Thanks guys. He is about 3 hours from here in Houston in Devine, TX. The plan was to drive out there hand him cash and drive back. However, the guy does not want cash or cashiers check due to his fear of counterfeiting. He wants me to do a wire transfer then come out there and pick the car up a few days later. That sounded real fishy to me.
Typical wire transfers take about 20 minutes or so to fully fund. I gave him four options:
1. Cash - I understand your reservations and that is fine.
2. Cashiers Check - We can go down to the bank together and you can verify it is real and certified
3. We could do a wire transfer from my account to your account, but I will not do it until I am there in Devine, TX and see you have the title to the vehicle
4. I will have to check with your bank, but I could possibly open a checking account there and fund it with the money for the vehicle. You can verify funds and we could have them just do a simple transfer of funds, while I am in Devine, TX.
Any other ideas here?