Re: Buying Equipment and Vehicles out of State

Posted by kcm.MN on May 30, 2017 at 05:52:21 from (174.219.14.113):

In Reply to: Buying Equipment and Vehicles out of State posted by Christopher S. on May 30, 2017 at 04:10:32:

I just looked up your area and see that you're not anywhere near a state line. That leaves me asking two questions:

1) Is there anything particularly interesting, special or rare about what you're selling?

2) Is the asking price an exceptionally good deal?

If neither of these has any significant answer, then I would definitely be leery of this potential buyer. Why would someone want to drive hundreds of miles away to buy a $15k car only to haul it back several hundred miles? Are there no cars like it in their area?

Now, that said, I have bought ALL of my used vehicles (not that there have been a lot) from out of state over the past 15 years or so, as I've been buying from southern states with no rust, low mileage and well taken care of. These are getting increasingly difficult to find! My next truck will be having a frame-off resto anyway, so will buy it wherever I find it.

I like the idea of meeting at your bank and having them verify the funds. Both you and the buyer would be on camera, there would be witnesses, and all funds could be checked and verified through the institution. ...I'd make sure to ask your bank first rather than waiting until last minute! Ask for cash from the buyer, and try to set it up so that a more experienced teller could look over the cash for you. Wouldn't even be a bad idea if during the transaction, if your hands never actually touched the cash. That way there could be absolutely no doubt from the buyer trying to pull a fast one and saying you pulled a switcharoo on him! Also, keep your bank account number well hidden - after all, you're only selling a car; not your banking information as well!!

There's one more thing I'd like to add here. I just recently upgraded my wallet to one that blocks all RFID. We also got an aluminum case for the wife to have all of her cards in. While the cards are unprotected when outside of these, another potential scam might be to try and buy a car out of one's area, scan their wallet, then try to scam the seller knowing that they have at least X-amount of dollars in the account. As a last resort, anything with a magnetic stripe could also be wrapped in 2 or 3 layers of aluminum foil for protection as well.

RFID can be read using an RFID reader "WITHOUT -- THE -- PERSON -- HAVING -- TO -- HOLD -- IT"!! They can simply download an app for their smart phone, have it turned on with the app running, and they can scan, I think up to 2 or 3 feet away! Can also buy inexpensive stand-alone RFID readers also.

If they buy a car from you, they have your full name, address, signature - what better to top it off than your card or bank info?? Not trying to scare you off, but I "am" trying to make sure we stay safe out there! I barely have much knowledge of this stuff, but all it takes is a good web search or two to discover a wealth of information!

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