2007-05-09 06:35:40 · 10 answers · asked by bucklewfan1 1 in Cars & Transportation ➔ Buying & Selling
Thanks all...It seems cash wins! I just had a hard time imagining someone handing over 5,000 in cash...makes me so nervous I have to pee...
2007-05-09 07:12:26 · update #1
Cashiers checks can be easily faked.
I would have them write me a personal check, and then go to their bank with them, and have it cashed. For a small fee, you can have that money wired to your bank account. That way you're not walking around with $5,000 in cash.
Or conversely, go down to their bank, and ask them to wire the cash into your account, and take the receipt of wire transfer.
2007-05-09 12:39:35 · answer #1 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
Cash
2007-05-09 06:39:11 · answer #2 · answered by $1,539,684,631,121 Clinton Debt 6 · 0⤊ 0⤋
I have had bank checks Travelers checks and money orders show up as either counterfit or invalid.
I would accept cash or Cash! If they want the car they will find the cash.
2007-05-09 06:49:08 · answer #3 · answered by Uncle Red 6 · 0⤊ 0⤋
Like others have said, you're pretty much screwed. That's the risk of co-signing a loan, if the other defaults, you're on the hook for it. Well your first warning sign should've been that at his age (guessing early 30s) he shouldn't have a problem getting a loan on his own, unless he's defaulted before and ruined his credit. I guess you can sue him in small claims.... but if he can't pay the creditor, he probably can't pay you either. And even if you win, judgements are capped at $5000 in most states.
2016-05-19 00:40:23 · answer #4 · answered by ? 3 · 0⤊ 0⤋
i would ask for strait out cash ,checks can easily be stolen or they can cancel a check on you ,if something happens to the vehicle ,i always get cash on a sale ,this way you don't have to wonder about it,that's the best method of payment for anything,good luck hope his helps.
2007-05-09 06:43:42 · answer #5 · answered by dodge man 7 · 0⤊ 1⤋
Yes.. Cash is king ... You could also go to their bank with them.. This is a safe way to have your purchase agreement also notorized... You do have an agreement written up right?
2007-05-09 07:21:29 · answer #6 · answered by Vindicatedfather 4 · 0⤊ 0⤋
Bank check
2007-05-09 06:39:05 · answer #7 · answered by jon_mac_usa_007 7 · 0⤊ 0⤋
cashier's check or money order if the person doesn't have cash.
2007-05-09 10:25:32 · answer #8 · answered by S17V 4 · 0⤊ 0⤋
cash only
2007-05-09 07:03:47 · answer #9 · answered by Anonymous · 0⤊ 0⤋
1- cash
2 - Postal money order
3- cashiers check
4- paypal (www.paypal.com)
2007-05-09 06:41:49 · answer #10 · answered by Anonymous · 0⤊ 0⤋