safe payment?

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  • olddaze
    Member
    • Sep 2008
    • 65

    #1

    safe payment?

    Thinking about selling my Pan at Wauseon this year. With all the different ways the scammers have to fake stuff, What's the safest way to sell something like that and know the moneys there? I know cash is king, but rarely am I that lucky.
    Member# 7397
  • diesel55
    Senior Member
    • Jul 2011
    • 262

    #2
    CASH don/t give up bike till money is in the bank. they can always pick the bike up later. or you can ship it.

    Comment

    • Rubone
      Senior Member
      • Aug 2004
      • 4764

      #3
      Cash only, If they can't come up with it at the time, they really don't have it!
      Robbie Knight Amca #2736

      Comment

      • jwl
        Senior Member
        • Dec 2001
        • 338

        #4
        Cash is definitely king but a bank wire transfer is a good way to go also if you're not trying fly under the radar. Might cost the sender 15 bucks or so but is safe and secure.

        Comment

        • silentgreyfello
          Senior Member
          • Nov 2006
          • 861

          #5
          Cash or wire transfer. Nuttin' else will do.

          Comment

          • olddaze
            Member
            • Sep 2008
            • 65

            #6
            Can ya wire transfer on the weekend? I've never done it before.
            Member# 7397

            Comment

            • BNSONS
              Senior Member
              • Mar 2007
              • 178

              #7
              You're in charge of your own destiny, green backs only.

              Comment

              • Chuck#1848
                Senior Member
                • Oct 2004
                • 920

                #8
                I prefer $$$$$$$$$$$$$$$$$$$$$$$$$'S
                Chuck
                AMCA Member#1848

                Comment

                • ricmoran
                  Senior Member
                  • Oct 2010
                  • 260

                  #9
                  Bucks up front, or if the buyer says it is in the bank go to the bank with them have them withdraw and count the dead pres's into your palm.

                  Comment

                  • jwl
                    Senior Member
                    • Dec 2001
                    • 338

                    #10
                    Originally posted by olddaze View Post
                    Can ya wire transfer on the weekend? I've never done it before.
                    No you can't.

                    Comment

                    • Robert Luland
                      Senior Member
                      • Sep 2007
                      • 2075

                      #11
                      Just use paypal and have them cover the fee. Paypal don't put money in your account until it's in theirs. Then again there's the tax thing. Any thing over 10Gs gets reported. Get cash! If they want it, It won't be a ploblem. Bob L
                      Last edited by Robert Luland; 04-14-2012, 04:53 PM.
                      AMCA #3149
                      http://www.thegoodoldmotorcyclepartscompany.com

                      Comment

                      • portagepan
                        Senior Member
                        • Feb 2006
                        • 580

                        #12
                        Seems to me paypal would work, if you have a email address. When it says the money is in your account, I would trust that it is. Is there a fee? I don't know, but safe money transfer, and not having to hold a wad of cash, is worth something to me. I use it for ebay all the time. Mike
                        Last edited by portagepan; 04-14-2012, 06:33 PM. Reason: spelling

                        Comment

                        • Rubone
                          Senior Member
                          • Aug 2004
                          • 4764

                          #13
                          Regretfully there are more and more scams with PayPal all the time concerning unscrupulous buyers. The buyer is protected more than the seller and many instances are documented where a buyer claims a defect or damage and PayPal refunds their money. Cash and cash alone for me in a muddy field with a stranger.
                          Robbie Knight Amca #2736

                          Comment

                          • c.o.
                            Senior Member
                            • Feb 2003
                            • 5353

                            #14
                            I hear where Robbie is coming from on this one. I recently sold some parts on ebay and since it had been awhile between my selling dates, they decided to hold my money for me! I gotta wait nearly a month before they'll let me know whether I get it or not! They blatantly say that it's to protect the buyer and insure that I shipped the items! I'd be holding out for cash on a bike sale.
                            Cory Othen
                            Membership#10953

                            Comment

                            • Steve Little
                              Senior Member
                              • Apr 2008
                              • 915

                              #15
                              Originally posted by Rub View Post
                              Cash only, If they can't come up with it at the time, they really don't have it!
                              I agree with Rub. Anyone going to Wauseon swap meet to buy a bike will have cash on them.
                              Dreamers, schemers and impulse shoppers will only give you headaches.
                              You would need to have the Title on hand at the swap meet.
                              Steve Little
                              Upper Yarra Valley. Victoria.
                              Australia.
                              AMCA member 1950

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