09-05-2022, 03:35 PM | #23 |
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Why would you use a dealer for a private sale?
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09-05-2022, 04:34 PM | #24 |
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Some people run it through the dealer to get a tax credit on the value of the car for a future purchase. EX: Selling GT3 for $160k, pay dealer small fee to run transaction, save $12k on taxes for next purchase from that dealer. Has to be within 12 months in states that do it I think. Some dealers also do it as a courtesy for their best customers.
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09-05-2022, 04:49 PM | #25 |
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09-05-2022, 04:57 PM | #26 | |
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There are a LOT of scumbags looking to scam and rip you off in the USA. I'm just being honest.
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09-05-2022, 05:08 PM | #27 | ||
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12-08-2022, 11:31 AM | #28 |
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Has anyone verified a cashier’s check via phone call to the issuing bank?
Contemplating a private party sale in the next few months. Price will be more than I am willing to accept in banknotes, so cashier’s check is the thinking. I prefer to stipulate payment via bank wire transfer (not EFT) but hard to document a wire at time of purchase with a private party. |
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12-08-2022, 03:28 PM | #29 | |
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I also like to get power of attorney or give power of attorney with any purchase/sale just to make sure I don't have to deal with the owner/buyer ever again.
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12-09-2022, 10:24 AM | #30 | |
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12-09-2022, 10:52 AM | #32 |
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I have someone saying they want to do a transaction by cashiers check. Asking for my name and address... cashiers check worries me.
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