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Reply to "1972 Pre-L for sale, #2518"

quote:
Originally posted by No Quarter:
A thought, how do I get paid. Usually when I've sold cars they have been low value and in Denmark, so cash or bank certified cheque has worked fine. I'd rather not have up to $135k in cash at any time....

Any advice on how to handle payment in a safe way for both buyer and seller?


There has to be an element of trust or for piece of mind use an escrow account. I have always wired the money to the sellers account and had the same in my account as a seller, then the title is couriered overnight to the new owner (assuming it does not have to accompany the vehicle for importation etc.) and the car ships as soon as it can be picked up. I do spend some time with the seller on the phone (if I am not personally inspecting the vehicle) and an internet search to verify he/she is who they say they are and address etc., plus get a copy of an ID (license, passport etc.)

What's the newer dream car?

Julian
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