[DeTomaso] selling a car on the internet question

[Jeff Cobb]

Bypass all of this by cashing the cashiers checker or stating wired funds not a cashiers check. End of story.

Jeff Cobb


On Aug 24, 2013, at 11:54 AM, Jeff Detrich <jjdetrich at gmail.com> wrote:

> Why pay the PayPal fees?
> 
> This is scary!
> 
> Cashier Check Fraud
> http://www.occ.gov/news-issuances/consumer-advisories/2007/consumer-advisory-2007-1.html
> 
>> From Craig's list
> http://www.craigslist.org/about/scams
> 
>> From eBay  How to verify a cashiers check
> http://www.ebay.com/gds/How-to-tell-if-a-CASHIER-apos-S-CHECK-IS-FAKE-in-30-seconds-/10000000003567893/g.html
> 
> PayPal problems
> http://www.theguardian.com/money/2012/jan/27/is-paypal-safe-protection
> 
> 
> Jeff
> 6559
> 
> 
> On Fri, Aug 23, 2013 at 2:28 PM, <LaurieFerrari at aol.com> wrote:
> 
>> The posts on this topic are interesting and helpful.  I  recently had a '96
>> Eldorado for sale on Craigslist and got a phone text  message (not a direct
>> call) from a Texas number. The person wanted the car  and my pay pal info.
>> Didn't negotiate at all which seemed odd.   Said they were sending their
>> shipper to pick it up.  I said I didn't have  a pay pal acct. and they
>> told me
>> how easy it was to sign up and sent  me a link.  I was skeptical as I've
>> never done this before and asked a  friend who is a car dealer.  He said it
>> was definitely a scam.   I'm curious what type scam this could have been?
>>> From what I'm reading, I  suppose if I'd deliver the car before receiving
>> payment, that'd be the  problem?  Can there be any problem with pay pal or
>> one
>> canceling a  payment?
>> Laur.
>> 
>> ----------------------------------------------------------------------------
>> -------------------------------------------------
>> 
>> Wait!  What's the date today?  No, it's not April Fools  Day!  Ok the
>> answer is "NO!"  Do NOT send the pink slip with only 50%  of the cash
>> received!
>> He owns the car, for half price at that  point.
>> 
>> Options:
>> 1. He send wire you all the money., Then you send him  the pink slip. Then
>> his carrier picks up the car.
>> You  might provide a signed bill of sale and photocopy of the signed pink
>> slip with  change of ownership info filled out to give him piece of
>> mindwhen
>> he sends the  funds, but don't release the pink until all funds are
>> received
>> and verified  good.
>> 2. He can hire an agent or friend to hand deliver the cashier's check  in
>> exchange for the pink slip, so you get your cash and he gets the title at
>> the
>> same time.
>> 
>> 3. Use an escrow service. He pays for the fees since it's for  his
>> protection.
>> 
>> 
>> Never release the title until you have "good" funds  - verified cashiers
>> check, wire transfer, cash,  etc.
>> 
>> Cheers!
>> Garth
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