Well, I think to most people, that means green folding money, the old fashioned way. There is a bike shop around the corner that is very highly regarded for antique restoration, been there for many years, they did the heads on my shovelhead. They deal in cash only. It doesn't matter how much the job is, and some people bring old Indians, knucks and flatheads to them for complete high dollar restorations.
[This message has been edited by williegoat (edited 08-30-2014).]
To most people these days, it means "I dont care what your ad says, I am paying the way I want (if I feel like paying at all and not just taking my entitlement) and if I dont get my own way I will sue you"
It means bring cash, and backup depending on how much is involved. "Cash only" is a buzzword for "meet me so I can rob you."
DING DING DING--WINNER!
I passed on a piece of cattle handling equipment I really really wanted and needed primarily for 3 reasons. 1. Cash only. 2. It looked to be in very good shape from the CL pictures but was WAAY underpriced for what it sold for new. 3. When I called, it was about 5 times further out in BF, Egypt East Texas than I am, with only one way in and one way out down about 5 miles of dirt rd ---and no cell signal.
I sold an engine for 5600 bucks cash only. I would only meet at a bank during business hours.. he gave me the cash i handed it to the teller, she checked the bills to make sure it wasnt counterfeit with one of those markers put it all in my account. Went out to the parking lot pushed the engine on a pallet from my truck to his with about a 8 inch drop inbetween.. worked out great.
[This message has been edited by Steel (edited 08-30-2014).]
When I see cash only I don't buy it, even if I was only going to spend cash. To me it's a red flag.
I may ask if they will take a check, or some sort of bank cashiers check, if it's something I really need. If they are locked into cash only it means they are either doing things under the table, to avoid taxes etc. I don't have an issue there, they just need to be honest about it, and give me a discount as well. or are trying to rip you off, OR for some reason think this will keep them from getting ripped off.
When I pay with a check, debit card, or credit card it gives me another receipt, and in some cases another way to protect myself. Cash offers no protection, and like I said earlier, if I have to pay cash, I think there should be a discount.
When I see cash only I don't buy it, even if I was only going to spend cash. To me it's a red flag.
I may ask if they will take a check, or some sort of bank cashiers check, if it's something I really need. If they are locked into cash only it means they are either doing things under the table, to avoid taxes etc. I don't have an issue there, they just need to be honest about it, and give me a discount as well. or are trying to rip you off, OR for some reason think this will keep them from getting ripped off.
When I pay with a check, debit card, or credit card it gives me another receipt, and in some cases another way to protect myself. Cash offers no protection, and like I said earlier, if I have to pay cash, I think there should be a discount.
Brad
I think you wouldnt be buying from me off of C/L or Kijiji.....I ONLY take cash. I am willing to meet at a bank as posted above, If you want a reciept no problem.....but cheques can bounce, certified cheques can be stopped, even postal money orders can be stopped. Wire transfer is out because these days NOBODY gets my account number. I just dont do online ANYTHING financial.
If you wont pay cash, somebody else will.
[This message has been edited by MidEngineManiac (edited 08-30-2014).]
When I pay with a check, debit card, or credit card it gives me another receipt, and in some cases another way to protect myself. Cash offers no protection, and like I said earlier, if I have to pay cash, I think there should be a discount.
Brad
And gives you a chance to rip them off .. checks offer no protection to the payee.. ( even cashier checks )
Prepaid 'gift' cards, from MasterCard or Visa. Put in just enough to pay the bill. 100% safe, other than giving out your street address for shipping...
I sold an engine for 5600 bucks cash only. I would only meet at a bank during business hours.. he gave me the cash i handed it to the teller, she checked the bills to make sure it wasnt counterfeit with one of those markers put it all in my account. Went out to the parking lot pushed the engine on a pallet from my truck to his with about a 8 inch drop inbetween.. worked out great.
That's a good way to do it. I don't mind dealing in cash, but depending on the amount certain precautions need to be made. Like Don's example above, there's no way in hell I'd have shown up with a wad of cash in that scenario. Way too many red flags. Cashier's check or money order, ok, but not cash.
That's a good way to do it. I don't mind dealing in cash, but depending on the amount certain precautions need to be made. Like Don's example above, there's no way in hell I'd have shown up with a wad of cash in that scenario. Way too many red flags. Cashier's check or money order, ok, but not cash.
