Buying from Out of State
#1
Pro
Thread Starter
Buying from Out of State
I am looking at a car on the east coast but live in Chicago. If I buy the car and need to have it shipped home, how do I go about the money and title transfer. If we agree on a price and I set up the transport service and when they arrive to pick up the car and are told the car doesn't exist..... what do I do as I already paid for it????
#2
Safety Car
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Go check it out in person. See if anybody on the forum knows of the car. Close the deal at a bank where the car is, etc.
#3
Le Mans Master
Here's some good info for you and like Redbird said, I'm sure a Forum member in the area could help.
http://forums.corvetteforum.com/c1-a...edelivery.html
Don
http://forums.corvetteforum.com/c1-a...edelivery.html
Don
#4
I bought my 67 out of state (I live in Dallas and the car was in Boston). A lot will depend on the seller. Mine was nervous at first and actually suggested he hold title for 10 days after I wired the money, which is absurd. I had actually been in Boston looking at a different car and had a local NCRS judge check that one with me; he knew the owner of the car I did buy; and what we did was the seller took it to the judge's corvette shop on funding day, I wired the funds, and he fedex'd the title to me that day. The car stayed at the corvette shop until my transporter arrived.
Unless you have local help like I did, you may have to fly in, do the wire from there, wait for the confirmation, and leave with the car and title. If the seller will take bank check, you might be able to have the transporter swap the check for the car, keys and title. But some transporters don't like doing that.
Unless you have local help like I did, you may have to fly in, do the wire from there, wait for the confirmation, and leave with the car and title. If the seller will take bank check, you might be able to have the transporter swap the check for the car, keys and title. But some transporters don't like doing that.
#5
Race Director
I just went through this but I was the seller. The buyer wired the money to my account, I then signed the title and had it notarized and FedEx it to him. A transporter was then scheduled and picked the car up at my house. The buyer got the car a few days later. Worked out well I have to say I was a little concerned because the guy did not even come look at the car.
Dave
Dave
#6
Le Mans Master
Fly East and check the car out in person so there are no unpleasant surprises later on. On occassion damage occurs in transit and the seller and the carrier point fingers while the buyer who has never actually seen the car in person is left in the middle. I flew out with check in hand when I bought my 64, and had arranged a carrier to transport the car East. It was a beautiful day, and something came over me, I made a left turn past the Sears Tower in Chicago and just kept going till I got to NJ. One of my top 10 favorite all time Corvette experiences. If the car is a decent driver, it might be fun to drive it home yourself. Pilot Dan
#7
Drifting
Put insurance on the car Fly to the sellers location with a Bank check ( certified funds ) for the agreed amount ' have the owner sign over the title (verifty all info) call transport and wait for delivery ! (try to get some sleep)
#8
Team Owner
I don't know if you can get insurance on the car before you have the title transferred into your name....what would be your insurable interest in the car prior to that ? The rest of this method is how I did it though and it went without a hitch...
#11
Pro
Thread Starter
I truly appreciate all of the responses. My issue right now is I arrive on Sunday and return home on Monday, Memorial Day. Obviously all financial institutions will be closed so wiring the funds is OUT! So I guess I have to feel comfortable enough to hand over the check and have the transporter pick up the car after I arrive back home. Just don't want to be without the funds and the car!
#12
Team Owner
And Jim is correct I've lived in both Virginia and Florida and been with several insurance companies and its pretty standard that a new vehicle purchase receives interim coverage for 30 days after the purchase...
#13
Le Mans Master
Now that I understand....I'm sure the agent is just accepting the information and won't actually insure the car until the title transfers.
And Jim is correct I've lived in both Virginia and Florida and been with several insurance companies and its pretty standard that a new vehicle purchase receives interim coverage for 30 days after the purchase...
And Jim is correct I've lived in both Virginia and Florida and been with several insurance companies and its pretty standard that a new vehicle purchase receives interim coverage for 30 days after the purchase...
We test drove the car, paid for the car, called my insurance agent to tell him we had taken possession of the car, and we drove it home to Virginia.
#14
Drifting
I just purchased a car in Louisiana. I got all the information in advance, notified my insurance company (which provided a temporary insurance identification card to me prior to my taking possession of the car) and my wife and I flew to New Orleans.
We test drove the car, paid for the car, called my insurance agent to tell him we had taken possession of the car, and we drove it home to Virginia.
We test drove the car, paid for the car, called my insurance agent to tell him we had taken possession of the car, and we drove it home to Virginia.
#15
Melting Slicks
I truly appreciate all of the responses. My issue right now is I arrive on Sunday and return home on Monday, Memorial Day. Obviously all financial institutions will be closed so wiring the funds is OUT! So I guess I have to feel comfortable enough to hand over the check and have the transporter pick up the car after I arrive back home. Just don't want to be without the funds and the car!
#16
Drifting
I truly appreciate all of the responses. My issue right now is I arrive on Sunday and return home on Monday, Memorial Day. Obviously all financial institutions will be closed so wiring the funds is OUT! So I guess I have to feel comfortable enough to hand over the check and have the transporter pick up the car after I arrive back home. Just don't want to be without the funds and the car!
Gerry