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I personally hate making large purchases using paper money. 2 main reasons for this:
1) No paper trail. No record of the transaction. For a car, there is title transfer and registration, which is probably fine if all goes smoothly.
2) I don't like carrying large sums of paper money around - it could be stolen somewhere along the way (various scenarios).
I prefer either a certified check, money order, (both from a bank), or (in Canada, not sure if you can do this in USA) an Interac E-transfer... All of these are as good as cash, but have a paper trail, require a signature or acceptance, get deposited in accounts, etc...
I don't manage my money by stashing it under a pillow so I don't like to transact major purchases that way either!
Posts in this Thread:
- Acceptable Payment Forms for Selling Saabs, Scott Paterson , Mon, 2 May 2016 16:48:01
- Re: Acceptable Payment Forms for Selling Saabs, EGD , Fri, 23 Oct 2020 12:35:02
- The Best Non-Cash nswer To Date: Wiring with Routing Number... More..., Scott Paterson , Thu, 22 Oct 2020 16:34:13
- Re: Acceptable Payment Forms for Selling Saabs, 900T , Fri, 29 Mar 2019 10:46:51
- Certified Check or certified check plus cash, Scott Paterson , Wed, 20 Mar 2019 18:37:53
- Re: Acceptable Payment Forms for Selling Saabs, et all, neil dale , Mon, 25 Feb 2019 14:48:15
- Escrow.com, Scott Paterson , Sat, 7 Apr 2018 10:38:48
- Bank Wire, Scott Paterson , Thu, 20 Apr 2017 15:05:44
- Escrow.com, Scott Paterson , Mon, 31 Oct 2016 15:32:39
- Re: Acceptable Payment Forms for Selling Saabs, Dean, Thu, 5 May 2016 08:05:17
- Certified check + call to bank, RodM, Wed, 4 May 2016 14:33:451
- Been on both ends..., Skip, Tue, 3 May 2016 17:28:26
- the downsides of cash, Snowmobile , Tue, 3 May 2016 07:43:16 <-- Viewing This Message
- Re: Acceptable Payment Forms for Selling Saabs, Dan-O, Tue, 3 May 2016 06:29:34
- As you said, cash is king, JerseySaab , Mon, 2 May 2016 17:31:12
- Re: Acceptable Payment Forms for Selling Saabs, NCCaniac , Mon, 2 May 2016 17:03:10
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