Slightly OT, I sold my 944S2 on ebay...., How do I close the transaction? |
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Slightly OT, I sold my 944S2 on ebay...., How do I close the transaction? |
jasons |
May 16 2007, 09:28 AM
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#1
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Jackstand Extraordinaire Group: Members Posts: 2,002 Joined: 19-August 04 From: Scottsdale, AZ Member No.: 2,573 Region Association: None |
So I sold my water pumper Porsche on ebay. Took a deposit via paypal and the buyer is overnighting me a bank check. Can the buyer put a stop on the bank check? Should I overnight the title, as opposed to sending it with the car?
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boxstr |
May 16 2007, 11:22 AM
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#2
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MEMBER:PACIFIC NORTHWEST REGION Group: Members Posts: 7,522 Joined: 25-December 02 From: OREGON Member No.: 12 Region Association: Pacific Northwest |
This really isn't that big a deal. First off, stay in communication with the buyer. Not doing so will send a deal south so quick. Get a phone number and call the buyer. Put them at ease that the deal is legit, and you will hold up your end of the transaction. Inform the buyer of what you plan to do. You just wait until the check clears at the bank. Personally I use wire transfers, Guaranteed funds.
Never ever send a title with the car, it can get lost. Send it registered or certified. That way the buyer signs for the receipt of the title. Stay in communication. The escrow service can be faulty, I won't go into that transaction. As long as you speak to the buyer and keep them apprised of what is going on they will feel that this is the best thing sionce sliced bread. If you have to transport the car. Help the buyer "only" by supplying them with names and numbers. Be their when the transport driver arrives and get he car on the trailer. Also, inform the driver of the transport not to leave the key in the on position. Also tell the transport driver of any quuirly things about the car. It make slife easier for everyone. CCLIN914NATION |
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