Hey guys, What is the preferred method of buying a car out of state? I'm thinking eBay/PayPal but they'll take a chunk from the buyer. If I send over any
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11-14-2013, 11:09 AM | #1 (permalink) |
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Buying out of state from a private seller
Hey guys,
What is the preferred method of buying a car out of state? I'm thinking eBay/PayPal but they'll take a chunk from the buyer. If I send over any money without having the car and title, I'm worried they just sell it to someone else local! Or if I say I'll come and give you a cashiers check, whats to stop them from selling it local and then I'm stuck in a state without anything. Buyer/Sellers, what have you done in the past where both parties felt secure with the transaction? |
11-14-2013, 11:37 AM | #3 (permalink) |
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Make sure you buy a round trip ticket. I bought my car from a dealer out of state, and I bought a one way ticket. If I had a return flight home, I'd have told them to refund my deposit and keep the car since they were idiots. Don't paint yourself into a corner by not having a flight home.
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11-14-2013, 11:50 AM | #4 (permalink) |
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Well the seller should cover their end with the proper amount to cover any fees. If they dont leave themselves room shame on them.
I have sold 3 motorcycles on ebay, 1 car, and currently have my Z listed. I have also purchased 1 car on eBay, and 1 car out of state. It is very easy if both parties have decent to good communication. You have many options the best IMO would be to get a loan for some amount so your bank goes after the title. It also helps if they still have a balance owed. I do not know if you have a relationship with you bank manager, or a loan officer, but I usually take her the info on the car or motorcycle, the contacts she needs, then she does all the leg work. If you have any questions shoot me a PM I will help out anyway I can.
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