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    Results 1 to 16 of 16
    1. #1
      Join Date
      Feb 2008
      Location
      Cuba, Mo
      Posts
      92

      Accepting payment for parts

      I had a schwartz chassis for a first gen camaro listed on the market place on this forum. Someone from Californa contacted me about buying it a couple of months ago about buying it. Well we have now agreed on a price. He wants to send a transport company to pick it up. He is wanting to pay me with a Money order but I am not fond of those. Is there anyone with any other ideas on how to transfer money. Also he wants to pay Half now and the half after he gets the rolling chassis delivered. Is the there anyone out there that would do this. Has anyone ever dealed with an escrow on a transaction like this so someone can hold the money until both parties are satisfied. I do not want to let this go without being paid for it does anyone agree with me?



    2. #2
      Join Date
      Apr 2006
      Posts
      1,027
      get paid in full like Schwartz does before the chassis ships, period.
      he should find someone to pick it up and ship it if he is nervous.
      have him send you a bank check and wait for it to clear, thats the only way, or tell him to buy one from Schwartz

    3. #3
      Join Date
      Aug 2007
      Location
      NW Oregon
      Posts
      581
      Country Flag: United States
      I wouldnt ship it without payment in full, unless you know the guy or he has very good and long standing reputation.

      Money orders are fine, just make sure you have cashed it and the money is in your hand or posted in your account.
      RobS
      71 Demon, 6.1hemi, paddled 4l65e, AlterK, Tri4,

    4. #4
      Join Date
      Mar 2005
      Location
      Miamisburg, Oh
      Posts
      2,396
      Agree with all the above.
      Money orders are fine but I didn't think they actually did them over $500. maybe that's a long time ago.

      That said, a Cashiers check IN FULL is the way I'd want to go. Payment in full is how Internet transactions go,....he has a right to be concerned but this is the way it should go down.

      I like the idea of him getting someone to come look at it, or watch it get loaded. That's his deal to work out.

      Hell, I'd even take a check......but I wouldn't ship until it cleared and actual money was in my account.
      69 RS
      LS7, T56 and other cool stuff
      Back on track in late 2020!
      Build Thread

    5. #5
      Join Date
      Mar 2008
      Location
      Chapel Hill, NC
      Posts
      337
      Country Flag: United States
      Not sure how much you sold it for. I'd be more comfortable with a US Postal Money Order than I would with a bank check. You can deposit the check and wait till it clears, but that doesn't mean it can't be charged back to your account...I know someone that it happened to. He eventually got it worked out, but was freaking out for about 2 weeks.

      Definitely get paid first. He should be able to find someone from the forum in your area that can send him some independent pics or something to make him feel better.
      Dan
      Chapel Hill, NC
      ***PM me if you're close by and can help with my 65 Mustang Fastback project***

    6. #6
      Join Date
      Feb 2008
      Location
      Cuba, Mo
      Posts
      92
      I've sent him pictures of everything I have. He says that he is nervous about me coming through with the stuff and was wanting to hold half of the payment for colatrel but as soon as the parts are gone I have no coleteral. He has already aranged the transportation to pick it up. I for sure want paid for it before it leaves. He keeps insisting on paying half and he doen't want to deal through a bank.

    7. #7
      Join Date
      Apr 2006
      Posts
      1,027
      move on to another buyer then.
      its a scam.
      you won't get the other half, thats for sure
      payment in full or have him order one at full price from the maker

    8. #8
      Join Date
      Mar 2007
      Location
      Los Angeles, CA
      Posts
      614
      Get a cashier's check or a bank transfer, then have him come out and inspect it and put it on the truck himself, so he can't back out later.

      If he only wants to pay half, and doesn't want to deal with a bank, that should raise an ENORMOUS RED FLAG for you.

      Seriously, what kind of person can afford a Gen 1 Schwarz chassis, but can't get their act together to pay for it? Something's really fishy here.

    9. #9
      Join Date
      Oct 2005
      Location
      Odessa mo.
      Posts
      925
      Country Flag: United States
      See if the transport co. will take a check from him then bring you the cash. Maybe they could act like the escrow person only pay you before they load it up.Something like the old COD type of thing. I don't know if this would work but it might be an idea to look into.

    10. #10
      Join Date
      Nov 2006
      Location
      Ma.
      Posts
      5,569
      Country Flag: United States
      Every time I try to be the good guy I get it tucked to me . Be Ware
      Wayne
      Car FINALLY home !!!!!! lol
      Project FNQUIK https://www.pro-touring.com/showthre...ghlight=FNQUIK

    11. #11
      Join Date
      Dec 2004
      Location
      Beaufort , NC
      Posts
      1,849
      Country Flag: United States
      Quote Originally Posted by bigvegan
      Get a cashier's check or a bank transfer, then have him come out and inspect it and put it on the truck himself, so he can't back out later.

      If he only wants to pay half, and doesn't want to deal with a bank, that should raise an ENORMOUS RED FLAG for you.

      Seriously, what kind of person can afford a Gen 1 Schwarz chassis, but can't get their act together to pay for it? Something's really fishy here.
      X2 ,and I dont think I would trust the transport co to bring the $.
      1968 F100 sb full vic chassis swap
      1965 Mustang coupe 347 5 spd cheap touring SOLD
      2003 Porsche 996 Outlaw LS2 swap SOLD
      1992 Lexus SC400 daily SOLD
      1966 Porsche 912 Outlaw SOLD
      1968 Ford F-100 sb SOLD

    12. #12
      Join Date
      May 2005
      Location
      Miami
      Posts
      2,218
      Country Flag: United States
      Get paid in full via wire transer before letting the chassis go.

    13. #13
      Join Date
      Apr 2001
      Location
      Rockford Illinois
      Posts
      3,949
      Country Flag: United States
      Quote Originally Posted by 70RS
      I've sent him pictures of everything I have. He says that he is nervous about me coming through with the stuff and was wanting to hold half of the payment for colatrel but as soon as the parts are gone I have no coleteral. He has already aranged the transportation to pick it up. I for sure want paid for it before it leaves. He keeps insisting on paying half and he doen't want to deal through a bank.
      He might be legit and never laid down this much $ at one time for someting he can't touch when he is paying fo it.

      It does make him someone who doesn't understand how the game is played and I wouldn't recommend bending the rules just for him. He would get no other treatment from a business selling him any other product and if he doesn't understand , he soon will if he want's a frame from you or Jeff.

      Don't get drug into a battle of wits and fraud because he needs learn the right way or you need to learn it too!

      Goodluck and get the right price for it too.

    14. #14
      Join Date
      May 2000
      Posts
      4,151
      Country Flag: United States
      Quote Originally Posted by jy211
      Get paid in full via wire transer before letting the chassis go.
      Bingo! Done.

    15. #15
      Join Date
      Apr 2005
      Location
      Chicago
      Posts
      2,788
      Country Flag: United States
      I agree - no Tickeee no washeeee

      Paid in full - funds cleared then he can have the chassis.

      I to have been burned by this exact scenario before
      marty-mj
      GarageScene.net High Speed Welding KDHotrods RecoveryRoomInteriors WegnerAutomotive Autometer Ride-Tech

    16. #16
      Join Date
      Aug 2005
      Location
      Patterson, NY
      Posts
      784
      I think if he wants to be sure everything is there he needs to have an itemized bill of lading for the transport company. Make it so the transport company checks off each and every part, so you know they picked up everything, and the buyer has a checklist to make sure it all arrives. If everything is not there when the transporter arrives to pick it up they should refuse to accept the shipment.
      This protects you and the buyer.
      Definitely get paid in full before letting the parts go.




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