andy01
05-18-2007, 07:37 AM
I know there are a ton of scams on buying and selling cars on ebay and such. I have someone that wants to buy my Vette from the Corvette Forum I have it on. Here's his e-mail. The only thing that looks fishy is dropping the car before they release funds.
Anyone delt with this before? What is the safest way to handle this for both parties involved? I told the guy I would do it if it was simple and safe on my side.
"I think it is simple, but you may not. I will explain how it is done to protect both you and me seeing as we have no idea who each other is.
Firstly I deposit the complete amount in a special trading bank acct, when you are sure the funds are there (check with the bank), you take the delivery documents to the bank and they release the money to you. The bank act as a go between. You do not release the car and title until the money is in the bank. The bank do not release the money till you show them the local delivery docs. I cannot get at the funds once they are in the bank unless you default at your end.
The only complex thing is me getting to car delivered to the port in Los Angeles (I forget the address at the moment). I can arrange and pay for that. You could even deliver the car and get a receipt for it if you wanted to.
This is a fairly std way of doing transactions across countries when the parties have no idea if the other can be trusted. I forget what the acct type is called, but a simple call to the bank will let you know.
I do hope we can work together, I am VERY interested in your car, it looks great. I just bought another C3 after my other one was stolen but the only thing pleasurable about driving those things daily is getting out of them.
Can you tell me a bit about the car, any accidents, vin# etc.
Thanks"
Thank you for any help,
Andy
Anyone delt with this before? What is the safest way to handle this for both parties involved? I told the guy I would do it if it was simple and safe on my side.
"I think it is simple, but you may not. I will explain how it is done to protect both you and me seeing as we have no idea who each other is.
Firstly I deposit the complete amount in a special trading bank acct, when you are sure the funds are there (check with the bank), you take the delivery documents to the bank and they release the money to you. The bank act as a go between. You do not release the car and title until the money is in the bank. The bank do not release the money till you show them the local delivery docs. I cannot get at the funds once they are in the bank unless you default at your end.
The only complex thing is me getting to car delivered to the port in Los Angeles (I forget the address at the moment). I can arrange and pay for that. You could even deliver the car and get a receipt for it if you wanted to.
This is a fairly std way of doing transactions across countries when the parties have no idea if the other can be trusted. I forget what the acct type is called, but a simple call to the bank will let you know.
I do hope we can work together, I am VERY interested in your car, it looks great. I just bought another C3 after my other one was stolen but the only thing pleasurable about driving those things daily is getting out of them.
Can you tell me a bit about the car, any accidents, vin# etc.
Thanks"
Thank you for any help,
Andy