| Author | Message | ||
     Silas_clone |
Got an offer on my Sporty from a guy in California. He sends me a check, then when it clears, I send him the title and he arranges for shipment. Anyone ever get burned by this sort of a deal? | ||
| Chasespeed |
I think you will be good Silas..you wait till the bank tells you his check cleared.. Check clears..title is his.. doesnt clear..no title.. sounds pretty str8 forward to me.. When I bought my bike, I got a cashiers check for the amount...it clears faster, especially outta state... Chase | ||
| Johnnylunchbox |
Wait until it absolutely clears. I rememeber there was a scam called check kiting but I don't remember exaclty how it worked. It may have involved a bogus check using a good account number drawn on a reputable bank overseas, so the bank in essence fronts the money on account of the overseas bank's good reputation and then later finds out that the account is empty. | ||
| Natexlh1000 |
Sounds good but I suggest waiting for the check to clear the originating bank as well as your own. I think that was the scam. Someone would forge a phoney cashier's check and hand it over to the victim. The victim would deposit it and transfer the title. Eventually, the second bank would get the phoney cashier's check and call B.S. on the victim's bank. Then you would have no money and no bike! I think that's the scam. Of course, it's more likely that they guy just wants to buy your bike and will pay you real money for it and we should all just relax. |
