05-21-2007, 11:23 PM
[quote Chupa Chupa]I'm a little uneasy by the cash aspect. It just seems a little unnatural to carry a suitcase of cash out of the bank, and then pile it up at your bank for deposit like in a movie.
When selling a car I'm perfectly happy to have the seller bring cash. If he won't do cash, then have the transaction done at the seller's bank. That way, you both go to the window and you witness him get a cashier's check which he/she then gives to you in exchange for the title. I won't accept a cashier's check (or personal check) if I don't witness it being created by the bank. They are just too easy to counterfeit and there are plenty of stories of people losing money this way.
When selling a car I'm perfectly happy to have the seller bring cash. If he won't do cash, then have the transaction done at the seller's bank. That way, you both go to the window and you witness him get a cashier's check which he/she then gives to you in exchange for the title. I won't accept a cashier's check (or personal check) if I don't witness it being created by the bank. They are just too easy to counterfeit and there are plenty of stories of people losing money this way.