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Questions About Private Sale Transactions

236 messages,  Last post on Nov 20, 2009 at 5:18 PM

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#81 of 236 Re: Please Help [jainct] by dtownfb Aug 29, 2007 (6:31 pm)
Replying to: jainct (Aug 28, 2007 3:04 pm) Your friend should contact the lienholder and get this situation resolved. Based on what you described, your friend got the short end of the sitck and is trying to rresolve the situation. I don't see how he can get into trouble.
#82 of 236 Virtual Walk-thru for Used Cars! by ed_zschow Sep 27, 2007 (7:26 pm)
Guys this is pretty cool...did anyone see the 360 deg. immersive walkthru for *used* cars as we have for real estate! No more fixed and limited view photos...I think this would change online used car marketing forever! Replies to this message: qbrozen (Sep 28, 2007 4:46 am) british_rover (Sep 28, 2007 6:40 am) ed_zschow (Sep 29, 2007 6:56 am)
#83 of 236 Re: Virtual Walk-thru for Used Cars! [ed_zschow] by qbrozen Sep 28, 2007 (4:46 am)
Replying to: ed_zschow (Sep 27, 2007 7:26 pm) hmmm... well, at least you didn't plug a company name.   anyway, I don't see it being any more useful than photos. And it could have been done at any time by someone with a digital video cam (and has been done). But, frankly, a 320x240 video is still an extremely poor substitution for an in-person looky touchy. Grainy video can still hide alot of problems, not the least of which is previous paint work. Replies to this message: british_rover (Sep 28, 2007 6:40 am) ed_zschow (Sep 29, 2007 6:56 am)
#84 of 236 Re: Virtual Walk-thru for Used Cars! [qbrozen] by british_rover Sep 28, 2007 (6:40 am)
Replying to: qbrozen (Sep 28, 2007 4:46 am) I used to do this all the time with our used cars. Shoot a quick 30-60 sec video load it up on Youtube and then embed that youtube video into the cars.com or autotrader ad.
#85 of 236 Re: Virtual Walk-thru for Used Cars! [qbrozen] by ed_zschow Sep 29, 2007 (6:56 am)
Replying to: qbrozen (Sep 28, 2007 4:46 am) Thats what I have seen before too...but this is different...high-res walk-thru...not even sure if I am saying it right...but its interactive 3D graphics not video. I hate video, specially low-res as it provides even less info than photos...this is the real deal! Of course it wont hide clever paint work but it seems darn close to seeing cars in person...you can even zoom in and out at any spot you want! You gotta check it out to believe...Ed
#86 of 236 How long to wait to sell a car? by msindallas Oct 09, 2007 (1:02 pm)
Here's a situation - I want to buy a new car from a dealer after selling my old car in a private transaction. I test drive the vehicle I want and ask the dealer to hold it for a few days. From my online ad's, I agree to sell my old car to a buyer for $x. He comes over, test drives the car, finds everything OK, pays me a few $100's in good faith to hold the car for him. Now, he cannot get the title transferred because he has no valid U.S. drivers license - and consequently - no insurance. He's got an expired Kansas license, and is currently driving a rental car with some International Driving Permit. This is going on for about a week, and he just wants me to wait until he gets his license/insurance taken care of. Meanwhile, I am responding to other enquiries about my ad as "car is sold", since I have accepted his advance payment.   Any advice on how long should I wait, or if I should let others come by and test drive the car? I am driving the car everyday for my commute, and not really worried about transportation, but this delay is getting a bit irritating. Thanks, - MS. Replies to this message: kyfdx (Oct 09, 2007 1:59 pm) qbrozen (Oct 10, 2007 5:34 am) cccompson (Oct 10, 2007 3:05 pm) msindallas (Oct 11, 2007 3:55 pm) jipster (Oct 16, 2007 6:29 pm) and 1 more...
#87 of 236 Re: How long to wait to sell a car? [msindallas] by kyfdx HOST Oct 09, 2007 (1:59 pm)
Replying to: msindallas (Oct 09, 2007 1:02 pm) You've waited too long, already...   Call him up.. give him his money back, and get your car sold...
#88 of 236 Re: How long to wait to sell a car? [msindallas] by qbrozen Oct 10, 2007 (5:34 am)
Replying to: msindallas (Oct 09, 2007 1:02 pm) i would call the buyer and inform him that you are going to resell the car to the next buyer and if he wants it he better come pay up before that happens. Then proceed to do just that. If a new buyer comes along and pays, then that is that.
#89 of 236 Re: How long to wait to sell a car? [msindallas] by cccompson Oct 10, 2007 (3:05 pm)
Replying to: msindallas (Oct 09, 2007 1:02 pm) Your situation illustrates why it is important when taking a deposit to specify in writing a date certain by which the balance is due.   BTW, once you contract to sell a vehicle it is a good idea to park it lest anything bad happen to it prior to delivery to the buyer. Replies to this message: msindallas (Oct 11, 2007 3:55 pm) jipster (Oct 16, 2007 6:29 pm) msindallas (Oct 17, 2007 4:55 pm)
#90 of 236 taking title to a used car with a lien by willieandyoda Oct 11, 2007 (2:09 pm)
Buyer (me) and seller have reached a price. But, the car has a lien on it (auto loan through bank). In order to take title, loan has to be paid off. But seller needs my payment in order to pay off loan. Which means, I'll give the seller his money, and take possession of the car without a title, at least for a week or so. This sounds sketchy to me, especially since we are talking around $20k here.   Is there a way set this deal on firmer ground? Should I cut the deal, even thou I'll initially be w/out title?   TIA, Ed Replies to this message: british_rover (Oct 11, 2007 2:14 pm)

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