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Thread: Selling a car question...who to sign title over to?

  1. #21

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    By the way, if he's withdrawing the funds from an account, just have him bring cash. There have been lots of fake cashier's checks around. I had a friend that sold his son's motorcycle on a cashier's check. The check was bad and the buyers were long gone. No reason not to use cash. Besides, you get to feel baller for a day carrying a big wad from the sale to your bank.

  2. #22

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    ^^ This. If the loan is cleared to his account, there's no real reason to not just give you cash. If it would put you more at ease to have actual cash in hand, he should have no problems with doing just that if he's legit.

    EDIT: Unless you're like me and blow through cash in a few minutes. If I have any amount of cash in my pocket for more than 10 minutes, it must be a late Sunday night...I have absolutely no willpower when it comes to not spending cash-cash. So then cash would be a bad idea.

  3. #23

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    Thanks guys. I'm fine with a cashiers check and will have my bank give me the OK that it's legitimate before signing the title over. That's part of the reason that he's meeting me at my bank.
    VW Bug in running shoes
    M Porcupine sedan
    M Porcupine coupe
    Crusty old e46 beater
    Battery Powered appliance car

  4. #24

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    Quote Originally Posted by tailchaser View Post
    Had a couple of 128 loaners... not sure what the price split from 135 to 335 is, but the 128 never felt any smaller or lighter than my 328 WAGON, but it was definitely noisier, rougher and the interior felt cheaper. YMMV, but i'd go 335. Actually, I'd go 328, since ya can't get the 335 wagon stateside... I try and keep my friend with the m3 nervous with the knowledge that his drivetrain will fit nicely in my wagon...
    Price is about the same in the used market for 135 and 335 with similar mileage and options actually. The only reason I thought about the 1 is that it might be a little more nimble and fun to drive plus you don't see them every 5 minutes like you do with the 3 series. The backseat room on the 1 is siginificantly less than the 3 though. The 335 coupe is surprisingly roomy in the back (about a foot of room between my knees and the seat back). Looks like I'll be going 335 coupe.
    VW Bug in running shoes
    M Porcupine sedan
    M Porcupine coupe
    Crusty old e46 beater
    Battery Powered appliance car

  5. #25

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    I think the 335 is sweet. Sat in KenO's 335 sedan back seat at the Pro to warm up, and it was excellent.

    As for the cash withdrawl, the bank might have funded the loan, but via the cashier's check.

    Cosmos - how are you going to get your clubs to the course on sunday?? :)
    Polished Turd Racing

    Mick wrote: "I think Jerrett is the best autocrosser I have ever seen naked."

  6. #26

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    BTW - have you checked out a used CTS-V as an option? That's the object of my car-lust for a DD once the MX-5 is paid-off at the end of the year...
    Polished Turd Racing

    Mick wrote: "I think Jerrett is the best autocrosser I have ever seen naked."

  7. #27

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    Quote Originally Posted by OZMDD View Post
    I think the 335 is sweet. Sat in KenO's 335 sedan back seat at the Pro to warm up, and it was excellent.

    As for the cash withdrawl, the bank might have funded the loan, but via the cashier's check.

    Cosmos - how are you going to get your clubs to the course on sunday?? :)
    I drove Ken's car with the chip, felt fast!

    Crap, I actually don't know if I'm going to walk. Might have to swap cars with the wifey for the day. Did we decide if we're playing??

    As for the CTS-V, not really interested in the old one. Like the new one but mega $$$. I thought about one of the big hp sedans like the E39 M5, E55 AMG but too much gas, too much maintenance, don't need that much space.
    VW Bug in running shoes
    M Porcupine sedan
    M Porcupine coupe
    Crusty old e46 beater
    Battery Powered appliance car

  8. #28

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    You can get a bill of sale, have it notarized, baptized, and sterilized but here's what one nice lady at the Tax Assessor's office told me "We don't recognize any bill of sale".

  9. #29

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    Quote Originally Posted by cam76034 View Post
    You can get a bill of sale, have it notarized, baptized, and sterilized but here's what one nice lady at the Tax Assessor's office told me "We don't recognize any bill of sale".
    Yes, but the tax office is the buyer's problem, not the seller's. The BOS provides a legal document to show that you sold the vehicle in good faith and are no longer the legal owner. Also, it defines any conditions of the sale, or lack thereof.
    Polished Turd Racing

    Mick wrote: "I think Jerrett is the best autocrosser I have ever seen naked."

  10. #30

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    Update...cash is king. I got the cashiers check from Viewpoint, went to my bank with the buyer and asked the teller to triple check and make sure it would clear immediately, no holds. She confirmed, I deposited the check signed over the title/keys etc. Found out there was a hold over the weekend since it was a large amount. Luckily the kid is honest and it finally cleared this morning but I will certainly ask for cash $100 bills next time and have my bank verify they are real.

    Thanks everyone! Off to find a new ride.
    VW Bug in running shoes
    M Porcupine sedan
    M Porcupine coupe
    Crusty old e46 beater
    Battery Powered appliance car

  11. #31

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    Was your s2000 white with red interior ?

    My friend just bought one a few days ago

  12. #32

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    Quote Originally Posted by NissanFairladyZ32 View Post
    Was your s2000 white with red interior ?

    My friend just bought one a few days ago
    Yes
    VW Bug in running shoes
    M Porcupine sedan
    M Porcupine coupe
    Crusty old e46 beater
    Battery Powered appliance car

  13. #33

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    You must be the guy he bought it from, sadly he cant drive a 5 speed yet but he will learn,

    i cant believe it was a "2000" model it looks in better condition then some 06 & 07 s2000s ive seen, beautiful car.

  14. #34

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    Quote Originally Posted by NissanFairladyZ32 View Post
    You must be the guy he bought it from, sadly he cant drive a 5 speed yet but he will learn,

    i cant believe it was a "2000" model it looks in better condition then some 06 & 07 s2000s ive seen, beautiful car.
    Yes, sounds like the same guy. It was very clean, people asked me if it's an 05/06 all the time. They didn't believe it was a 100K+ mile 2000 model. I hope he enjoys it.
    VW Bug in running shoes
    M Porcupine sedan
    M Porcupine coupe
    Crusty old e46 beater
    Battery Powered appliance car

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