Selling a motorcycle online is a lot like advertising through a classified ad in the newspaper. Use the same good judgment on SportBikeClassifieds.com . Whether you're communicating with a buyer over the phone or via the Internet, the following tips can help you protect yourself against fraud so you can sell with confidence.
Confirm contact information. Before you turn over the keys, verify the buyer's address and phone number. An email address is not enough. Be particularly wary if the buyer is located overseas.
Secure payment first. Do not transfer the title until you have the equivalent of cash at the agreed upon purchase price. Use caution if the buyer proposes a complicated payment arrangement, such as a payment process that involves multiple steps; receiving payment through a friend or agent of the actual buyer; or receiving a check for more than the purchase price and writing the buyer a check for the difference.
Beware of counterfeit cashiers and certified checks. Before you deposit a check into your account, ask the issuing bank to verify that the check is genuine and that the account contains sufficient funds to cover the check amount. Wait until the check clears before transferring the title.
Consider reliable escrow services. For additional security, you may choose to use a dependable escrow service. Shop carefullythere are an increasing number of fake escrow services. Don't turn your money over until you've fully checked the service out. And be sure you understand all terms of the escrow arrangement. As previously mentioned, SportBikeClassifieds.com does not endorse any escrow services.
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