Unrealistic request to ask of buyer when selling?

[RADAR]

Originally Posted by nytrorcr

When I was alot younger and more trusting I let a neighbor test drive a T-Bird I had put up for sale, long story short....police said since I let him take it I had to wait 24hrs to put in a 911 call. Car came back 6hrs later smoking and rattling, he said it can't hold up to a little run down I-5 so he didn't want it.....I DON'T trust anyone like I did and I wouldn't have a problem asking for the same INFO as papabearcamaro.

YIKES!!

[Cam2011]

Originally Posted by nytrorcr

When I was alot younger and more trusting I let a neighbor test drive a T-Bird I had put up for sale, long story short....police said since I let him take it I had to wait 24hrs to put in a 911 call. Car came back 6hrs later smoking and rattling, he said it can't hold up to a little run down I-5 so he didn't want it.....I DON'T trust anyone like I did and I wouldn't have a problem asking for the same INFO as papabearcamaro.

6 hours is a bit much for a test drive. When I first test drove my Camaro the my sales person said that I could only go for 6 miles and no more. They actually had a pre determined route that you had to take on a Camaro test drive. Also they required proof that you were not just joy riding a Camaro, but since I had already purchased several cars from then they did not require this of me.

[montyhp]

If I were the prospective buyer, I would have pulled up my bank account page on my android phone and showed him my preapproval.

That said, I bought my Camaro used from a dealer, he just handed me the key and let me drive. (Had wife with me so there was no room for him in the car).

[yotaman96]

Unreasonable. If someone told me that, I'd buy somewhere else.

[SSBlack]

I'm sure "strangers" are covered in your car in Tex. Shortly after I purchased mine, I asked my SF agent because I knew friends would be asking to drive it.

Not trying to be funny, but this is a car, not your wife. If the prospective buyer seems legit, why not let him drive it?

However, no disrespect to younger people, but I doubt I'd let anyone under 40 test drive mine. Even then, if he pulls up in a 82 Chrysler K-car and "looks" broke, his financial viability (or lack thereof) pretty much speaks for itself.

If it were ME buying the car, I'd want to drive it first. Only then can you get a feel for front end problems, clutch/transmission issues, brake problems, etc.

So, you really have to take each situation separately. I don't completely agree or disagree with the OP, but I think something about the impression the "buyer" made on him made the OP react the way he did and the OP probably made the right decision.

[Caspers2SSRS]

Originally Posted by papabearcamaro

I asked my dealer what he would give me on trade in for a 2013 automatic and after I got his number I told him there is no way I would trade it in for that.
Told him if he knew of anyone looking for something like I have to give them my phone number. My dealer gave this guy my phone number.So that is how it all came about.

Apparently you've set yourself up to have "anyone" contact you inorder they make arrangements to consider a purchase or making an offer. This suggests you're serious and by being serious, you've opened the possibilities.......... that "anyone" might ask to look over, in, and then test drive the car. Having the opportunity to view and then test drive are fairly common assumptions buyers make when purchasing a car.

Setting terms and conditions..........Your asking them to provide financial documentation before you show the car should have also been explained to your dealer. That is unless you felt you would be better quailifed to weed out window shoppers, joy riders, car jackers and credit risks. My guess is there is nothing in it for the dealer and thus they'll not be spending unordinary amounts of time and effort..........helping.

For arguements sake........the potental buyer comes prepared with a bank letter of credit or loan preapproval and asks you to simply provide the title, or documentation proving you were the registered legal owner, or any other form of verifiable proof of your having a clear title free from government tax liens, ie. Do you have a current Insurance survey or CarFax on hand. Would you be prepared to provide these on the spot if one were requested by a potental buyer? My guess is. No............your not.

In today's world of rampant indentity theft I personally wouldn't give a private individual selling a car my highly confidental banking information.........period.

Obviously you've brought this on yourself. If I were the potentional buyer in the scenario as you've described it..........I would have quitely disagreed with your methods and tactic's and simply walked away. Trust is one thing, being respectful or disrepectful is another................. and its takes a mutual understanding and consideration from both parties. Insults and preconditioned notions...............guarantees negative results. The sale is doomed before the possibilty of opportunity for either seller or buyer materializes.

I would also suggest as an alternative asking the dealership if they have arrangements or the names of associate businesses who specialize as professionals in selling cars on a consignment bases............alleviating the stress, hassles, forementioned problems and ultimately .............failure.

[VenomInside]

Originally Posted by Caspers2SSRS

Apparently you've set yourself up to have "anyone" contact you inorder they make arrangements to consider a purchase or making an offer. This suggests you're serious and by being serious, you've opened the possibilities.......... that "anyone" might ask to look over, in, and then test drive the car. Having the opportunity to view and then test drive are fairly common assumptions buyers make when purchasing a car.

