|
Buying classic with escrow service?
#2857607
12/09/20 01:29 PM
12/09/20 01:29 PM
|
Joined: Feb 2003
Posts: 10,294 Someplace you aren't
SomeCarGuy
OP
I Live Here
|
OP
I Live Here
Joined: Feb 2003
Posts: 10,294
Someplace you aren't
|
I’m not able to go this time and get the car like always before. I’m comfortable with what I’ve seen and talking with previous owner before this one.
Classic car carriers won’t handle cashier check or title, that was plan after several conversations with the seller as to what we’d do.
I see some escrow services that hold the title and money until the car arrives. Then seller gets the cash and I get the title. It’s insignificant amount that I would pay. Makes me uneasy to have another group involved and invite them to mess something up. Reviews mention troubles, but do seem to all be with an overseas buyer or seller. That’s not the case here, but still...
Anybody have experience with such?
I want my fair share
|
|
|
Re: Buying classic with escrow service?
[Re: TJP]
#2857865
12/09/20 10:42 PM
12/09/20 10:42 PM
|
Joined: Feb 2003
Posts: 10,294 Someplace you aren't
SomeCarGuy
OP
I Live Here
|
OP
I Live Here
Joined: Feb 2003
Posts: 10,294
Someplace you aren't
|
Ends up it doesn’t matter. Seller doesn’t have it in his name, so escrow won’t touch it. Would like to know for future reference if anybody has had success with these services.
I want my fair share
|
|
|
Re: Buying classic with escrow service?
[Re: SomeCarGuy]
#2858256
12/10/20 09:16 PM
12/10/20 09:16 PM
|
Joined: Jan 2003
Posts: 15,829 Omaha Ne
TJP
I Live Here
|
I Live Here
Joined: Jan 2003
Posts: 15,829
Omaha Ne
|
There is one that was started locally called PAY SAFE. I know the guy that started it but he has since sold it and moved on. He was very well established and trustworthy. Don't know much else about it. Looks like they were acquired by New company LINK
Last edited by TJP; 12/11/20 09:43 PM.
|
|
|
Re: Buying classic with escrow service?
[Re: TJP]
#2858466
12/11/20 11:51 AM
12/11/20 11:51 AM
|
Joined: Feb 2003
Posts: 10,294 Someplace you aren't
SomeCarGuy
OP
I Live Here
|
OP
I Live Here
Joined: Feb 2003
Posts: 10,294
Someplace you aren't
|
Thanks I’ll file that away in case I have a need again or if this guy accepts that taxes are just something that are a part of life and if he wants the car gone that’s the game. Hard to set a market leading price on a car if you don’t come in correct.
I want my fair share
|
|
|
|
|
|