How can I ensure that if they pay by check it is good? Or how can I protect myself from a fraud transaction? Should I not hand over title to car until check clears?
2006-09-30 11:37:26 · 8 answers · asked by Dave 6 in Cars & Transportation ➔ Buying & Selling
NEVER TAKE A CHECK when selling a car. Cash or Money Order only from well known establishments.
Good luck Hon.
2006-09-30 11:46:10 · answer #1 · answered by Gothic Martha™ 6 · 0⤊ 0⤋
If i were you I'd suggest cash or a cashiers check from their bank......NEVER EVER accept a personal check from a stranger when selling something UNLESS you hold what they purchased and if possible go to their bank and cash the check if the check is from out of town 30-40-miles then deposit it when it clears you'll then go ahead with signing over all rights to the buyer.. Good luck
2006-09-30 11:42:38 · answer #2 · answered by Brenda H 2 · 0⤊ 0⤋
don't take a check ever when selling a car tell him you want cash or a money order. don't hand over the keys untill he has the money in your hand.
2006-09-30 11:39:46 · answer #3 · answered by mustang656 4 · 0⤊ 0⤋
hi, i wouldnt take a check.. My dad did that once and he deposited the check and it didnt clear.. the guy didnt have enough money to cover it.. BUT it did eventually go through..
Hope everything works out!!
2006-09-30 11:44:23 · answer #4 · answered by christen 2 · 0⤊ 0⤋
Have them go to there bank and get cash.If the check is good.The cash is in the bank.Don't accept the check.
2006-10-04 10:22:35 · answer #5 · answered by George K 6 · 0⤊ 0⤋
tell them to pay with a chasier's check instead... u have to have the money in order to write a cashier's check...
2006-10-04 09:28:00 · answer #6 · answered by J.J. 1 · 0⤊ 0⤋
Never a check, only cash.
2006-10-03 17:32:27 · answer #7 · answered by wazup1971 6 · 0⤊ 0⤋
don't take a personal check
2006-09-30 11:45:49 · answer #8 · answered by Stephanie73 6 · 0⤊ 0⤋