 Security for a PPI ? |
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| Literati914 |
 Aug 5 2025, 02:06 PM
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Advanced Member  Group: Members Posts: 2,051 Joined: 16-November 06 From: Dallas, TX Member No.: 7,222 Region Association: Southwest Region  |
I've been in talks for a couple weeks with a local who's trying to buy my finished project car. He wants to have it picked up and taken to a local shop (who supposedly does Porsche race builds, etc). I don't really know the buyer that well, besides meeting him when he first came to see the car and test drive it (seems like an honest character). I have the title and I'll keep that until the actual sale, but what steps should be taken to insure nothing nefarious takes place? (IMG:style_emoticons/default/shades.gif)
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| JeffBowlsby |
Aug 5 2025, 02:21 PM
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914 Wiring Harnesses & Beekeeper Group: Members Posts: 8,997 Joined: 7-January 03 From: San Ramon CA Member No.: 104 Region Association: None 
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Consider taking it to the PPI shop yourself and staying there, drive it home. Or maybe ask the buyer to take possession of it immediately after the PPI is accepted. Even after an acceptable PPI, buyer would need to trust that you do not do anything to the car, his taking immediate possession eliminates that and you get paid faster.
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Posts in this topic
Literati914 Security for a PPI ? Aug 5 2025, 02:06 PM
Chris914n6 Nope. He can have a mechanic come to my house and ... Aug 5 2025, 02:33 PM Chris914n6 Side note. Couple of weeks? Is he haggling the pri... Aug 5 2025, 02:38 PM Literati914
Side note. Couple of weeks? Is he haggling the pr... Aug 5 2025, 02:51 PM mlindner Doug, do you have it insured.... I'm with Jeff... Aug 5 2025, 03:09 PM mepstein
I've been in talks for a couple weeks with a ... Aug 5 2025, 03:38 PM SirAndy Rent a trailer, get the car to the shop, stay ther... Aug 5 2025, 03:42 PM flxzcat Once you take your eyes off the car you lose contr... Aug 5 2025, 03:49 PM Cairo94507 Have the potential buyer arrange a PPI within a re... Aug 6 2025, 07:02 AM
mepstein
This is always a nightmare situation when sellin... Aug 6 2025, 05:11 PM Superhawk996
This is always a nightmare situation when selli... Aug 6 2025, 06:28 PM rhodyguy I would not do anything until the deal is sealed. ... Aug 6 2025, 04:21 PM emerygt350 This is why I hate selling cars. And when I buy a... Aug 6 2025, 06:42 PM |
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