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    bagel2756's Avatar
    bagel2756 Posts: 26, Reputation: 1
    New Member
    		  
    #1

    Dec 29, 2011, 03:11 PM
    What is the sure way of getting paid, if selling my car to a private party?
    With a bank check or wire transfer or just cash.
    Mini_Her's Avatar
    Mini_Her Posts: 145, Reputation: 4
    Junior Member
    		  
    #2

    Dec 29, 2011, 03:23 PM
    Are you selling to someone in a different country?
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
    Uber Member
    		  
    #3

    Dec 29, 2011, 03:59 PM
    Cash is best. If it is a bank check, go to the bank with the intended purchaser and make sure you can cash the check. Then, transfer the title at the bank.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #4

    Dec 29, 2011, 04:13 PM
    Agree, At their bank, if they pay you with check, you cash it at their bank, and get the cash.

    Cash at your bank is better, you can deposit it when you get the cash, you are safer in bank taking cash. And then you sign the title.

    The fact you even mentioned wire transfer worries me, that is often mentioned in fraud schemes where they want to do a check or wire transfer and you mail them a title.
    slapshot_oi's Avatar
    slapshot_oi Posts: 1,537, Reputation: 589
    Ultra Member
    		  
    #5

    Dec 29, 2011, 04:19 PM
    Get cash if you can, bank check if you can't, and don't accept a wire transfer.

    Also, do not forget to write up a bill of sale and have the buyer sign it. If anything goes wrong, that will help you in court.
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