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Is wiring funds the safest route for selling a car

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Old 10-02-2006, 08:45 AM
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Default Is wiring funds the safest route for selling a car

Well, I'm planning on selling a car. It's currently sale pending, but two guys called over the weekend saying they want the car and will wire me the money right away. I'm thinking of opening up a seperate checking/savings account and as soon as it is in, transfer it over to my primary account.

What do you guys think? With all these frauds going on, is there such thing as wiring fraud or is wired money pretty much golden?
Old 10-02-2006, 09:04 AM
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the int'l wire can be recalled ....
Old 10-02-2006, 09:07 AM
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This will be from within the country (Kansas or Chicago depending on which buyer I sell it to).
Old 10-02-2006, 09:10 AM
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The best way,,.. go to his bank, and pick up CASH.

Alot of people take cash for cars, even is it is 20K.

That's the safest
Old 10-02-2006, 09:14 AM
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Originally Posted by Back-cracker,Oct 2 2006, 09:10 AM
The best way,,.. go to his bank, and pick up CASH.

Alot of people take cash for cars, even is it is 20K.

That's the safest
I've bought and sold cars with cash before, but the problem is these guys are out of state. Is there a way I can walk into their branch and pick up the cash?
Old 10-02-2006, 09:26 AM
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Originally Posted by Saint_Spinner,Oct 2 2006, 10:14 AM
I've bought and sold cars with cash before, but the problem is these guys are out of state. Is there a way I can walk into their branch and pick up the cash?
Opps. I thought he was local.

I've never bought out of state before.. So I can't help ya. Sorry
Old 10-02-2006, 09:32 AM
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Originally Posted by Back-cracker,Oct 2 2006, 09:26 AM
Opps. I thought he was local.

I've never bought out of state before.. So I can't help ya. Sorry
No problem, man. Thanks for trying.
Old 10-02-2006, 10:23 AM
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ask them to wire the money to you before you send the car.
Old 10-02-2006, 10:59 AM
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You could always use an escrow service.
Old 10-02-2006, 12:32 PM
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Originally Posted by BoostTed,Oct 2 2006, 11:26 AM
you both go to the bank, probably his bank and have him get you a cashiers check in front of you.
Probably the best way. to thing about wiring money is they have all your outing numbers, etc. just like hne you give someone a check

what i do is get a cashiers check and wait for it to clear. then they can get there stuff.


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