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  #1  
Old 11-03-2011
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GreenBird GreenBird is offline
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Default 1986 PT40 for $41k

Just happened to see this one - looks really nice

http://www.vintagebirds.com/bill-bd.htm
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Trufant, MI
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  #2  
Old 11-03-2011
bubblerboy64 bubblerboy64 is offline
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I agree. If it's as nice as it looks it should be an easy sell at that price.
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Old 11-03-2011
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there are no easy sales these days.
What looks as easy as writing a check can go bad fast if the bank can't cash the check!
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Randy Dupree
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Old 11-03-2011
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Our seller wanted a cashier's check and called the bank to confirm it. I don't blame them one bit.
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Old 11-03-2011
bubblerboy64 bubblerboy64 is offline
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Interesting. I am sort or isolated in my own little world. Don't have much problem with bad checks but I certainly have trouble getting paid some times. Can't imagine some one writing a check for that kind of purchase and having it not clear but I guess it must happen then. I am afraid of cash too. Lots of fake money out there.
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Old 11-03-2011
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Apparently there are fake cashier's checks also.
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Old 11-03-2011
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I guess until the check clears you never know. When I bought mine we did a wire transfer from my bank to his. I would assume that's as secure as it gets for large transactions?
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Old 11-03-2011
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Quote:
Originally Posted by bubblerboy64 View Post
I guess until the check clears you never know. When I bought mine we did a wire transfer from my bank to his. I would assume that's as secure as it gets for large transactions?
...apparently so..
Because cash is no good anymore. Not over $10,000.
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Old 11-03-2011
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Quote:
Originally Posted by GreenBird View Post
Apparently there are fake cashier's checks also.
I've been out of the "cop shop" for 10 years and I'm sure things have gotten worse, in that time. I can tell you that even then you couldn't trust a Cashier's or Certified Check. One of the last cases I worked was on a couple of guys that went around and bought stuff with Certified Checks. One of the victims sold a $45K truck to these guys. Took the check to his bank. They gave him the title, and signed off on the loan as being paid in full. He gave the title and the truck to the crooks. The check came back from the Fed as phoney. The guys bank told him he owed them nearly $40K for what was left on the loan. He called me and asked me what to do and I told him to get a lawyer, but that if it was me I wouldn't pay it. He should have been able to rely on the bank to verify if the check was good or not. If they were fooled it should be their problem. As it turned out the bank ended up eating the loss. But the bottom line is that with the computers and printers today, you can't trust any instrument anymore. From everything that I can tell wiring money is the safest, but I would have a seperate bank account for that transfer. That account would be used for only that purpose. As soon as that money is in the account, I would remove that money and place it in another account and even in another account in another bank. That way if you bank makes a mistake and they decide to freeze your account they won't be able to. This is what I have done for quite some time now and I feel somewhat comforable. There is always some "pucker factor" until I know the money is secure and inaccessable to anyone but me. That's just the way of the world these days.
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Old 11-03-2011
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Quote:
Originally Posted by cap'nron View Post
...apparently so..
Because cash is no good anymore. Not over $10,000.
I just had 17K wired to me on a truck I sold to a dealer in VT. I had to wait 24 hrs for the wire transfer to clear. How's a kidnapper supposed to operate in this environment?
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