Am I Crazy - Page 2 - 6SpeedOnline - Porsche Forum and Luxury Car Resource

Apr 2, 2008 | 08:13 PM

#16

rah79

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Joined: Oct 2007

Posts: 501

From: NoVa

Rep Power: 39

I'm sure he's an honest person if he's a porsche driver

I doubt he will bring cash but like others said wire transfer is best

Good LucK

Apr 2, 2008 | 09:55 PM

#17

yrralis1

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Joined: Jan 2008

Posts: 9,108

From: South Florida

Rep Power: 529

Quote:

Originally Posted by tsmithmdtx

I appreciate all the replies and agree that wire transfer seems to be the way to go. However, a local BMW dealer is running the car through his dealership so I can get the tax credit. In reality the buyer will pay the dealer and the dealer will then cut me a check. I don't know how a wire transfer would work in this circumstance. I guess it is the dealers responsibility to assure the cashier check is legit but if it turned out to be fake I bet the dealer would come looking for me. I am still very nervous about this transaction but it will probably be ok.

If a BMW dealership is handling the transaction you will be ok . You bought a BMW ? Which?

Apr 2, 2008 | 10:31 PM

#18

keninirvine

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Joined: May 2007

Posts: 2,481

From: Blaine, Wa (not in Irvine anymore)

Rep Power: 194

I bought my Porsche on a private deal using a cashiers check that the seller watched me get from my bank (he met me there to get the check and deliver the car). I did the same with a truck I sold a year ago. I sold a MBZ while away from town 2 years ago. I had the purchase wire the money to my bank. I had the bank notify me when the funds showed up in my account, and then called my neighbor to give the keys to the purchaser. I like the wire transfer method the best, as long as you get confirmation of the transaction before you hand over the car.

Apr 3, 2008 | 01:13 AM

#19

gomez

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Joined: Apr 2007

Posts: 914

From: Del Mar, CA

Rep Power: 72

I sold my Audi S4 to a guy from edmenton canada or something like that. He flew down and I took him to my bank with the cashiers check and had the bank verify the funds to be doubly sure. They cashed it right there and I got my money and he was off. He was a good guy, one hell of a haggler but a good guy none the less.

Apr 3, 2008 | 08:13 AM

#20

NorthVan

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Joined: Jan 2008

Posts: 8,875

From: Vancouver

Rep Power: 684

Quote:

Originally Posted by gomez

Canadian's are notoriously cheap, we are forced to become hagglers to fulfill the desire to be cheap. BTW it is spelled Edmonton.

Apr 3, 2008 | 02:34 PM

#21

tsmithmdtx

Thread Starter

Registered User

Joined: Oct 2006

Posts: 278

From: Tyler, Texas

Rep Power: 0

tsmithmdtx is infamous around these parts

Just an update-We have agreed on a price and all money will be handled via wire transfer. I will miss the porsche but it wont be my last. Thanks for everyones advice.