What is the safest way to buy a car from out of town? | FerrariChat
Buy

What is the safest way to buy a car from out of town?

Discussion in 'Rocky Mountain' started by spiderseeker, Jul 30, 2005.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. spiderseeker

    spiderseeker Formula 3

    Jul 22, 2005
    1,718
    Colorado
    Full Name:
    Steve
    #1 spiderseeker, Jul 30, 2005
    I will of course have a PPI done, I'm more concerned about HOW to pay safely without being ripped off. Do most of you use escrow companies, cashiers check or wire transfer? What safeguards do you take to make sure they send the car after you send the money.
    (Going out of town to pick it up isn't an option)
    Steve
     
  2. awhite

    awhite Formula 3
    BANNED

    Jul 13, 2005
    1,229
    still here
    Full Name:
    hmmmm
    #2 awhite, Jul 30, 2005

    Who are you buying it from ??

    I purchased mine site - unseen, but it from was Jim Lyons, and he reputation is 100%, so I didnt have anything to worry about.

    I have heard of some people on Fchat that would possibly go out and get your car, fyou would cover airfare, hotel oif needed, etc..

    The best person to ask on this would be Roland.

    What ya gettin ?
     
  3. sherpa23

    sherpa23 F1 World Champ
    Owner Rossa Subscribed

    May 28, 2003
    10,008
    Rocky Mountains
    Full Name:
    Bastuna
    #3 sherpa23, Jul 31, 2005
    Write a definitive purchase agreement before you send any funds. Have them sign that (you sign it, too). Make sure that it has a damages section with specific performance as the option that you would like to execute.

    I have never used escrow for a car but it's probably a good way to go.
     
  4. hardtop

    hardtop F1 World Champ

    Jan 31, 2002
    11,294
    Colorado
    Full Name:
    Dave
    #4 hardtop, Jul 31, 2005
    One thing I always like to do first is get a copy of the title to make sure it is in the name of the person selling without any liens, etc. If there is a lien, you can probably talk to the finance company and send the money to them. If it's a dealer, just make sure they are reputable and have been around for a while and send money. Don't be afraid to ask for references for a private party. Of course, it's always preferable to do it in person.

    Dave
     

Share This Page