Out of state purchace
#1
Out of state purchace
I am considering buying a bike sight unseen from a other forum member. The bike is exactly what I want, down to the color. Tha mods done are very much to my liking. The price AND transport are fair.
What is the best way to exchange to cash so that both parties can be sure of a fair and honest transaction?
I instinctively trust the seller, but than again my brain says to trust but verity.
What way is the best way to check the vin?
Will make sure the transport company inspects for damage before packing the bike.
Thanks,
Jack
What is the best way to exchange to cash so that both parties can be sure of a fair and honest transaction?
I instinctively trust the seller, but than again my brain says to trust but verity.
What way is the best way to check the vin?
Will make sure the transport company inspects for damage before packing the bike.
Thanks,
Jack
#2
Some use an escrow service to hold the money until the item is delivered and approved. I've used them in the past. Both parties must agree to use one. There is a fee for this of course. Some as low as 0.09%. Then there must be a binding agreement on the condition of the bike when delivered and ways to remedy deficiencies such as shipping damage if they occur. Other than that there is always PayPal which is not actually an escrow service and do not provide the same services. Google for escrow. Some are designed for on-line vehicle sales. It's an easy way to buy and sell on-line worry free. As for the VIN get a copy of the title and check with seller's BMV. Your BMV will want it inspected once you receive the bike. Put that in the purchase agreement.
Last edited by Spider0408; 05-21-2019 at 09:47 AM. Reason: addition
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