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11-21-2016, 06:10 AM
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#15
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Senior Member
Tiffin Owners Club
Join Date: Jul 2016
Location: Where we park it!
Posts: 13,145
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Recently sold a car for cash and living where we do (Dominican Republic most of the time) the transaction took place at our lawyers office. I agree use a bank, credit union or your lawyer.
momdoc
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11-21-2016, 06:39 AM
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#16
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Senior Member
Fleetwood Owners Club Ford Super Duty Owner
Join Date: Jun 2012
Location: SoCal
Posts: 15,749
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Quote:
Originally Posted by jfran304
Make sure the seller has a valid clear title to the motorhome and then take him to the bank to get the cash. Then go to the DMV and transfer the title and tags into your name. Then turn the cash over.
Jon
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The problem here is you are traveling with a stranger and a large amount of cash that he knows about... been there, can be very uncomfortable...
__________________
Vince and Susan
2011 Tiffin Phaeton 40QTH (Cummins ISC/Freightliner)
Flat towing a modified 2005 Jeep (Rubicon Wrangler)
Previously a 2002 Fleetwood Pace Arrow 37A and a 1995 Safari Trek 2830.
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11-21-2016, 08:47 AM
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#17
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Senior Member
Join Date: Jul 2015
Location: Upper Right Ohio.. or?
Posts: 447
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both go the a bank... withdraw and hand to him in front of teller, and he signs over title. ask a manager to be there as well. and a notary ...
I purchase my used trailer last year from a dealer using all cash... Manager, salesman and there accountant. in managers office. my choice. and all paper work done then.
__________________
2012 Ford F 250,"XL" 6.2L Gas, 2 wheel drive. 156,000 miles
2005 Coachmen 29FKCS, Front Kitchen... 2005 Honda VTX1800F, 78,000 miles
N.E. Ohio in the Spring, Summer, Autumn.
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11-21-2016, 10:24 AM
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#18
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Senior Member
Ford Super Duty Owner Jayco Owners Club
Join Date: Jan 2014
Location: Central california
Posts: 123
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I have sold all my vehicles and trailers cash only. Not a red flag but be safe as all have said. I also sold a car to a Canadian, he did a bank transfer to my account.
I am in California.
__________________
2020 Riverside Retro 169R TT
2019Jeep Grand Cherokee
Equalizer 600/6000 E4
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11-21-2016, 10:30 AM
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#19
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Senior Member
Winnebago Owners Club
Join Date: Mar 2014
Posts: 14,891
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Cash is King. Sold our 5er and accepted a bank draft. Kept the trailer until the bank draft cleared.
__________________
Gordon and Janet
Tour 42QD/InTech Stacker
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11-21-2016, 01:17 PM
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#20
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Senior Member
Join Date: Jul 2014
Location: Northern California
Posts: 239
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I personally do not want cash. Its too easy to counterfeit these days. The last few things I've sold, we exchange money at the bank. I do not even touch the money. They count the money out to the cashier and then I sign the title over right there. It just protects me. But the bank even told me that if it later turns out to be counterfeit, I'm responsible. When I bought my trailer, The seller wanted cash or cashiers check from my bank. I preferred the check.
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Dodge Ram 4x4 Cummins 2020 Timber Ridge 25RDS
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11-21-2016, 01:24 PM
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#21
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Senior Member
Newmar Owners Club Freightliner Owners Club
Join Date: Jul 2016
Location: Fulltime since ‘16
Posts: 2,624
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There are also professional escrow companies that will assist. This is how some eBay motor sales work, I'm told.
__________________
CC, Paul, & puppy Leap (ACD)
'17 DSDP4018, Wrangler toad
[SIGPIC][/SIGPIC]
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11-22-2016, 06:22 AM
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#22
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Moderator Emeritus
Monaco Owners Club Texas Boomers Club
Join Date: Nov 2015
Location: Central Texas
Posts: 13,426
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I've sold several vehicles the last couple of years and made two buyers pay cash. I went to the bank with another and he got a cashiers check. I wouldn't take any check from a stranger as they can be forged pretty easily today. and yes, it can be a PITA to count out $15,000 in hundred dollar bills.
__________________
Dennis and Katherine
2000 Monaco Dynasty
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11-22-2016, 09:25 AM
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#23
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Senior Member
Winnebago Owners Club
Join Date: Mar 2014
Posts: 14,891
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Quote:
Originally Posted by barmcd
I've sold several vehicles the last couple of years and made two buyers pay cash. I went to the bank with another and he got a cashiers check. I wouldn't take any check from a stranger as they can be forged pretty easily today. and yes, it can be a PITA to count out $15,000 in hundred dollar bills.
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If you find it too onerous I would be happy to count it for you! LOL You should try the plastic bills from Canada.
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Gordon and Janet
Tour 42QD/InTech Stacker
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11-22-2016, 09:52 AM
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#24
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Member
Country Coach Owners Club
Join Date: Aug 2016
Posts: 32
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Thank All for the excellent advice!!
Just want to thank everyone for their advice and experiences! It certainly was timely and gives me a plan, once the purchase is made. I had individually thanked many of you & hope I don't offend the many recent posts on the topic that I didn't thank individually!
I decided to pass on that particular class C after looking at a few class A's in the same price range. I am currently reevaluating my future FT RVing adventure to include class A. Even though I'm currently solo, the massive increase in room is hard not to consider. Just need to come to grips with the added maintenance cost of the bigger coach. Lots of research to be done & irv2 is an awesome source of intel!!
Thanks again ALL!!
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11-23-2016, 05:16 AM
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#25
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Senior Member
Join Date: Sep 2012
Posts: 8,055
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If you are looking at a C then moving to an A gas should not increase maintenance a huge amount. Diesel is another story so there are several threads about it. ;-)
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11-24-2016, 02:15 PM
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#26
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Senior Member
Join Date: Mar 2016
Posts: 117
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Quote:
Originally Posted by Gordon Dewald
Cash is King. Sold our 5er and accepted a bank draft. Kept the trailer until the bank draft cleared.
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Why not do an etransfer and provide password when transaction completed.
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11-24-2016, 03:24 PM
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#27
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Senior Member
Join Date: Jun 2012
Location: AB
Posts: 7,587
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Quote:
Originally Posted by emuller1
Why not do an etransfer and provide password when transaction completed.
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I'm pretty sure the limit on an etranfer is in the range of $2000. I tried that with a car I bought a while back. No go.
__________________
2019 Unity LTV CB, pushed by a 2013 Honda CRV, BlueOx Baseplate, Aventa Bar & Patriot Brake
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11-25-2016, 09:49 AM
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#28
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Senior Member
Winnebago Owners Club
Join Date: Mar 2014
Posts: 14,891
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Quote:
Originally Posted by emuller1
Why not do an etransfer and provide password when transaction completed.
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Another good option.
__________________
Gordon and Janet
Tour 42QD/InTech Stacker
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