I attempted to buy a vehicle from an individual and ended up walking away because we couldn't come to terms (price wasn't an issue). He wanted me to give him a check (cashiers check was the same - he didn't trust either), he would give me a handwritten receipt for it, then he would send it through, and if it cleared, he would deliver the vehicle. I immediately said no. I offered to meet him at a mutually agreeable Bank and the bank could verify the funds and he could hand me the bill of sale and title. He didn't like this because "I might run to another bank and withdraw my money before the check actually cleared. Actually, that's what he was worried about all the way around. He was afraid of a cashiers check too, even if I bought it at the bank of his choice and handed it to him on the spot after the bank verified they would get their money.... He was once again worried that I would go take the money out before the check cleared....<br /><br />Needless to say, this deal ended up smelling really bad and we ended up walking away from the and we're not going to try it again with this individual. I didn't really smell a scam, just paranoia. I couldn't find any reasonable way to make the deal work. He's sure that others would deal this way... And that no dealer would take a personal OR cashiers check and let you have the vehicle before it cleared -news to me, I bought my last 3 vehicles just liek that, gave teh dealera check, they may or may not verify it with the bank as they wished, I left with my vehicle and teh title came in the mail a couple weeks later...<br /> <br />I refuse to give a check like that. When it is cashed, it's virtually untraceable after that. I don't think his stance is reasonable. There was another snag to the deal that really finished it off, but it is irrelevant to this discussion. <br /><br />After the above, I don't want to do business with this individual, so my question is for future knowledge.<br /><br />For those that buy/sell this way often, how do you handle funds transfer?
