Looking for sale advice please.

fordgtMember

I have an offer for my car and I am looking for advice on the sale process. He is buying it as is and I have the title. Let’s just say it is considerably more than the $17.5 I paid for it almost 40 years ago.

What is the best/safest way to do a transaction? Wire transfer? I had a friend sell his maybe 15 years ago for $65k. The guy came to Florida with a trailer and a briefcase filled with cash. My friend said it was the only way he bought/sold cars.

I know the buyer so I am not worried about any kind of shady deals but what is the best way to do this?
Thanks

2 hours ago

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adamMember

Cash works, get a marker from a staples it will leave a different color mark if it is a bad bill. Lots of bills to mark.

Or you can go to you bank and have them run it thru the counter/ checker, but they might want to know where it is coming from.

Wire transfer works great.

Cashiers check only check to take, call their bank to verify just to be safe

2 hours ago

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LeMans850iMember

Wire transfer would be my preference!

large amounts of cash raise eyebrows and red flags….

2 hours ago

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joules"Racing is Life, anything before or after is just waiting" - Steve McQueen

If you know and trust the buyer it's not as big a concern, for an unknown buyer I'd insist on wire transfer and have it clear into my bank before releasing the car and title.

2 hours ago

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