I have to agree with the mass. It is one of the biggest scams out there. They will send you a cashiers check and tell you the shipper will be there a couple of days after the check. Sometimes they will even tell you that they messed up on the amount and got the check for to much and if you could please send them the difference and that you can keep a little more than your asking price for the hassle. At the very least I would tell him that the bike is not going anywhere until the check has cleared, usually 5 to 7 business days. A lot of banks will not instantly know if a cashiers check is good or not. A lot of banks process it just a regular check just to find out a few days later that the check is fraudulent. By then your bike will be long gone.

 

If it's a real cashiers check, it's as good as cash. BUT if it's fake, it's worthless.

So solve this problem, he doesn't get the bike until the check clears. Take it to the bank, they should be able to cash it immediately. If possible, take it to the bank that issued it.

 

Deal locally and in cash, saves the worry and headache!

 

Well here come the BS, I emailed him and last night that i wanted to wait to hear from the bank till check clears. Today he emailed me saying that since its a big transaction and iam worried about the check he is going to come to me with cash. He cliams he wanted to have it home before his girlfriend came back from some trip this way she couldnt stop the deal . Now he said he is going to wait for her. So i guess its not sold.

 

I bought a bike from someone on this forum from the classifieds. He's in GA I'm in CO. I posted a thread re: this same dilemma and got some good advice. I ended up using Shippingmasters. They set up the shipping through Keyboard/Motorcycle shipping. I sent the Certified Check (which I was told is better than a Cashier's Check) to Shipping Masters. The seller sent the signed title to Shipping Masters. The bike was picked up by the shippers and while in transit, the check was sent to the seller. He was able to cash it before I got the bike and I was sent the title which Shipping Masters determined was good. If the seller was unable to cash the check he could have cancelled delivery. By the time it got to this point I'd had numerous conversations and emails with the seller and we both felt it was probably a waste of time as we were both comfortable with each other but we both felt protected having a third (escrow) party involved.

 

I'm selling my bike this fall or next spring and there is no way in hell that I would take anything except cash which we will take to my credit union to scan to verify that it isn't counterfit. Any other type of paper or electronic transfers can be junk or reversed. And I'm going to make a copy of their license, it better have a MC designation on it, and have them sign a waver stating that if they **** up my bike in anyway during a test drive that they bought it. Too many lookie loos, **** for brains and rip off scumbags out there just wating to get a bike for free.

 

Hey Stevieg, That's a great way to handle a complicated transaction.

 

+1 Im going through this crap right now. My stepson had a friend of a friend that needed a check cashed. Well for a toon of 890 dollars found out the check was a fake. No money in his account so they froze mine for the funds.

 

OFF Topic, but I put an ad on C list for my daughter's drum set and some dude from England wanted me to ship to him....SAY WHAT ??? they don't have used drum sets in England??? I know it's disgusting, but I hope everyone here has the brains to trust no one in financial dealings (especially our relatives). ...

 

This is a pretty simple one. Take cheque to bank. If it hasn't cleared by the time the shipper comes for it tell them too bad,until the cheque clears.
Simple