Question about selling a tractor

[caver]

The problem with the pens is they go bad without warning. It happened to me personally at a convenience store when I gave her a $100. It showed conterfeit. I said huh? I just got that from a bank (which really means nothing) so she did another 100 I had and it also showed counterfiet. I said check some $20's in your drawer. She then realized the pen was garbage. I would do a wire transfer myself but there are fees involved depending on if it's a bank or credit union. Also, look up civil asset forfieture laws in your state or the states you are traveling through. Youtuber Steve Lehto has good videos on this.

 

[scootr]

I took $15k cash for my old tractor at my house. Money was used, not new and or fake. Wrote a check for $32k for my new used tractor to a guy who lived not far from me. He hauled the Kubota over to my house and I wrote him a check. Just like good neighbors

 

[4570Man]

I have taken a cashiers check before but usually I require cash for selling equipment. Usually when I’m buying equipment they also want cash. I’ve never had a problem with counterfeit money. I’ve never been scammed with a hot check either but obviously both possibilities exist.

 

[WinterDeere]

I've sold numerous cars and tractors all through eBay, over the last 15-20 years. I never really looked at the buyer's side of things, but I suspect they have financing channels available for buyers who aren't able to pay cash for large items. In any case, it has always been a smooth transaction, and the buyer of the last tractor was actually a small dealership who was planning to resell it as a package to one of their customers. He paid cash, but some of the others used PayPal.

 

[WinterDeere]

I’ve never had a problem with counterfeit money.

I've received counterfeit bills twice in my life, and both times it was directly from a bank!

 

[jigs_n_fixtures]

I sold an old Hot Rod a few years ago for $7k. Guy brought Seventy $100 bills. I brought a counterfeit detector pen and tested every bill. I explained to the guy that I had gotten counterfeit bills in my garage sale before moving and wanted to be sure that didn’t happen again. He had absolutely no problem with me checking.

One other thing. These are weird times, and if I was getting cash that totaled over $10k, I’d advise the bank I was coming, have a bill of sale, contact local law enforcement that you were going to receive the specified amount and advise them that you would be taking it to the bank. Last thing you want is having a Local Yokel pulling you over and confiscating the cash since it’s over $10k.

Real counterfeiters, go to the bank and get a $100 bundle of new uncirculated, dollars bills. Then they put the new bills in the dryer, with your funny money, aa few golf balls, and some poker chips, and run it on air dry for about an hour. This distributes the real ink from the new bills to your funny money, and roughs up your funny money enough that it doesn’t look fresh off the press.

This makes the tester pens, useless. Because the ink transferred from the ones reacts, the same as the ink on a real bill would.

 

[4570Man]

I've sold numerous cars and tractors all through eBay, over the last 15-20 years. I never really looked at the buyer's side of things, but I suspect they have financing channels available for buyers who aren't able to pay cash for large items. In any case, it has always been a smooth transaction, and the buyer of the last tractor was actually a small dealership who was planning to resell it as a package to one of their customers. He paid cash, but some of the others used PayPal.

PayPal fees are too steep for large amounts imo.

 

[WinterDeere]

PayPal fees are too steep for large amounts imo.

Years ago they were, but PayPal no longer charges any fees for personal transactions with linked bank accounts:

If you have a consumer/personal PayPal account​

• Fees to send money: There is no fee if you send money using your PayPal balance or linked bank account. If you send funds using a linked debit or credit card, you will be charged a 2.9% fee. There is also a 5% fee if you send money internationally, up to a maximum of $4.99.
• Fees for withdrawing money: There’s no fee if you withdraw funds to your bank account, but it will take two to three business days. For an instant transfer to your bank account or linked debit card, you will be charged 1.5% of the total amount, up to $15. If you want a paper check mailed, there’s also a $1.50 fee.
• Shopping fees: PayPal doesn’t charge a fee if you use your PayPal account to shop online or in stores.

 

[grsthegreat]

Real counterfeiters, go to the bank and get a $100 bundle of new uncirculated, dollars bills. Then they put the new bills in the dryer, with your funny money, aa few golf balls, and some poker chips, and run it on air dry for about an hour. This distributes the real ink from the new bills to your funny money, and roughs up your funny money enough that it doesn’t look fresh off the press.

This makes the tester pens, useless. Because the ink transferred from the ones reacts, the same as the ink on a real bill would.

The electronic machines that banks use are hard to fool. But i was never a forger like you were . But that sounds like a good way to launder money.

 

[LilTractrThatCould]

I got a fake $20 from an Arby's in 1995. That's all. By quick count I have easily handled $300k +. Cars, ATVs, motorcycles, records, Dads collection of Petroliana. Cashiers checks are ok too IMO as long as it looks legit. Now gold, my buddy got burned real good on gold. An $18k motorcycle gone in exchange for some plated lead. Good times!