You bring me a check or MO for 5k i might turn you away. Seen too many people get burnt that way.
I did once buy a car for 5 grand in cash fro a private individual ( first Fiero actually.. ) but i didnt come alone, left the money in the car with the people that came with me. They stayed in their car the entire time with the engine running, who could see the driveway and Fiero from where they were sitting. Never left their sight ( except for the test drive ) and of course was carrying. Sure, chances are really slim bad things will happen, but there is still that chance so its prudent to not be careless.
The next time, the guy accepted a personal check.. Was a bit surprised, but it was his idea, not mine. "no need to carry that much cash around" ( and yes, i took someone with me then too, similar setup ). Sure, in theory he knew where i lived so he could come get his car if the check bounced, but it was across state lines so in the long run he would have been screwed if i was dishonest.
[This message has been edited by User00013170 (edited 08-30-2014).]
And gives you a chance to rip them off .. checks offer no protection to the payee.. ( even cashier checks )
Yep, but in a world where it's (statistically) him or me, I'd rather it not be me. I wouldn't rip him off either, and most people are honest and want to be good, I believe they really do, but I'd like to stack the odds in my favor if at all possible. Which is what each person here seems to want to do.
The best way to protect one's self (IMO) would be using some sort of service to hold and transfer the money. This is of course only good for larger purchases. :\ Up to a certain amount you just have to write rules that fit your lifestyle, and live with the consequences.
If that means I won't be able to by the used (and likely twisted) sex toys from a drunk Canadian, then I'll have to get my fetish toys elsewhere. I have to live with that.
Originally posted by Fats:The best way to protect one's self (IMO) would be using some sort of service to hold and transfer the money. This is of course only good for larger purchases. :\ Up to a certain amount you just have to write rules that fit your lifestyle, and live with the consequences. Brad
Yes, i do that with most any purchase really. "how much am i willing to lose"
Paypal might be a good way to do this. They could login and verify money was moved.. Like they do in the movies "Down payment for the job has been wired as requested"
I wonder of something like google wallet work work? I dont use it, not sure how ( or if ) it would work between 2 private individuals.
[This message has been edited by User00013170 (edited 08-30-2014).]
Common sense says to agree on accepted forms of payment in advance. When buying a car, I've met people at the bank so the bank can verify the funds.
Going to the bank helps, but i have had 2 friends that got burnt like that too. The bank accepted the cashiers check, then it bounced later. Huge mess.
I just dont trust checks, of any kind from people i dont know. The world is different and everyone is a potential scammer.
Going to the bank helps, but i have had 2 friends that got burnt like that too. The bank accepted the cashiers check, then it bounced later. Huge mess.
I just dont trust checks, of any kind from people i dont know. The world is different and everyone is a potential scammer.
It helps to go to the bank the cashier's check is drawn on. Details matter.
OK now the reason I ask, I like some of the answers by the way
Every year or so Melanie has a litter or 2 of puppies to sell, from different mothers, We have gotten,
Bad Checks, Stolen Money Orders, Checks from 5 bank accounts ago, Checks from Frozen bank accounts, those are the worst, if you call on that one it says the account is good and has money in it to cover the check but when your bank goes to deposit it for the cash it goes bouncy, bouncy, and our bank kept depositing it for payment for over a month before they finally gave up and called us ! luckily they didn't charge us for them.
So now in the add it says Cash Only, No Checks, and when people call to ask about the puppies Melanie tells them Cash Only, No checks, Money Orders, In God we Trust everyone else pays cash !
We had a customer come today order couple in there late 60s from the looks, They picked out a puppy, the husband even went to get a leash out of the car and went back up to the barn and asked if she took checks, She told him in no uncertain terms
"NO I told you that over the Phone ! There are 2 banks with ATMs within a mile of us as well as Wal Mart you can take that much cash out of them now"
and explained why just like I did just now. Then they changed their story so quick it would make your head spin,
"Well we have to go look at another litter of mixed Pyrenees's puppies from some Amish guy up north."
What do you think now?
Steve
[This message has been edited by 84fiero123 (edited 08-30-2014).]
