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<blockquote data-quote="1995COBRA-R" data-source="post: 4591589" data-attributes="member: 9515"><p>Bill,</p><p>I agree that one must be careful as it regards getting real funds from a buyer.</p><p></p><p>However, I refuse to wire money to a seller. If you wire funds (as he requested), how do you know you'll ever get a clear title? The wired funds are good as soon as they are received. That situation is a one-way street.</p><p></p><p>What if he doesn't get you the proper paperwork? What if the title ends up having a lien on it that can't be easily cleared? What if the title is forged? </p><p></p><p>I am no reason to doubt this guy has full and clear title to the vehicle. But, he has a truck he wants to move it, and I have the cash. If he insists on requiring that the funds be wired, he can count me out as a buyer. He allowed no negotiation as to the payment requirement. </p><p></p><p>I guess he will not even accept cash payment?</p><p></p><p>Your requirements are much different than those outlined in this auction. I can work with a seller so that he knows he will get certified and good money. He has to work with me so as to insure that I get full and clear title.</p><p></p><p>Otherwise, I'll walk, and he can market the car to someone else.</p><p></p><p></p><p>I agree. I am currently talking to a guy that has his account at the same bank as I do. He has the clear title in his hand. We can meet at our bank where he can verify that my funds are good and transferable. I can see him sign the unencumbered title to me.</p><p></p><p></p><p>A Museum usually has a tax advantaged non-profit status from the IRS.</p><p></p><p>They usually charge an entry fee to help cash flow considerations (or the museum is operated by a rich guy that doesn't mind losing a hundred grand a year).</p><p></p><p>If he has a museum, why sell the car truck now? If I bought a 1993 anything and stored it from day one, I'd plan on keeping it a long time. I just don't understand why someone would just decide to sell it before it's full value could be booked?</p><p></p><p>Of course, I don't understand why people pay big money for first-growth Bordeaux or pop art. Why buy a painting of soup cans when you can buy a real (the value is already determined) classic painting?</p></blockquote><p></p>
[QUOTE="1995COBRA-R, post: 4591589, member: 9515"] Bill, I agree that one must be careful as it regards getting real funds from a buyer. However, I refuse to wire money to a seller. If you wire funds (as he requested), how do you know you'll ever get a clear title? The wired funds are good as soon as they are received. That situation is a one-way street. What if he doesn't get you the proper paperwork? What if the title ends up having a lien on it that can't be easily cleared? What if the title is forged? I am no reason to doubt this guy has full and clear title to the vehicle. But, he has a truck he wants to move it, and I have the cash. If he insists on requiring that the funds be wired, he can count me out as a buyer. He allowed no negotiation as to the payment requirement. I guess he will not even accept cash payment? Your requirements are much different than those outlined in this auction. I can work with a seller so that he knows he will get certified and good money. He has to work with me so as to insure that I get full and clear title. Otherwise, I'll walk, and he can market the car to someone else. I agree. I am currently talking to a guy that has his account at the same bank as I do. He has the clear title in his hand. We can meet at our bank where he can verify that my funds are good and transferable. I can see him sign the unencumbered title to me. A Museum usually has a tax advantaged non-profit status from the IRS. They usually charge an entry fee to help cash flow considerations (or the museum is operated by a rich guy that doesn't mind losing a hundred grand a year). If he has a museum, why sell the car truck now? If I bought a 1993 anything and stored it from day one, I'd plan on keeping it a long time. I just don't understand why someone would just decide to sell it before it's full value could be booked? Of course, I don't understand why people pay big money for first-growth Bordeaux or pop art. Why buy a painting of soup cans when you can buy a real (the value is already determined) classic painting? [/QUOTE]
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