Quote:
Originally Posted by herbjr
No deposit and I wont hold it a day. I had a problem with a JR Dragster I sold last year. One guy told me he wanted it no deposit, 2 weeks later another guy called me at 3pm, he was at the track at 7pm and in his truck at 9pm. The first guy cussed me out but I called him 3x that day and he didnt call me back. Cash talks. The other thing I do is after about 3 phone calls I tell them there is nothing else I can tell yo uabout the car, the only people making money here are phone companies, not to be rude but if you want it I need a deposit. That usually gets rid of them or they buy it.
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Racecars and muscle cars are pretty much the same transaction. I have done it as a side business for 15 years or so. I have had the same experiences. Picture collectors, idiots who don't know what they are looking at, my favorite, the scammers from abroad who want to OVERPAY with cash back....(I double the price for them, and never hear from them again)
A lot of guys(never sold a collectible car to a girl yet) are dreamers. The internet seems to bring out many more of these. Racing Junk will put you in contact with a lot of buyers, but some you would rather not do business with. Ebay, well I think it can be a good place to find a car, but its not an easy place to sell. Believe it or not, you may have some luck in Hemmings Motor News..not too many race cars listed, and if your car has some other appeal(collectible/restorable) it might be able to bring even more money than as a race car, you should in fact, your car is likely rust free, problem free compared to "restored" cars.
I try to give the potential buyer as much info as I can so they can make an informed decision, then its up to them to either come out and view, send someone to view and inspect. If they start to want to haggle without ever seeing the car, I take them as not serious.
I have made the mistake of sending video, photo copies of buildsheets, pictures on my fed ex dime, what a waste of my time.
When I investigate buying a car, I may send a email to start, then call and ask every question I can think of..I like to ask the seller, are there any others questions I should be asking? Often, yes.....if it seems like a fit, off for a visit, sizable deposit with agreed upon terms for the balance with performace requirements if a race car(proof of performance) and date to complete......I do throw in a deposit refundable if death or disability occurs, but only to me, if the seller dies, it may complicate the test portion, but its still a deal.
I am sure I am not alone in wishing people would not tire kick, etc. Parts I always get a credit card or money order before I ship.
I did sell a Lil Red Express sight unseen to a collector in Kansas, money order came, I was so happy I through in every spare part I could find in the attic for him.......car carrier came a few weeks later, but that is the exception, and I broke my cardinal rule for my Dakota stocker I found on Racing Junk last year......Not only did I buy it sight unseen, but I didn't have any performance contigencies, but I asked every question I could, trusted the guy, and am 150% happy. Intercity couldn't get their huge rig up my street, so I got the thrill of a late night stocker test run up the streets!