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#1
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Out of state purchase
Wanted opinions on what has worked well for others as paying for and getting the title on something like an ebay car. If the car will be shipped from someone you dont know, do you wire a payment (maybe PayPal but never done anything this high priced?) Then have them over night the title before the car is shipped? Didn't buy anything yet just trying to be prepared
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Bill |
#2
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Hi Bill i have bought a few cars out of state, what works for me is a wire as a payment for the car, get them to send you a email of the deal, vin# etc. and get them to over night your title, PS if you do the wire you can have the bank on both ends explain or note that's what these funds are for. safe for both sides. good luck
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#3
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Also, its a good idea to go and look at the vehicle in
Person. If not then have someone you trust look at it. Saves alot of potential headaches.
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Tony |
#4
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good advice...
Quote:
measure twice...cut once. wilma
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02 Berger 380hp #95 Lots of L78 Novas Join National Nostalgic Nova! 70 Orange Cooler 69 Camaro |
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dykstra (03-21-2018) |
#5
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Regarding payment, I like to have the seller overnight me the title, POP, build sheet or something of value after I send him a deposit. You are at risk if you send a deposit, but at least you are not out a large sum if you just give a deposit. Try to limit the deposit to as little as possible. Try to get something from the seller that is meaningful in case the deal goes sideways. That is my strategy.
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65 Corvette Coupe L78 67 427/390 Vette Coupe unrestored 67 L-79 Vette roadster (Top Flight) 69 L71 Roadster Survivor 69 L46 Roadster Survivor (Sold) 69 Z/28 RS 69 Dodge Charger R/T 70 W30 442 Auto Air Survivor 2016 Z06 Coupe M7 70 AAR Cuda (Sold) 69 L78 Chevelle |
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markinnaples (03-13-2018) |
#6
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I've done a ton of transactions both ways and have never had a problem. As mentioned, wire transfer with documentation of what the transfer is for, I believe, is the best way. |
#7
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I hire a local attorney. Title and paperwork plus the car delivered to a storage yard in my name.
Usually costs around $250.
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"Knowledge is good" Emil Fabor 67 L/78 Camaro SS/RS H-H,1W,2LGSR,3SL,4K,5BY. (Sold) 70 L/78 Nova M-21,Black Cherry,Sandalwood Int. 09 Pontiac G8 GT Premium,Sport,Roof. Liquid Red. |
#8
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I've bought and sold several cars and motorcycles on eBay. I've never done an in-person inspection, but I guess I've been lucky as everything I've gotten was as-stated by the seller. I use PayPal for the deposit generally because if you use it in conjunction with eBay, you get certain guarantees regarding the transaction and the funds sent. A lot of times the seller has their preference or requirements for payments, but I prefer sending them a bank check. I work in banking and sending a wire generally gives you the least amount of recourse as once the wired funds are gone, there is limited possibility of getting them back (which is why international scammers always request a wire transfer). At least with a bank check, there is a trail of where the money went and sometimes a little time to play with before it's cleared and the funds are gone.
One thing I watch (hasn't been mentioned but I'm sure everyone pays attention to this) is their feedback on eBay. That is very telling. Bad, limited, or no feedback are huge signs of a seller who may not be able to be trusted and probably not worth working with unless you can do the in-person inspection. And obviously, if possible, get the in-person, friend or paid inspection done as that's the safest but I've done OK with not having them done. Probably just lucky as there are a lot of scammers on eBay.
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1968 Camaro Ex-ISCA Show Car John 10:30 |
#9
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I have bought 3 cars sight unseen. From guys on this site (LOL). In very case the cars exceeded my expectations and were better than described.
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1969 Hugger Orange RS COPO (Sold) 1969 Garnet Red Z28 1969 Super Bee (Sold) 1965 Pontiac Lemans |
#10
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I would feel safe here. Too many horror stories to take chances with someone you don't know. Anything can happen.
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"Knowledge is good" Emil Fabor 67 L/78 Camaro SS/RS H-H,1W,2LGSR,3SL,4K,5BY. (Sold) 70 L/78 Nova M-21,Black Cherry,Sandalwood Int. 09 Pontiac G8 GT Premium,Sport,Roof. Liquid Red. |
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dykstra (03-21-2018) |
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