Setting terms and conditions..........Your asking them to provide financial documentation before you show the car should have also been explained to your dealer. That is unless you felt you would be better quailifed to weed out window shoppers, joy riders, car jackers and credit risks. My guess is there is nothing in it for the dealer and thus they'll not be spending unordinary amounts of time and effort..........helping.

For arguements sake........the potentional buyer comes prepared with a bank letter of credit or loan preapproval and asked you to simply provide the title, or documentation proving you were the registered legal owner, or any other form of verifiable proof of your having a clear titlek free from government tax liens, ie. Do you have a current Insurance survey or CarFax on hand. Would you be prepared to provide these on the spot if one were requested by a potentional buyer? My guess is. No............your not.

In today's world of rampant indentity theft I personally wouldn't give a private individual selling a car my highly confidental banking information.........period.

Obviously you've brought this on yourself. If I were the potentional buyer in the scenario as you've described it..........I would have quitely disagreed with your methods and tactic's and simply walked away. Trust is one thing, being respectful or disrepectful is another................. and its takes a mutual understanding and consideration from both parties. Insults and preconditioned notions...............guarantees negative results. The sale is doomed before the possibilty of opportunity for either seller or buyer materializes.

I would also suggest as an alternative asking the dealership if they have arrangements or the names of associate businesses who specialize as professionals in selling cars on a consignment bases............alleviating the stress, hassles, forementioned problems and ultimately .............failure.

[yotaman96]

Originally Posted by Caspers2SSRS

Apparently you've set yourself up to have "anyone" contact you inorder they make arrangements to consider a purchase or making an offer. This suggests you're serious and by being serious, you've opened the possibilities.......... that "anyone" might ask to look over, in, and then test drive the car. Having the opportunity to view and then test drive are fairly common assumptions buyers make when purchasing a car.

Setting terms and conditions..........Your asking them to provide financial documentation before you show the car should have also been explained to your dealer. That is unless you felt you would be better quailifed to weed out window shoppers, joy riders, car jackers and credit risks. My guess is there is nothing in it for the dealer and thus they'll not be spending unordinary amounts of time and effort..........helping.

For arguements sake........the potental buyer comes prepared with a bank letter of credit or loan preapproval and asks you to simply provide the title, or documentation proving you were the registered legal owner, or any other form of verifiable proof of your having a clear title free from government tax liens, ie. Do you have a current Insurance survey or CarFax on hand. Would you be prepared to provide these on the spot if one were requested by a potental buyer? My guess is. No............your not.

In today's world of rampant indentity theft I personally wouldn't give a private individual selling a car my highly confidental banking information.........period.

Obviously you've brought this on yourself. If I were the potentional buyer in the scenario as you've described it..........I would have quitely disagreed with your methods and tactic's and simply walked away. Trust is one thing, being respectful or disrepectful is another................. and its takes a mutual understanding and consideration from both parties. Insults and preconditioned notions...............guarantees negative results. The sale is doomed before the possibilty of opportunity for either seller or buyer materializes.

I would also suggest as an alternative asking the dealership if they have arrangements or the names of associate businesses who specialize as professionals in selling cars on a consignment bases............alleviating the stress, hassles, forementioned problems and ultimately .............failure.

Nicely done.

[papabearcamaro]

Originally Posted by Caspers2SSRS

Apparently you've set yourself up to have "anyone" contact you inorder they make arrangements to consider a purchase or making an offer. This suggests you're serious and by being serious, you've opened the possibilities.......... that "anyone" might ask to look over, in, and then test drive the car. Having the opportunity to view and then test drive are fairly common assumptions buyers make when purchasing a car.

Setting terms and conditions..........Your asking them to provide financial documentation before you show the car should have also been explained to your dealer. That is unless you felt you would be better quailifed to weed out window shoppers, joy riders, car jackers and credit risks. My guess is there is nothing in it for the dealer and thus they'll not be spending unordinary amounts of time and effort..........helping.

For arguements sake........the potental buyer comes prepared with a bank letter of credit or loan preapproval and asks you to simply provide the title, or documentation proving you were the registered legal owner, or any other form of verifiable proof of your having a clear title free from government tax liens, ie. Do you have a current Insurance survey or CarFax on hand. Would you be prepared to provide these on the spot if one were requested by a potental buyer? My guess is. No............your not.

In today's world of rampant indentity theft I personally wouldn't give a private individual selling a car my highly confidental banking information.........period.

