Warning! Possible scammer
#21
Le Mans Master
#22
Burning Brakes
I got an e-mail last week about a car I have for sale. Someone named Monique said a friend of hers was looking for a car but didn't belong to the Forum. I gave her my info and she passed it on to him. He seemed agreeable to the price and talked about flying in and driving the car home. I then got an email back with the following message:
"I spoke with my bank and they shared with me that a clear title was needed and you and the car needed to be here physically to complete the deal. You would have to sign a Power of Attorney document."
He told me he was a minister in Texas. I am thinking it was all BS. Thank goodness I wasn't born yesterday.
FYI
"I spoke with my bank and they shared with me that a clear title was needed and you and the car needed to be here physically to complete the deal. You would have to sign a Power of Attorney document."
He told me he was a minister in Texas. I am thinking it was all BS. Thank goodness I wasn't born yesterday.
FYI
You can always tell him to take out a home equity loan and fly to NY and pick it up himself !
#23
Race Director
Member Since: May 2011
Location: Bayou Country LA
Posts: 15,087
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St. Jude Donor '11-'12-'13-'14-'15-'16-'17
I sold my F250 to a guy who flew in from Texas. His bank was asking for me to sign some paperwork before the sale and I just told them they have to find another way to process the buyers loan. I told them I will only sign documents at my bank; which we ended up doing.
#26
Hahahahahaha.....I sold my first Z06 to a preacher. Then I felt guilty when small things would break and fixed them for him for free (headlight motors). He paid cash for the car and ended up selling it cause he got so many bad looks from members of his church and other ministers. Now that I think about it, he had a huge house and was getting a swimming pool put in. I'm thinking engineering was the wrong profession!
#27
Pro
I just sold Corvette to a guy from Texas. He had his credit union cut a check and they told him to bring back the title when he flew out to pick up the car. I talked to the credit union to verify that they were legit. Everything went extremely smooth. Good luck on your sale.
#29
Drifting
I recently sold my motorcycle to a buyer in Illinois while I'm stationed in Florida. We had to go back and forth a few times between banks to get the info to each other and get the banks to somewhat talk to each other.
Personally I would get his banks info and his member number and call them directly. I basically searched every phone number and any info he gave me and everything cleared. I didn't have the title since it was still under lien so I sent him a bill of sale just in case and I got my money the day or so before directly deposited in my account. It's just hard if both parties are legit since you never see each other so it's always a worry for each person.
All he should need to get the loan approved is the VIN number, mileage, your info and your banks info. Give him that info and have his bank contact your bank or yourself. If he wants the car badly enough he will get his bank to work with you.
Personally I would get his banks info and his member number and call them directly. I basically searched every phone number and any info he gave me and everything cleared. I didn't have the title since it was still under lien so I sent him a bill of sale just in case and I got my money the day or so before directly deposited in my account. It's just hard if both parties are legit since you never see each other so it's always a worry for each person.
All he should need to get the loan approved is the VIN number, mileage, your info and your banks info. Give him that info and have his bank contact your bank or yourself. If he wants the car badly enough he will get his bank to work with you.
#33
Safety Car
I have millions of dollars I need to move to the US and if you would give me your bank account # I will send it to you!!
Last edited by REDC4CORVETTE; 05-07-2013 at 06:59 AM.
#35
Melting Slicks
This isn't that far off. When I bought my GS from a private party who had it financed we had to do something similar at my bank. They needed the POA as he didn't have the title. He had to be present to give the bank his personal info and then they gave him a check for the difference of the pay off and the sale price. I had to sign my loan docs. at the same time. So that part sound legit. The BS part of the deal is having to do this 2000 miles away. Find a local buyer.
He just may be a minister, call the town he lives in and check the local churches. Now go and pray for forgiveness..........
He just may be a minister, call the town he lives in and check the local churches. Now go and pray for forgiveness..........
#40
Le Mans Master