does this sound fishy?
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Originally Posted by 07RioS2k,Oct 10 2008, 12:01 PM
Sounds like he is actually interested.
Nothing seems fishy one bit.
He just doesn't want to pay out of his ass to come see the car and you have a change of heart.
Nothing seems fishy one bit.
He just doesn't want to pay out of his ass to come see the car and you have a change of heart.
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Joined: Aug 2008
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From: Victoria, BC
Originally Posted by Graffy,Oct 10 2008, 12:19 PM
I just looked into something similar to this for a client. I'm not saying he isn't legit, but one very good way to be sure is to get him to give you the phone number of the bank person he is dealing with. Then google that to ensure it really is the bank, and then call them and ask what they need. Fax it direct to them.
Check out these websites, too.
http://www.carbuyingtips.com/fraud.htm
http://carsforsale.classifieds1000.c...car-scams.html
Check out these websites, too.
http://www.carbuyingtips.com/fraud.htm
http://carsforsale.classifieds1000.c...car-scams.html
good advice.
Joined: Apr 2007
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From: Lower Mainland
sounds good to go, just don't go singing anything without reading it. Maybe get a lawyer friend to read it over first.
This sounds quite normal to me actually. When I bought my car from Tenessee (me from Ontario) I didn't do this or think of this but I really should have considering it cost almost $500 to get there to even see the car.
This sounds quite normal to me actually. When I bought my car from Tenessee (me from Ontario) I didn't do this or think of this but I really should have considering it cost almost $500 to get there to even see the car.
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Joined: Apr 2008
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From: Elmsford, NY
Be very careful about signing anything. Could he alter the signed by you intent to sell letter into a purchase agreement? Then with that and the copy of the title could he register the car in his name? I may be paranoid but it sounds like alot of extra work on your part. What if someone else offers to buy the car before he shows up? Just sell it to the first person who shows up with the money.
Joined: May 2002
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From: North Carolina
A lot of banks need an agreement of purchase which includes a vin number, selling price, miles etc... that way they also know what you are buying so they can asses a value to it. He sounds legit. I would find out ahead of time the bank info so you can find out if he is approved as well.
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Joined: Jan 2007
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From: Addison, IL West side
I don't believe at all he is trying to screw you. More or else, he doesn't want to be screwed once he gets there. Just as everyone stated though, make sure you read everything before you sign. You can't blame the guy for being intelligent enough by doing this. Good luck with the transaction.
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From: Virginia
[QUOTE=Jay2000,Oct 10 2008, 04:26 PM] A lot of banks need an agreement of purchase which includes a vin number, selling price, miles etc... that way they also know what you are buying so they can asses a value to it. He sounds legit.
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From: Virginia
One more thing...... You have full coverage right? If he steals your car with a gun it's covered the same as if he stole it with a long story and some fancy paperwork. On the other hand that doesnt relieve you of the obligation to perform your due diligence and protect your property to your fullest extent. Do some checking. IF no red flags and you can talk to the person and the bank you should be fine and/or covered.