| Author |
Message |
Mike Eades (Mike4905)
Registered Member
Username: Mike4905
Post Number: 134
Registered: 12-2000
Posted From: 68.207.200.143
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 26, 2006 - 4:42 pm: | |
I have been approached by a potentail buyer who saw my coach advertised on this forum. He wants to buy with no money down. He has suggested that he is willing to pay too much for the coach. I am wondering if anyone has done with a stranger and was what the results were. Has anyone ever hear of Tom Smith from Pensacola, FL? |
Kyle Brandt (Kyle4501)
Registered Member
Username: Kyle4501
Post Number: 265
Registered: 9-2004
Posted From: 65.12.119.156
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 26, 2006 - 4:51 pm: | |
You need to be asking yourself 'why is he willing to pay too much for the coach?'
The first thing that comes to my mind is that he has no intention of paying.
If the banks won't loan him money (& they have the resources to collect), why should you?
Seems too shady to me. I'd be very careful here.
kyle4501 |
Bob greenwood (Bob_greenwood)
Registered Member
Username: Bob_greenwood
Post Number: 505
Registered: 7-2006
Posted From: 64.136.49.228
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 26, 2006 - 5:16 pm: | |
CASH ONLY..............ALL OF IT !!!! |
WILLIAM D. WATKINS (Sivrtnge2)
Registered Member
Username: Sivrtnge2
Post Number: 7
Registered: 11-2006
Posted From: 69.164.197.32
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 26, 2006 - 5:45 pm: | |
CASH-N-CARRY...BRING CASH THEN HE CARRY!!!
IN GOD WE TRUST...ALL OTHERS BRING CASH!!! |
john w. roan (Chessie4905)
Registered Member
Username: Chessie4905
Post Number: 366
Registered: 10-2003
Posted From: 71.58.126.56
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 26, 2006 - 5:52 pm: | |
If he wants it bad enough, he will come up with the money somehow. Cash or certified check. If he can't come up with it; forget it.How would he maintain it if he can't finance it or come up with the coin? There is a SLIGHT chance that it COULD work out, but usually, they want to pay you directly in payments, since they can't get financing.... they make one or two payments, then your are screwed, as they suddenly have " issues " and have to delay the next payment. If they are in a different state, you won't be able to do much; if same state, by the time and money is spent to get the coach back, it's received damage or worse. See if he's willing to make payments to you while you keep the coach till it is paid off. |
Erston Reisch (Erston)
Registered Member
Username: Erston
Post Number: 8
Registered: 10-2006
Posted From: 70.89.134.94
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 26, 2006 - 6:18 pm: | |
Certified checks can be forged quite convincingly. I'd insist on cash, but offer to show the bus then meet them the next day at the bank to transfer the cash and title. |
John MC9 (John_mc9)
Registered Member
Username: John_mc9
Post Number: 144
Registered: 7-2006
Posted From: 66.217.106.124
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 26, 2006 - 7:00 pm: | |
Mike -
Is that "buyer" suggesting he wants to pay time payments, or
that he wants to pay you more (by check, MO, or whatever),
with you refunding the balance?
If it's #1, I'd go cash only. Otherwise, wait for a personal check
to clear. No MO or cashier's check BS, the bank can take the
money back if the paper turns out to be counterfeit .... even
months later!
If it's #2, it's an absolute scam. Fuggitaboutit.
(see: Scams)
(Message edited by john_mc9 on December 26, 2006) |
Bill 340 (Bill_340)
Registered Member
Username: Bill_340
Post Number: 13
Registered: 7-2006
Posted From: 75.200.92.83
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 26, 2006 - 7:08 pm: | |
watch for that guy that wants to buy, and will wire transfer you the money, He needs your bank info to wire you the money, VERY COMMON FRAUD PRACTICE, |
Ian Giffin (Admin)
Board Administrator
Username: Admin
Post Number: 965
Registered: 7-1997
Posted From: 64.187.39.62
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 26, 2006 - 9:46 pm: | |
Hi Mike,
I want you to go now to the "for Sale" pages. Either of the "Under" or "Over" pages have a strong warning/caution/caveat at the bottom of the page. Pleaase read them very carefully and if they sound like your "buyer", don't even begin to respond.
Careful, friend, we don't need your next message to start... "Well, I can't believe this happened to me...".
Ian
www.busnut.com |
FAST FRED (Fast_fred)
Registered Member
Username: Fast_fred
Post Number: 83
Registered: 10-2006
Posted From: 4.235.202.66
Rating: N/A
Votes: 0 (Vote!) | | Posted on Thursday, December 28, 2006 - 5:14 am: | |
Count those green currency thingies out on the table , then give the keys.
You will have about ZERO recourse if he takes it and sells it for cash .
BEWARE , dont be a sucker!!!
FF |
Mike Eades (Mike4905)
Registered Member
Username: Mike4905
Post Number: 135
Registered: 12-2000
Posted From: 68.207.200.143
Rating: N/A
Votes: 0 (Vote!) | | Posted on Thursday, December 28, 2006 - 4:19 pm: | |
Thanks Everybody. Everything said here is about what I thought. If someboddy I know woul vouge for him I might think about it. When I mentioned people like Luke and FF he never heard of anyone an it made me fell wrong. It will be cash or something that makes sense. Thanks Again. Mike |
Dilip & Zoe (Vintagehounds)
Registered Member
Username: Vintagehounds
Post Number: 81
Registered: 10-2006
Posted From: 67.166.131.55
Rating: N/A
Votes: 0 (Vote!) | | Posted on Thursday, December 28, 2006 - 6:06 pm: | |
Tell him youll have to check with your credit dept. Her name is Helen Waite.. Tell him if he wants credit he'll have to go to Helen Waite!! |
Steveggt (Steveggt)
Registered Member
Username: Steveggt
Post Number: 2
Registered: 12-2006
Posted From: 71.116.87.220
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, December 29, 2006 - 1:13 am: | |
You've got a lot of good info here. Use your gut feeling. Basically, money (cash) talks and bulls**t walks. If the guy can't come up with ALL of the money, you could set up some kind of installment or layaway plan. DO NOT release the bus until all the money is verified! Be advised that a Stop Payment can be made on a cashier's check! |
Jim Huston (Jimh)
Registered Member
Username: Jimh
Post Number: 2
Registered: 12-2006
Posted From: 66.82.9.54
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, December 29, 2006 - 10:17 am: | |
I once sold a bus to a gentleman from texas. He was upfront on the fact he didn't have all of the cash so we made a deal where he sent me money from time to time and I held onto the bus. He paid it off in about 9 months and we transfered the bus and title to him. Both of us are still happy!
JimH |
John MC9 (John_mc9)
Registered Member
Username: John_mc9
Post Number: 146
Registered: 7-2006
Posted From: 66.217.107.62
Rating: N/A
Votes: 0 (Vote!) | | Posted on Saturday, December 30, 2006 - 9:31 pm: | |
"I once sold a bus in Nantucket,
to a guy that didn't have enough buck fo'it;
I waited ten years,
nearly drowned in my beers,
and finally told him to errr, stuff it....."
Naww, time payments or layaways are the pits....!
Cash & Carry (Pay & Pray) |
mark (Coolbus)
Registered Member
Username: Coolbus
Post Number: 34
Registered: 7-2006
Posted From: 71.54.201.218
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, January 03, 2007 - 9:49 pm: | |
Mike
Another bad thing that could happen if y0u carried the note; ANY possible mechanical failure( overheating the bus, fried clutch, etc) then he decides to walk; nothing invested - nothing lost on his part. beware...
Mark |