[Mgs] Selling autos on Ebay

[Dave]

I am not that naive.  there is a big difference between check posted and 
cash actually there.

if you look again - what I said was "the bank assures me that the cash is in 
my account."  not that a check has been deposited

-----Original Message----- 
From: Barrie Robinson
Sent: Monday, September 17, 2012 8:46 AM
To: Dave ; mgs at autox.team.net
Subject: Re: [Mgs] Selling autos on Ebay

Dave,

Getting cash in the bank does not save you from scammers.  Banks post
your "purchaser's" cheque to your account - so you reckon you have
the cash.  But the bank can take up to three weeks to clear the
cheque with the "purchaser's" bank.  They then find the cheque is a
phony.............so they deduct the cash from your account
!  OUCH.  The only way is to get your bank that THEY have got the
money against the cheque.  In Canada a US cheque will usually take 3
weeks to clear.   Of course, the best way is get the purchaser to use PayPal



At 11:49 AM 9/16/2012 -0500, Dave wrote:
>I have listed and sold vehicles on ebay.  whenever I list anything, I 
>always put in something to the effect:  scammers don't bother - this item 
>is not going anywhere until my bank assures me the cash is in my account.
>
>that has so far prevented those kinds of experiences.
>
>most recently I listed a vehicle (72 VW convertible that I had run across 
>being sold by a friend of a friend way too cheap) and I got a call from 
>arizona (I'm in dallas).  he was offering to make the deposit via paypal, 
>and was going to bring me the cash if I would take down the listing.  he 
>paypal'd me the $$ so I was still ahead taking down the listing.  he 
>brought me cash a few days later and the car is now in arizona.  I was 
>skeptical and careful.