 using escrow.com for car sale |
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| stecz |
 Jun 2 2006, 09:11 PM
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#1
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Member  Group: Members Posts: 61 Joined: 20-February 04 From: Cedar Park, TX Member No.: 1,688  |
Has anyone used this service for the sale of a car.
I might have an overseas buyer (no funny business with checks that are too large, etc...) and they want to use escrow.com until I deliver the car to the shipping company. anyone done this? what's the process? What are the risks? John |
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Replies(1 - 2)
| pib |
Jun 2 2006, 09:52 PM
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#2
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Re Member Group: Members Posts: 116 Joined: 5-February 06 From: Monterey, CA Member No.: 5,530 |
I did some checking on this a while back, for a deal which turned out to be a total scam. I think the bottom line was that escrow.com is pretty much the only on-line escrow service that's licensed in California. My deal didn't go through, so I don't have any actual experience with the process, but I'm sure glad I took the time to check.
Good luck! (IMG:style_emoticons/default/smile.gif) |
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| drive-ability |
Jun 3 2006, 11:20 AM
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#3
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Senior Member Group: Members Posts: 1,169 Joined: 18-March 05 From: Orange County, California Member No.: 3,782 |
I used them when I bough my V8 car. The seller and car were in Minnesota. It was a good deal for me. There were more rust issues but we worked it out. Without the escrow I would have had no leverage/protection at all.
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