Is it safe to accept a wire transfer when selling a car?

Never wire money to a potential buyer under any circumstances. If the buyer for your used car pays via a check or money order rather than cash, accept only the exact amount of the negotiated sale price for the vehicle.

What form of payment is most secure?

By and large, credit cards are easily the most secure and safe payment method to use when you shop online. Credit cards use online security features like encryption and fraud monitoring to keep your accounts and personal information safe.

Should you accept a check on Craigslist?

Don’t accept cashier/certified checks or money orders – banks cash fakes, then hold you responsible. Transactions are between users only, no third party provides a “guarantee”. Never give out financial info (bank account, social security, paypal account, etc).

Do you have to wire money when selling on Craigslist?

Pay in cash, never wire money Never wire money or ask your buyer to wire money. That’s the number one rule when buying and selling on Craigslist. When you meet with a seller, they’ll likely ask for cash. It’s best to give and receive payments in cash.

How do you sell a car on Craigslist?

1. Meet the buyer/seller in-person, and preferably not alone If you’re selling a car on Craigslist, stick to buyers in your area, and always meet them in person before accepting any money. And try to have someone come along with you.

What are the red flags when selling a car on Craigslist?

One red flag that often comes along with the Craigslist eBay scam is a buyer that has a desperate reason for selling the vehicle so cheap, such as a death in the family or a divorce. They may also use the “I’m in the military” scam and say they’ve been stationed out of state or out of the country. How to Avoid the eBay Craigslist Scam

What happens if you sell a car on Craigslist fraud?

When they try to retrieve the vehicle, they’ll find out there is none, and it was a Craigslist fraud. A car seller will be given a certified or cashier’s check with extra money that has to be wired somewhere (just like in the Craigslist check scam).