What Are the Safest Ways to Accept Payment When Selling a Used Car?

Video Description

What Are the Safest Ways to Accept Payment When Selling a Used Car? There are many ways to accept payment from a buyer when selling your car, but you must know how to do it safely to protect yourself. 👉 Cash Payments Cash is king but avoids carrying around large sums in public. Have the buyer meet you at your bank so they can check for counterfeit bills. 👉 Personal and Cashier’s Checks A personal check could be bounced and easily faked a cashier’s check. Do not give your car to the buyer until the check has fully cleared after depositing it. 👉 Escrow Payments Never agree to an escrow service suggested by the buyer because it could be fake. If you want to set one up with a reputable provider, go for it. 👉 Just Say No to Payment Plans You are not a financial institution and have no means of recourse if the buyer fails to make payments. 👉 Don’t Be Afraid to Walk Away Your super-power when selling your car is your ability to walk away if anything feels strange, off, or suspicious. ----------------------------------------------------- Sell My Car in San Diego: https://www.driveo.com/san-diego/ Sell My Car in Houston: https://www.driveo.com/houston/ Sell My Car in Atlanta: https://www.driveo.com/atlanta/ Sell My Car in Salt Lake City: https://www.driveo.com/salt-lake-city/ Sell My Car in Nashville: https://www.driveo.com/nashville/ Sell My Car in Charleston https://www.driveo.com/charleston/ Sell My Car in Tucson: https://www.driveo.com/tucson/ Sell My Car in San Antonio: https://www.driveo.com/san-antonio/ Sell My Car in Omaha: https://www.driveo.com/omaha/ Sell My Car in Austin: https://www.driveo.com/austin/ Sell My Car in Spring, TX: https://www.driveo.com/spring-tx/ Sell My Car in Pasadena, TX: https://www.driveo.com/pasadena/ Sell My Car in El Paso: https://www.driveo.com/elpaso/ Sell My Car in Richmond: https://www.driveo.com/richmond/ ----------------------------------------------------- There are all kinds of ways to accept a payment from a buyer who wants to purchase your car, but they can also all go sideways. Cash could be counterfeit. Personal checks could bounce. A cashier’s check could be fake. An escrow service suggested by the buyer could be a scam. In all cases, never give your car to a buyer until you know for sure the payment has cleared and the full amount is available to you in your account. Deter scammers by requiring the buyer to meet you at your bank to make payment. Read More: https://www.driveo.com/blog/safe-payment/ Driveo - Sell Your Car. Easy, Fast, and Hassle-Free! Website: https://www.driveo.com/ #sellmycar #sellyourcar #carbuyers . . . Keywords: safe ways to accept payment when selling a car safe payment methods for selling your car safe ways to transfer money after selling car selling a car selling a used car sell your car car sales car sales tips selling cars driveo how to sell a car how to sell a car privately tips for selling a car tips for selling a used car sell my car sell car online car buyers buy a used car buying a used car selling a car privately tips for selling car privately