selling a car

[momsmustang]

ok guys I know all of you know more about this than we do, if we list a car to sell here, facebook, or anywhere, paypal tells me they charge 2.9%, is that all ? Is there hidden charges that we wont hear about until later? Is there a better or safer way other than cash? We have already determined if its cash, we will want buyer to meet us at our bank for them to determine the money is good. I HATE this, it seems like we dont trust anyone, but these days....you cant be too careful!! Any feed back would be appreciated....

[pintoboy77]

That is a good ideal to meet at a bank for that reason and most banks have a notary and can take care of the title at the same time and save you another stop and this way they can't check out your house or garage and come back later.

[Beagle]

I can't speak to Ebay. I would only sell local. Bank is good, along with taking a trip to the tax office to ensure the title gets transferred and they don't rack up a billion dollar toll gate fine against you or any other problems that come from the buyer not transferring the title.

I was reading True Grit last night and one of the comments struck home. You *think* you can trust somebody, but business is business. Honest people won't mind you concluding a transaction to where you never have to see them again or worry about it.

[Northeast Rod Run]

That is the complete fee for PayPal transactions. If you sold on Ebay, they would also take a fee.

Ebay only takes their fees once a month, but PayPal takes them immediately

[momsmustang]

our two sons would be fighting over who we gave it to,,,however, grandson turns 14 in a few weeks, he LOVED HRPT, so could save it for him, but that doesn't give us any $$$ back to work on next project !!

[Beagle]

even if you give it away make sure the title gets transferred.

You might see if there is a consignment type place? I'm not real fond of electronic deals personally - I guess it shows.