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Old 18-08-2020, 10:32 AM   #126
MercuryT
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Join Date: Jan 2012
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Default Re: Buying a Used car - Payment

Quote:
Originally Posted by stevefreestyle View Post
As a Finance Broker I can suggest Personal & Business Cheques can Bounce - however Not the case with Bank Cheques.

Anyone who will not accept a Bank Cheque is either not the REAL owner (!!!!) OR is hiding the transaction from their Bank Account (thus you have no traceable financial paper trail of your purchase) - either way = BEWARE .....SHONKY !

If there was only cash involved, I would want to see and carefully examine
Photo ID - And take a Record of Drivers Lisense # etc in ADDITION to a signed Rego Transfer (which is NOT proof of ownership) and a signed and completed Certificate of Title Transfer.
Very informative reply and exactly how I would have thought.

I don't have the business background you have so it's interesting your views on the matter.
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