When you sold your rig did you ever get scammed with bad cashier's checks or other scam?

[slackercruster]

I had heard that people are using counterfeit cashier's checks to buy things on Craigslist.

Have you heard anything about that with RV sales?

[GeorgiaHybrid]

Always call the bank it is drawn on and give them the check number and amount. They can tell you if it is legitimate or not. Do NOT call a number or person the buyer gives you to verify the check. Look up the number yourself and ask for the person that can verify a cashiers check.

If the bank is local, go to that bank and have them verify it. They should be able to verify the name on the check, the check number and the amount.

[sheldons65]

Go to the bank together.

[TXiceman]

I will only accept a direct wire transfer to my bank.  Once confirmed, it is their RV.

 

Ken

[Pappy Yokum]

1 hour ago, TXiceman said:

I will only accept a direct wire transfer to my bank.  Once confirmed, it is their RV.

 

Ken

 

That's too easy, LOL  -🙃

[GeorgiaHybrid]

6 hours ago, TXiceman said:

I will only accept a direct wire transfer to my bank.  Once confirmed, it is their RV.

 

Ken

That might work for the seller but if I'm buying, you get the cash when I get the title. The last RV we sold went to a buyer over 900 miles away.

He sent me a picture of the check, I called the bank twice before he got to our house to verify it and once while he was test driving the RV. While he was driving here, I filled out a bill of sale for the RV and had that waiting

He came back from the test drive, handed me the check, I filled out the title info and gave it to him, he hooked up his car to the rear of the motorhome and drove 900 miles home.

Not all buyers use a local bank for a face to face and not all sellers are comfortable giving out their account numbers.

[Dutch_12078]

I agree with the direct wire transfer for most high dollar situations. Not a scam, but I did have a brief moment of concern when I sold one RV years ago. The buyer was a neighbor that knew he wouldn't get the title until the check cleared, so it was bit of a shock when he called me about an hour after closing the deal and asked me to please not deposit the check. It seems his wife had transferred the money from an investment account, but mistakenly put it in a savings account instead of the checking account. The next day he showed up with cash and his apologies. No harm done except to my nerves...

[RV_]

22 hours ago, sheldons65 said:

Go to the bank together.

I have both bought and sold, face to face only, all our RVs, vehicles, etc. I have occasionally bought online from individuals for a computer or other item but never got burned because I message and they need to be responsive or I am gone.

If it needs a title then the individual will need to schedule to be here if traveling when my Credit union is open.

It takes about 24 hours last time I sent a wire transfer so they need to schedule an overnight if they want to see and drive the RV before paying, which I prefer too. I'll even pay for their hotel room or let them stay in the RV when I had my acreage with an RV hookup pad on it for mine and visitors.

If there is any problem with their bank or delays then that is on them.

[RV_]

21 hours ago, TXiceman said:

I will only accept a direct wire transfer to my bank.  Once confirmed, it is their RV.

 

Ken

Ditto.

[DJohns]

Direct wire works good for the seller but leaves the buyer out to dry. Would you really feel good if you were the buyer? Then what if the RV has a lien on it? There is more to it than direct wire transfer.

[Danfreda1]

We did a wire transfer when buying a fifth wheel in a little town in Tennessee. Went to the guys bank they called ours and exchanged whatever numbers they needed to and it only took a couple hours. We left with the title. 

[sandsys]

We've used wire transfer several times but not on private sales; always to or from a business. It always went smoothly. Although, one time we almost had to leave without the vehicle because the transfer came through minutes before the dealership would be closing.

Linda

[slackercruster]

Thanks for all the help!

[TXiceman]

We have both bought and sold RVS through private sales using our banks wire transfer.  No problems on either end.

Ken

[kb0zke]

We sold our Foretravel to a man from The Netherlands. He had to set up a Montana LLC to buy the coach. We got the money (wire transfer) directly into our bank account before he had even seen the coach! The first time he drove it was when he drove it away.

When we bought the trailer that replaced the Foretravel we bought from a dealer. Never again! Somehow they miscalculated the sales tax (4%) and didn't send enough to SD. They had to wire the extra money (all their expense, fortunately) before we could get the plates.

[Sparky242]

Has anyone used Western Union to complete a sale.  I have been trying to research how to use them but still not sure how it works Thanks for any info Stan

[TXiceman]

On 6/19/2023 at 7:14 AM, DJohns said:

Direct wire works good for the seller but leaves the buyer out to dry. Would you really feel good if you were the buyer? Then what if the RV has a lien on it? There is more to it than direct wire transfer.

I make a copy of both sides of the title to provide to the buyer so that he can see the RV does not have a lien.   If there is a lien, I let the bank handle it.  You might also be able to get a local dealer to handle all of the paperwork for a fee.

Ken