It was obvious to us they were out to rip us off, so seeing it is a holiday weekend and no way to verify the check because all the banks are closed till Tuesday. Even if we could use an automated phone number to check their banks check like I and someone else already said that is no guaranty that the check was good. We have been burnt to many times before and they were going to do it again if we had taken the check. We even had one couple give us a check and we called their bank on a day the banks were open a few years back and by the time we deposited the check the account was empty, not enough money to cover the check. These are not the old days anymore and until someone shows up with the legal green, nothing leave the yard.
Steve
Edit to add its just a $500 puppy not like it a huge amount of money, hell when I was working I would carry that much and usually more around with me on the jobsites in case I had to stay overnight, buy a tool or anything else that came up on the job.
[This message has been edited by 84fiero123 (edited 08-30-2014).]
Originally posted by User00013170: Same thing most of us have been saying, trust no one
They first went to see the parents, we had them in the escape proof kennel out back and they all wanted to eat them, most times they calm down after a min or 2 but not with these people, the dogs knew they were going to try to rip us off, I trust our dogs more than most people now days !
They first went to see the parents, we had them in the escape proof kennel out back and they all wanted to eat them, most times they calm down after a min or 2 but not with these people, the dogs knew they were going to try to rip us off, I trust our dogs more than most people now days !
Steve
While its a good idea, that wont work for me as my animals ( all of them, dogs, cats, bird, even the fish ) hate people.. But then again, so do I
While its a good idea, that wont work for me as my animals ( all of them, dogs, cats, bird, even the fish ) hate people.. But then again, so do I
Seeing these guys are Great Pyrenees and Sarplaninac and all weigh over 100 lbs. the male even more than 140 we probably should have just let them eat then. funniest thing is even if they were telling the truth and going to drive the 5 more hour further north to that Amish guys place to look at his Pyr Crosses, he don't take checks ether.
It was obvious to us they were out to rip us off, so seeing it is a holiday weekend and no way to verify the check because all the banks are closed till Tuesday. Even if we could use an automated phone number to check their banks check like I and someone else already said that is no guaranty that the check was good. We have been burnt to many times before and they were going to do it again if we had taken the check. We even had one couple give us a check and we called their bank on a day the banks were open a few years back and by the time we deposited the check the account was empty, not enough money to cover the check. These are not the old days anymore and until someone shows up with the legal green, nothing leave the yard.
Steve
Edit to add its just a $500 puppy not like it a huge amount of money, hell when I was working I would carry that much and usually more around with me on the jobsites in case I had to stay overnight, buy a tool or anything else that came up on the job.
Agreed. I wouldn't have taken a check either in that situation.
Was selling an old truck a while back for $1700. A guy came to look at it and wanted it. Asked if I'd take a check, I said no, not the way things are today. He comes back with "Well it is a felony to write a bad check for over $1000". I replied, "Well it is also illegal to kill a person, but people do it everyday". He left and returned about an hour later with the cash and all was good!
I take cash ONLY. I will take a check from someone Ive known 10 years, Insurance Company, or a steady customer. No credit, no payments, no paypal, no money order, no cashiers check, no bearer bonds and no credit cards. No money no car. I have locked up a car in the garage when people tried to pay with other than cash. Call me and come back with cash, and I leave.
"Will you take a check for the dog?" "Sure. Just make it out for $650 and I will hold the dog until your check clears my bank and the money is unquestionably in my hands. If another person comes along in the meantime and wants to purchase the dog with cash before your check clears, they will get the dog and I will refund your $500...with a check." "But the dog is only $500. Why should I give you $650?" "Because you are a dumbass and I don't feel the need to reward you for your stupidity. It will only encourage you to stay stupid and not make any effort to quit."
in the late 90s on ebay i was like 12 or 13, it let me set up an account without credit card. My parents had no clue, I would send the items i bought "well concealed cash" in the envelope. Never had a problem never.
I would ask the seller first if it was ok to send him on envelope "well concealed cash" , they always were like SURE
in the late 90s on ebay i was like 12 or 13, it let me set up an account without credit card. My parents had no clue, I would send the items i bought "well concealed cash" in the envelope. Never had a problem never.
I would ask the seller first if it was ok to send him on envelope "well concealed cash" , they always were like SURE
or are trying to rip you off, OR for some reason think this will keep them from getting ripped off. 
I have to live with that. 
or how ever that saying goes. 
