Safest way to sell car internationally?

(Sorry Kustom no disrespect intended. Just want to cover my bases here.)

I'm selling my car to a person in AU. What is the safest way to accept payment? I have paypal. I know some money orders can be reversed weeks later.

Please respond privately - moduspi@gmail.com

 

Wire transfer directly to your acct.

 

Ask your bank. Most likely the best way is a money order or certified check, but give enough time for the funds to clear prior to releasing the car and title. Your bank can tell you how long that takes (not just the hold, but for the funds to actually clear). My bank has a process where the collect the funds before even depositing the check in your account, thereby not giving anyone your account numbers until you know it is clear.

 

So paypal is no go huh? It's only $999. But still. I will get ahold of my bank tomorrow I guess. Was hoping to just do this easy. I just want this car out of my garage! lol!

Thanks guys.

 

For that amount you could use Western Unions digital payment with one email.

 

I have used payal for small amounts and direct wire into an account for larger amounts. Its REALLY easy. You may be charged a fee at your end for a wire transfer. For a grand I'be using paypal if he is set up for it.

Oh yeah have used Western Union too, but I think its pricey.

Whats heading down this way now??? Is it another HAMBer?? A bit more American Heritage dissapearing

 

be carefull with paypal, its not only expensiv for one of both sides the buyer can also get his money back. For international sales i think wire/ bank2 Bank transfers are the safest kind to pay for both sides.
By the way, strangewise a lot of americans do not like to give the banking information, i cant understand this because you cant get money only with the bankin info you just can pay ?

 

I`ve been selling cars online ever since Al Gore invented the internet ...

Bank wire transfer is the best way to go. Will not cost you anything, will cost buyer about $25.
Western Union is second best option. Free for you, will cost buyer about $40 for a $999 transaction.

Avoid cashiers checks. They can easily be counterfiet and you or your bank will not know until it`s too late.
Money orders - same story.

Avoid Paypal if at all possible. Free for buyer, will cost you about $40 for a $999 transaction. AND ---- buyer can protest later and probably get his money back or a partial refund.

Tell seller to do the bank wire transfer, it`s safe for both of you. If he doesn`t agree, tell him to go pound Australian sand.

 

Wire transfer , and pm sent !

 

Just so there's a record of it in this thread, for _really_ expensive things (more than $1000), I've used escrow services to good effect. www.escrow.com

Buyer deposits money in escrow account, when the money's confirmed good, the buyer CANNOT get it back unless there's an arbitration process. When the money's confirmed, the seller ships the product. After the buy reseives the product, he/she has an inspection period. If the item is correct or if you never hear from the buyer again, the funds are released to the seller. If the item is NOT as billed, then it falls to arbitration.

It cost $125 on a $7000 deal I did reciently, but there were extenuating circumstances (Seller found me a shipper...then the shipper's phone got disconnected, the original plan was to release the funds when I got a phonecall that the car was in the shipper's hands)

I could have been out $125, or $9500 (transport, earnest fee, balance of deal), I figured it was a small price to pay for comfort. It's a cost that is often split between the buyer and seller.

 

Damn I wish I had known about that - would have saved me $14K!!!