Tim Suddard
Tim Suddard Publisher
7/27/18 9:29 a.m.


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Story by Tim Suddard • Photography by Tim Suddard and David S. Wallens • Illustrations by Sarah Young

It seems to be easier than ever to sell your stuff, thanks to a ple…

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haringmp
haringmp New Reader
2/20/24 11:30 a.m.

Regarding sales tranactions in buying & selling around 70 vehicles as a hobbyist:

1) Rarely gave/received a deposit

2) Got a signed Bill of Sale (rarely witness or Notary signed) before ANY money changed hands

        All inclusions with the vehicle got listed in an appendix/addendum to the Bill of Sale

3) Rarely used cash, used paper trail of bank draft or wire transfer (fees small)

4) Received/sent all money, then received/sent title, then took/sent delivery of vehicle ASAP

Only had 3 bad transactions: one from a prima donna owner who misrepresented his vehicle & 2 where the title transfer was too loose on my part - (fooled me once, fooled me twice...not lol)

thank you for a great article on due diligence!

Tim Suddard
Tim Suddard Publisher Emeritus
2/23/24 7:23 a.m.

In reply to haringmp :

Our pleasure!

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