no matter how badly I wanted to make the sale. I am not trying to be a goody two shoes, but I was brought up to be a person of integrity and I am thankful for it. Am I strange or something or is dishonesty becoming more acceptable these days?
Makes you wonder...
Pro
Joined: Aug 2004
Posts: 740
Likes: 149
From: Eastside WA
Originally Posted by Scott04Z
when it came time to close the deal the guy who bought it asked me if I would write down a sales price that was lower than the actual sales price so that he wouldn't have to pay so much tax. Am I strange or something or is dishonesty becoming more acceptable these days?
Makes you wonder...
Makes you wonder...
