[DeTomaso] NPC - Selling a car on the Internet - question
michael@michaelshortt.com
michaelsavga at gmail.com
Fri Aug 23 07:42:14 EDT 2013
No. The car doesn't leave until it is paid for in full and the pink slip
goes with it.
He had the car inspected ( smart ), it is his shipper, exactly in what way
are you still responsible?
Not to mention the insurance implications of carrying coverage on a car
that you technically do no own.
Don't do it.
IMHO
Michael Shortt
On Aug 23, 2013 5:57 AM, "Brent Stewart" <bjbstewart at yahoo.com> wrote:
>
>
> Appreciate any advice you may have, as I haven't done this before. Here
> is the situation. I listed a car on craigslist, and it was found by
> someone in Florida. We negotiated a price, then he ordered an independent
> inspector to come by, and wired me a $500 deposit. He has now reviewed the
> inspectors report, and is happy with it, and wants to proceed with the
> transaction. He is suggesting that now:
>
> 1) he wires me 50% of the money, then
> 2) i mail him the pink slip, then
> 3) he wires me remaining 50% of the money, then
> 4) he schedules a transportation service to get the car.
>
> Does that sound reasonable? What are the risks? Is there a "normal" way
> to do this? I know we could use an escrow service, but that can be a mess
> too.
>
> appreciate any insights from those that may have crossed this bridge
> before...
>
> thanks,
> brent
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