How to lose $20,000 selling your car on-line

| Total Words: 1269

You have your car listed for sale on the Internet and it looks like you have an easy sale. The emails are rolling in from interested buyers. But wait, a lot of these interested buyer may have a plan that will take a lot of your hard earned money.

Because we get into the details, there are four rules that you must follow not matter what. If you violate either of these rules you will lose your money:

1) Never accept payment which is not for the exact amount of the sale.
2) Do not assume that any cashier check or money order is valid.
3) Do not assume any payment if valid just because your bank gives you cash for it.
4) Another persons problem is not your problem to solve.

Before I explain these simple rules we will look at two actual emails I received from people wanting to buy my used car. I listed a price above market value as an experiment and did not believe anyone would answer my ad.
Both of these emails had IP addresses from outside the USA. In the first one an address and phone in the USA were given. You cannot rely on IP address, phones or postal addresses for identification of where a purchase is actually from.

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