*This message was transferred with a trial version of CommuniGate(tm) Pro*
While I can understand the comfort that cash might bring some people, I think you
are cutting out a large percentage of your potential customers by insisting on
cash. There are a number of ways to guarantee payment. The only reason I can
think of anyone wanting to deal strictly in cash in large quantities is to avoid
taxable and traceable transactions. (Even so, the IRS tracks cash withdraws and
deposits over 10K anyway)
Also, only a fool would ignore an incorrect title. A title is a legal paper that
states the legal owner and more importantly registers that legal owner with the
state. If that paper trail is not clean, then the person who legally owns the
vehicle on paper can legally reposses the vehicle, report it stolen, etc.
I've dealt with bad titles before and it is nothing to screw around with. If you
don't know what you are doing, you can really get burned. If that new owner
can't clean up that title work, then he may not be able to sell that vehicle
regardless of what he paid for it. So then what is that vehicle worth?
If you can find some fool willing to stick his neck out with $40K worth of cash to
obtain a vehicle he may not be able to legally own, more power to you But who
knows, perhaps you could of gotten $50K if you were willing to do a more secure
and well documented transaction.
Dave
Earl wrote:
> *This message was transferred with a trial version of CommuniGate(tm) Pro*
> Yes it true, The M8 was purchased for $40,000.00 and will be coming through
> Repo-Depo Houston.
>
> For all you future buyers, They are not going to make any more of these
> vehicles. If you find a vehicle in good condition and you have to think
> about it, it will be gone when you decide. If you can't change your own oil
> or rotate your car tires you might not want an armored vehicle in your
> driveway. Its not a jeep as far as maintenance!
>
> As to paying for a vehicle, would you sell a car for 40,000.00 and take a
> check from a stranger! Lets get real, cash is the only form of tender I
> trust!
>
> As to titles, if it has one and the vehicles has plates who cares what it
> say's. Its not like your going to drive it to work everyday.
>
> Vehicles are selling out like hot cakes, people have money right now and a
> lot of it to play with. If you find a toy you better buy it or someone else
> will.
>
> Just my two cents worth on the subject.
>
> Thanks
> ET
>
> Earl Tucker
> Int'l Repo-Depo, Inc.
> 6030 Brittmoore, Suite R
> Houston, Texas USA 77041
> (713) 849-2279 Tel / Fax
> (281) 345-7499 Fax 24 hrs.
>
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This archive was generated by hypermail 2b29 : Tue Apr 04 2000 - 21:57:27 PDT