Question about selling a tractor

[scootr]

I got a fake $20 from an Arby's in 1995. That's all. By quick count I have easily handled $300k +. Cars, ATVs, motorcycles, records, Dads collection of Petroliana. Cashiers checks are ok too IMO as long as it looks legit. Now gold, my buddy got burned real good on gold. An $18k motorcycle gone in exchange for some plated lead. Good times!

ouch!

 

[seville009]

Just remembered a “selling” story from last summer- had listed some plow controllers for sale on Craigslist; few hundred bucks. Buyer contacted me; agreed on everything. Told him he could mail me a personal check, and I would ship them out. He was within 100 miles if I recall.

The next day he cancelled. Said a friend told him I was trying to scam him. I said “wait a minute - I’m willing to send you the items, and accept a personal check, and that’s a scam by me?” He didn’t really have an answer.

 

[PreacherM]

Years ago they were, but PayPal no longer charges any fees for personal transactions with linked bank accounts:

I'm thinking there is a limit of 10k per day on such transactions though. May be wrong though.

Edit: 10k per transaction, but can do multiple transactions though. No fraud protection on vehicle purchases.

 

[WinterDeere]

These days I prefer to do all my financial operations through Cash App. Many similar apps tend to freeze money and conduct inneccessary audits that prolong deals. I had some minor problems with Cash App in the past, but resolved it pretty easily through customer service here Cash App Customer Service Phone Number (855) 351-2274, Email, Help Center. Overall, I think in this digital age we need to get used to handlind our finances online.

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[tradosaurus]

You're replying to an 11 month old thread.

 

[WinterDeere]

You're replying to an 11 month old thread.

No. AndrewMiller78 was... last night. The Mod's subsequently deleted him.

 

[Fuddyduddy1952]

Real counterfeiters, go to the bank and get a $100 bundle of new uncirculated, dollars bills. Then they put the new bills in the dryer, with your funny money, aa few golf balls, and some poker chips, and run it on air dry for about an hour. This distributes the real ink from the new bills to your funny money, and roughs up your funny money enough that it doesn’t look fresh off the press.

This makes the tester pens, useless. Because the ink transferred from the ones reacts, the same as the ink on a real bill would.

Wait!
How did YOU know to do that!?!
..........

 

[Fuddyduddy1952]

Any large purchase I would want to meet at my bank for the transaction. They have better counterfeit detection than a pen. You have witnesses. They have money count machines.

 

[WinterDeere]

Any large purchase I would want to meet at my bank for the transaction. They have better counterfeit detection than a pen. You have witnesses. They have money count machines.

Surely true, but even they fail. The good news is that, like you say, at least the transaction is taking place in front of a teller.

I used to deal in a lot of cash, and received counterfeit bills on several occasions. Every one of those occasions was a bill received directly from the bank, either personally by me, or a close family member.

In most occasions, it was upon depositing the cash into a different bank, that the counterfeit bill was detected. I guess different banks have different detection systems, each with different flaws and false-positives or false-negatives in their ability to detect bad or good bills.

Almost every counterfeit was a $100 bill, which was always surprising, as I'd always heard that $20's were the "most-counterfeited" bill.

 

[LouNY]

Heck cause I can't say what I want to 4 out of 5 of my last tractor purchases have been with personal checks.
You people that scream and carry on about bad checks I don't have that much of an issue with them. Depending on were the check has been written and the individual depends on when the tractor or equipment gets picked up or delivered.

One party was a bit hesitant to take a check upon delivery, so we ran into town to the Bank and he got his check right there no if's an's or but's. Others have had no issues taking a check as they know were the equipment is. Also when I do a "Bill of Sale"
my drivers license and the other parties is laid out right on top of the bill of sale and a picture is taken or it's been scanned and printed out.

I have done some large purchases and sales with cash when done with longer distance parties.