Originally posted by madlow
I listed my car on ebay last night for $5,999 w/ a buy it now price of $6,500 (no reserve). This is an email I got this morning:
If I bought your car for around 7500-8500, would you consider allowing me to do monthly payments of 200-300 a month. I was thinking of doing a down payment between 2000-3000. If you consider doing this deal with me you can write out a agreement form with an attourney to secure yourself. Think about it and let me know what you think. Thanks
What do you think?
run the other way. It sounds too good to be true. Once he gets the car what's to stop him from making payments? what the stupid little piece of paper? Once you sign the title over to him the car is his. The part about the agreement form with an attorney is just to make you feel better about losing your car.
Or you can tell him to come up woth $6500 in down payment and make 100-200 a month payments. That way you still get the min amount you want. But I still wouldn't do it.