How to sell a rig to an out-of-state buyer?

[Tonkaman]

I know utah doesn't require it but most other states do. It's an easy process just have him fax you a bill if sale from the Ohio DMV then you fill it out, notarize it, and mail it back

 

[sixstringsteve]

I'm also a little worried that he may try to find a loophole and try to get his money back after finding something he doesn't like about the truck. I've been 100% honest with him, but that possibility is there. I suppose with a wire transfer, once I have the money there's no way he can try to screw me out of the money. Does that sound right? He's buying it sight-unseen, as is. I just want to make sure I'm protected.

It's starting to be enough of a hassle that it may not be worth selling out of state.

 

[skippy]

I sold my JK to a guy in kentucky, He mailed me a check and I took it to the bank and waited 5 days for them to verify it. Once the bank told me we were good I loaded the Jeep up and met him halfway just inside kansas........ It was a smooth transaction. I was nervous especially since I competed at OSRC the day we left to go meet him...... I decided to meet him half way just so he could voice any concerns he had before he took delivery of it

 

[BCGPER]

Selling out of state is a breeze. Buyer sends cashier check, seller sends title. Vehicle doesn't ship until check clears. I've sold several high end vehicles this way.

 

[frieed]

Steve,

I sold a boat to a guy from SoCal when I lived in central Texas. I agonized over that one as well. Cashiers checks can be faked (my brother got burned by that one). Final result was he flew to Austin, one-way, we went to a branch of his bank and I watched them cut the check, he rented a U-Haul truck and towed the boat back to SoCal.

 

[Gravy]

I bought my Jeep from Connecticut. Had my bank cut a certified check (the same way you buy a vehicle with a loan) and had them mail half to him + shipping and he got the other when the Jeep arrived on the shipping truck with the title. Super easy.

 

[airmanwilliams]

If he wants to send payment to one of my paypal addresses I can bring cash to you

 

[sixstringsteve]

I appreciate it Brandon. I have paypal, but he would be able to dispute the sale and possibly get his money back (and make me pay to ship the truck back to me).

 

[JL Rockies]

I sold my Jeep to a guy in MO. He sent deposit via paypal and showed up with a cashiers check for the rest. I wrote up a bill of sale, we both sighed and we parted ways. It was pretty smooth.


BLM... lolz.

 

[flexyfool]

Is there something special about the Tacoma that would appeal to a collector or enthusiast? Those types of buyers are usually very good to deal with, and I wouldn't worry too much about getting shafted.

If the buyer is just looking to get a good deal on a run-of-the-mill vehicle or is a young kid making an impulse buy, he will probably never come up with the money, and I would not deal with him.

I have also found that a lot of out-of-state buyers will eventually say the shipping is too much and want you to pick up the shipping. It is their plan all along.

Why not drop the price by $1K and sell it locally; or, ask for full payment via PayPal (just don't let him use a card and charge you the 3% fee); otherwise, BCGPER gives the best advice IMHO.

 

[sixstringsteve]

He's been awesome to work with. He's willing to send any payment form I want. so I'm not worried. I'll do a wire transfer, then send it off to the shipping co with the title. He's taking a big risk, which makes it really safe for me.

 

[sixstringsteve]

Thanks for all the help and suggestions everyone, I really appreciate it.

 

[UNSTUCK]

I think you have it easy. I'm in the middle of selling a rig to a guy in India of all places. He doesn't speak English so we just email. He wants me to take care of all the shipping, which has been a nightmare to figure out but we are about done. On the bright side he is paying me about $250,000 more then the jeep is worth. I mean how could I say no to that?

 

[Kevin B.]

On the bright side he is paying me about $250,000 more then the jeep is worth.

Holy damn. Does he have any friends that want a Toyota?

 

[Corban_White]

I bought my 4runner in Ohio. I flew out and drove it home. I just sold a motorcycle to a guy in Wyoming. He paid with paypal, I withdrew the money and then his sister (who happened to be in town for the weekend) picked it up. All via text message. Pretty seamless.

 

[skippy]

I think the issues here arise from Steve being naturally paranoid/Cautious

 

[frieed]

as he should be

 

[sixstringsteve]

Yeah, I want to be cautious. I've been burned before trusting strangers I've meet online. I would hate to lose the rig and the money, that would really suck. Lots of people have been scammed this way and I want to make sure I'm protecting the money I've worked hard for.

 

[Caleb]

I sold my TJ to a guy in Idaho, he wired me the money and then came down and picked it up. I wouldn't stress over a cashiers check, you can call and verify funds ahead of shipping. I also sold one of my bikes to a guy in Colorado (actually, I guess I sold two bikes to guys in Colorado ). Both times I just gave them a signed bill of sale...after that it's their problem to get it registered in their states.

 

[Bart]

I sold out of the country with a wire transfer. I've sold cross country with both a wire transfer and a certified check but didn't ship until after the funds cleared. The wire transfer is the safest and there's no question on the funds.