Obviously you've brought this on yourself. If I were the potentional buyer in the scenario as you've described it..........I would have quitely disagreed with your methods and tactic's and simply walked away. Trust is one thing, being respectful or disrepectful is another................. and its takes a mutual understanding and consideration from both parties. Insults and preconditioned notions...............guarantees negative results. The sale is doomed before the possibilty of opportunity for either seller or buyer materializes.

I would also suggest as an alternative asking the dealership if they have arrangements or the names of associate businesses who specialize as professionals in selling cars on a consignment bases............alleviating the stress, hassles, forementioned problems and ultimately .............failure.

Some people just amaze me. I in NO way expect the guy to show me his last three years of tax returns,or give me his SS#,or show me his W2.
All it is is a letter typed and notorized by his credit union stating that he is worthy of the funds for the agreed upon price of the car. Letter says NOTHING of how much money he has in the bank or any type of personal info. Just says Mr Joe Blow is a member of ours and has the funds available to purchase the vehicle.
I have secured the same type of letter from my CU when I have bought cars. It shows the seller that I am indeed a serious buyer,can afford what I am looking at,and am not there as a tire kicker and wasting his time.
I have a $xx,xxx vehicle I am selling and this guy might not even have two nickles to rub together.
Think you guys are flaming me pretty good because you are reading more in to it than there actually is.

[Revo1]

You've got home field advantage. If the buyer doesn't like your terms, politely welcome him to kick rocks.

[Blu Ray]

Originally Posted by Revo1

You've got home field advantage. If the buyer doesn't like your terms, politely welcome him to kick rocks.

How does he have home field Advantage? He the one trying to sell (1) Camaro, there are 1000s out there for the taking.

[Blu Ray]

Originally Posted by Caspers2SSRS

Apparently you've set yourself up to have "anyone" contact you inorder they make arrangements to consider a purchase or making an offer. This suggests you're serious and by being serious, you've opened the possibilities.......... that "anyone" might ask to look over, in, and then test drive the car. Having the opportunity to view and then test drive are fairly common assumptions buyers make when purchasing a car.

Setting terms and conditions..........Your asking them to provide financial documentation before you show the car should have also been explained to your dealer. That is unless you felt you would be better quailifed to weed out window shoppers, joy riders, car jackers and credit risks. My guess is there is nothing in it for the dealer and thus they'll not be spending unordinary amounts of time and effort..........helping.

For arguements sake........the potental buyer comes prepared with a bank letter of credit or loan preapproval and asks you to simply provide the title, or documentation proving you were the registered legal owner, or any other form of verifiable proof of your having a clear title free from government tax liens, ie. Do you have a current Insurance survey or CarFax on hand. Would you be prepared to provide these on the spot if one were requested by a potental buyer? My guess is. No............your not.

In today's world of rampant indentity theft I personally wouldn't give a private individual selling a car my highly confidental banking information.........period.

Obviously you've brought this on yourself. If I were the potentional buyer in the scenario as you've described it..........I would have quitely disagreed with your methods and tactic's and simply walked away. Trust is one thing, being respectful or disrepectful is another................. and its takes a mutual understanding and consideration from both parties. Insults and preconditioned notions...............guarantees negative results. The sale is doomed before the possibilty of opportunity for either seller or buyer materializes.

I would also suggest as an alternative asking the dealership if they have arrangements or the names of associate businesses who specialize as professionals in selling cars on a consignment bases............alleviating the stress, hassles, forementioned problems and ultimately .............failure.

+1

[daveagogo1]

A letter of credit from your bank is one of the first things you give a real estate agent when they begin looking for homes for you. The reason is because the SELLERS agent will ask for it immediately.

It really has no identifying info other than your name and that you are approved to XXXX dollars.

This is super common in real estate and very high end vehicle sales. No so much for a Camaro but, do what feel right for you. Understand though that many people won't want to just on principle alone.

[90503]

Originally Posted by papabearcamaro

Some people just amaze me. I in NO way expect the guy to show me his last three years of tax returns,or give me his SS#,or show me his W2.
All it is is a letter typed and notorized by his credit union stating that he is worthy of the funds for the agreed upon price of the car. Letter says NOTHING of how much money he has in the bank or any type of personal info. Just says Mr Joe Blow is a member of ours and has the funds available to purchase the vehicle.
I have secured the same type of letter from my CU when I have bought cars. It shows the seller that I am indeed a serious buyer,can afford what I am looking at,and am not there as a tire kicker and wasting his time.
I have a $xx,xxx vehicle I am selling and this guy might not even have two nickles to rub together.
Think you guys are flaming me pretty good because you are reading more in to it than there actually is.

Lol...What did you expect!...Everyone here is an expert, didn't you know that??lol And besides, who do you think you are anyway for selling your car first without asking everybody if its ok??..lol j/k...good luck!