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Old 06-20-2013, 07:08 AM   #15
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My opinion, CW had a shakey deal that fell through when it came time to deliver on one of their salesmen's complete BS stories. Had nothing to do with the funds - more like the buyers reluctance to hand them over.
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Old 06-20-2013, 09:26 AM   #16
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Bought our last coach out of state. As said above, we used a bank to bank transfer. The best way to go for both parties bar none.
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Old 06-20-2013, 01:48 PM   #17
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As a buyer, wouldn't wait several days for money to clear someone's bank, I want a same day transaction. There are so many used units out there I could find another that I like so I don't have to deal with that inconvenience. Trust goes both ways. Buyer wasn't being unreasonable.
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Old 06-20-2013, 02:46 PM   #18
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Originally Posted by bartlettj View Post
As a buyer, wouldn't wait several days for money to clear someone's bank, I want a same day transaction. There are so many used units out there I could find another that I like so I don't have to deal with that inconvenience. Trust goes both ways. Buyer wasn't being unreasonable.
Not sure I follow the reasoning that the buyer wasn't being reasonable.

I'm in the camp that wants to know I have the funds transferred before letting them drive off in my coach. Either wire transfer or CW issues the check. I'm not sure trust enters the equation with me on something like this.

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Old 06-20-2013, 03:11 PM   #19
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It is difficult to believe a buyer would walk on a deal if it was a reputable dealer. However; unless the issue was discussed up front and made a part of the initial conditions disclosed to the buyer, that possession takes place upon verification of funds received by the seller's bank (which IS unusual), then as the buyer, if someone told me that after I made the deal, I would be hot about it, but probably wouldn't throw my hands up in disgust and say no, I'd wait for the wire to hit the seller's bank, take delivery of the coach, and go down the road.

For instance: My loan funded and was wired to the dealer 4 days before I took delivery on my motorhome. Talk about a possible sham, what if it had been a dealer sham? I'd have been SOL. In a utopic world, the money would be wired same day as possession, like closing on a house, but that doesn't always happen.

There has to be some form of trust, otherwise you'd be carrying and counting out the cash to the seller, and who knows, if you are the seller, it could be counterfeit! There is no end to it.

It's like the Star Trek Next Gen Episode where Admiral Satee comes in and accuses Picard of conspiring with the Borg. Psychosis sets in and paranoia and conspiracy theories make us all crazy.

Anyway, I hold for the buyer, and I hold for the seller, there are points on both sides of that deal that are relevant.
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Old 06-20-2013, 03:25 PM   #20
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MISS the thrill and adventure in driving all over North America searching for the "buyer" who paid you for your $200K MH with a worthless piece of paper...?
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Old 06-20-2013, 03:43 PM   #21
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Personally I wouldn't surrender title & possession until funds cleared my bank....there are also lots of qualified buyers out there for a clean premium "well priced" RV.

BTW if someone drives off in your MH using a bogus cheque....not that it does you much good...but is this not a felony offense (grand theft auto). Does your MH insurance (theft) not cover you under these circumstances ( assuming you call the police & report)?
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Old 06-20-2013, 07:33 PM   #22
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Well people... let me tell you my story. When my wife and I were shopping for our motorhome last May, I found an interesting one about 200 miles away. After a few phone calls my wife and I decided to have a look. We happen to be close friends with our "Bankers", so we called them and asked if they'd like to ride along (they drive a class A, too). They suggested I call and ask if the motorhome people (private party) would take a personal check (due to the drive distance) if they verified my bank fund status to them....if we decided to buy the rig. I called and suprisingly they said... "no problem". To make a long story short....200 miles one way, liked the motorhome (07 Georgetown 349T w/6,000 miles), wrote out a 50k check and they signed the title right then and there. So people, there are still some trusting people out there in this world. But with that being said....would I do that......not a chance.

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