About Selling the bike "over the phone"

deftoner

On a bad day just remember: 1st Down,all rest Up.
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Dec 21, 2015
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So, I received several offer for my bike, but a guy from Panama City, FL, called, we spoke, he wants the bike. didnt fight the price, 7400. He asked me several stuff about the bike and the helmet size (since I'm giving the helmets) its not so ok to use an used helmet, but I dont want to keep it and is on him to use it or not :D

Anyway. he offered to pay via Zelle or Velmo. I know this app are typical scam, they can use stolen credit cards, etc. I told him, and he is willing to do a wire transfer to my bank.

I checked his phone,data looks good, phone number is old, etc etc.

He plans to wire me the money and then send a shipping company to pick it up.

I told him I will sign the title ON HIS NAME (not blank).
This could go wrong? Like he can un-do the wire transfer after is applied to my account? His name is Chad hawkins. He told me that he had a supertenere. May be someone knows him at this forum?


Any tip or advice is more than welcome.
 

Kurgan

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Dec 11, 2015
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I sold a tricked out ZRX years ago to a buyer in Florida. Price agreed upon, he overnighted a cashiers check which I deposited that same day. My bank had said it would be 3 days for it to clear and verify no issues, which I shared with the buyer. He was good with that. As soon as I got word from the bank, I signed the title and filled in his info and sent him that pic, along with a pic of the bike already bubble wrapped to death with soft ties from the proper tie down points hanging out waiting for his transportation company to come pick it up. That was a nice clean transaction.

I wouldn't accept any other form of payment from a distant buyer - cashiers check from a US based bank, only.
 

Checkswrecks

Ungenear to broked stuff
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I'd be happy to hold it for an agreed time of say 2 weeks, for an agreed amount of say 5-10%, to let him pick it up. But all my transactions are cash. PERIOD.

Taken another way, you've proven the price is right and bike could sell. First come first gets it.
 

EricV

Riding, farkling, riding...
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Wells Fargo uses Zelle now as well as direct wire transfers. Talk to your bank about the Zelle transaction and see what they think about it. Or just do the direct wire transfer to your bank. Again, talk to your bank about the info needed and what precautions they recommend or open a new, separate account for it to be transferred into, then once it's there, transfer that to your regular account and close the new account.

How is he going to pick up the bike? Or is he shipping it? I'm always super wary of anyone that tells me a shipper will come get the bike. That screams scam to me. A real buyer will want to see it in person. If he's doing a fly and ride, well heck, then he can bring cash and pay you in person after a small deposit to hold it.
 

holligl

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When I bought mine from a guy in KY, he insisted on cash. It almost didn't happen on time because my local bank barely had enough cash on hand (They suggested I should have called first). I did not like driving across several states with that much cash.

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deftoner

On a bad day just remember: 1st Down,all rest Up.
Joined
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Messages
344
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Wells Fargo uses Zelle now as well as direct wire transfers. Talk to your bank about the Zelle transaction and see what they think about it. Or just do the direct wire transfer to your bank. Again, talk to your bank about the info needed and what precautions they recommend or open a new, separate account for it to be transferred into, then once it's there, transfer that to your regular account and close the new account.

How is he going to pick up the bike? Or is he shipping it? I'm always super wary of anyone that tells me a shipper will come get the bike. That screams scam to me. A real buyer will want to see it in person. If he's doing a fly and ride, well heck, then he can bring cash and pay you in person after a small deposit to hold it.
Well Zelle webpage states that is for family and friends convenience payments. that should be used for transactions outside that. There were this big scam in California when the Iphone X came out. some guys, bought them from people in offerup and other apps (those guys that sleep in front of apple store to get the phone then they sell it online). People paid with zelle, on place, got the phone. drove away then credit cards were reported stolen, money from transaction in zelle were cancelled.
 
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