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Old 06-24-2013, 11:57 PM   #17
Doc
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Drives: 2010 1SS/RS MT
Join Date: May 2009
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Well they're probably thinking "what if we wire the money, then he just withdraws it and disappears?"

You SHOULD be able to process this at the bank where they issue the funds and you sign over the title and give it to them on behalf of the buyer. We now have things like conference calls or even a facetime (or skype) video conference call where you, the buyer and the bank can witness everything while you sign over the title at the bank as they transfer the funds. However the concern they might have is you still have the vehicle, unless you're handing that over too but they may not want that responsibility. You could sign everything over, take the money, walk out the door and disappear with the car. This is probably why they wanted you to do the transaction in person. Times have changed. There is no honor in society anymore, and certainly not in business.

How were you going to get the car to the buyer? Is he paying to have it transported? Maybe he could take the train or the bus to you, buy the car then drive it back.
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