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Tractor Talk Discussion Board

Re: ? about a sale with cashier's check


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Posted by bc on April 14, 2010 at 08:25:32 from (68.92.139.215):

In Reply to: ? about a sale with cashier's check posted by redtom on April 13, 2010 at 19:29:44:

There are a number of options here. You could set your email account up with paypal and your bank so someone can send it by paypal to your email. Most people on ebay are set up with paypay. Just need to add the email account. I transfer money to my daughter that way.

With cc checks, the people usually come on a weekend when banks are closed. I have been able to call his bank and give them the check number just to make sure it isn't counterfeit but that doesn't fix buyer's remorse.

I don't like postal money orders and other money orders as the buyer/payer because if they get lost in the mail, it is a real pain to file a claim.

For a large ticket item that he wants to pick up, then it cash and carry. He can take the cc to his bank and exchange it for cash before he hits the road. Then your only worry is if it is counterfeit. It's easier to counterfeit checks that greenbacks though.

Just have him cash his check and bring you a stack of Ben Franklins. Then have a bill of sale ready and along with the usual sold as is, where is, no warranties express or implied as to fitness for a purpose or merchantability. If it has some major defects such as doesn't run, burns oil, wrecked, and so on, note that on the bill of sale. Mark it cash received and both of you sign it. Have two copies so each one gets an original. He will need the bill of sale for tax purposes if nothing else. And to help protect yourself, take a series of pictures from all angles. Give him a printout (or thumbnail printout) of them as well. So when it gets wrecked or vandalized on the way to its new home, the pics will help defer blame away from you. If it is a smoker with lots of blowby, a pic showing the smoke would be to your advantage as well. Taking a pic of all the defects and then pointing them out to him along with handing over a copy of the pics will help defer any future claim away from you.


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