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Old 07-09-10, 06:03 AM   #1
banerjek
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Selling more expensive items on CL

I need to unload a bike that I expect to get about $2500 for used. But I've never sold anything that expensive before to someone I didn't know.

Can I expect people to pay cash, or is there a better way? BTW, I'm going to insist that whoever buys it actually picks it up from my place.
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Old 07-09-10, 06:32 AM   #2
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cash is king.

i just bought a jet-ski from a guy on craigslist. i showed up at his place (he worked at a firehouse, and the jet-ski was there) with a big chunk of cash in my pocket (more than 2500). transaction went smooth.

i was happy he worked at a fire house, and it was the middle of the day transaction, which meant that there were a lot of people around. i dont know where you live, but i would be a bit leery of showing up at a private residence in the middle of nowhere with a lot of cash in hand.

i dont think in this day i would trust much other than cash, or a paypal payment.
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Old 07-09-10, 06:41 AM   #3
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http://www.bikeforums.net/showthread...slist-Creepout

See my recent thread about scams.
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Old 07-09-10, 06:44 AM   #4
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Last time one of my neighbors purchased a car that way the transaction occurred as such:
Buyer and a friend met in person at the seller's residence, seller took a frontal picture of him, he took a frontal picture of the seller, emphasis on the face.
Together they went to the bank (common bank in this case), buyer withdrew cash, traded it to the seller for the title. Seller walked back to the counter and deposited the cash. Everybody is on camera, everybody has their photos taken, the swap is done in a safe, public environment.
If no common bank exists and you don't want to drive across town with $2500 in your pocket you might consider a cashiers check or postal service money order. HOWEVER, if you're going to do that you want to go to the bank/post office with the person and watch them buy the money order. That way you don't end up with a forged money order in your hands. If you're going to take cash and aren't planning to watch them receive it at the bank, buy a money testing pen. The office supply stores have them and they're pretty cheap.
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Old 07-09-10, 08:27 AM   #5
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Is kijiji available in your area? I found that an ad placed on kijiji gave me better results than craigslist. Less " I will be right over", "I will take it", then no one shows up. People seemed less flaky.
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Old 07-09-10, 09:02 AM   #6
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Less " I will be right over", "I will take it", then no one shows up. People seemed less flaky.
I have noticed this also, and it's maddening because it's just a huge waste of time. You switch your schedule around to be home at a certain time and nobody shows up.
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Old 07-09-10, 09:18 AM   #7
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Cash. A friend just sold his motorcycle for $6500. He insisted that test riders bring cash. No cash, no test drive. Yeah, that's a big wad but he had no problem selling it. He had ~60 people wanting to test ride it. So yes, if they want it, they're serious they'll come with cash.
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Old 07-09-10, 09:24 AM   #8
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Cash, and meet in a public place instead of your house. There was a recent problem up here with a group targeting high-price sellers on CL, showing up at their house and robbing them.
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Old 07-09-10, 10:15 AM   #9
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Cash, and meet in a public place instead of your house. There was a recent problem up here with a group targeting high-price sellers on CL, showing up at their house and robbing them.
That's right -- I thought I remember someone getting shot over that not that long ago in your neck of the woods over a wedding ring sale.

Someone would have to be nuts to try a stunt like that in our town so I feel safe doing in my driveway. Neighbors are observant and are always curious of anything that involves my bikes and will be around (one of them questions anyone he doesn't recognize). Cops are very bored as well as fast. The only stuff I have of value is very recognizable and would be virtually impossible to hock.
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Old 07-09-10, 10:56 AM   #10
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I have been posting in the adult section of CL in San Hoosey and using x's addy. How is that working out for you x?
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Phobias are for irrational fears. Fear of junk ripping badgers is perfectly rational. Those things are nasty.
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Old 07-09-10, 11:04 AM   #11
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I have been posting in the adult section of CL in San Hoosey and using x's addy. How is that working out for you x?
I was very disappointed about the bait and switch, he didn't seem to mind the increase in traffic.
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Old 07-09-10, 12:08 PM   #12
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Originally Posted by banerjek View Post
I need to unload a bike that I expect to get about $2500 for used. But I've never sold anything that expensive before to someone I didn't know.

Can I expect people to pay cash, or is there a better way? BTW, I'm going to insist that whoever buys it actually picks it up from my place.
Being that this is a bike forum you might want to give a few details about the bike you're selling.
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Old 07-09-10, 12:32 PM   #13
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Being that this is a bike forum you might want to give a few details about the bike you're selling.
It's a 2006 Challenge Seiran SL. I'll take some decent pics that show detail and list the specs, but here's a shot of me with it



21 lbs with pedals. 105 drivetrain, King headset, 650 Spinergy wheels, DA bar end shifters, CF seat. Bacchetta bag is included.

Basically, for less than the price of the much heavier Bacchetta Corsa SS, it's something that weighs the same as the much more expensive Aero and looks better to boot.
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Old 07-09-10, 12:55 PM   #14
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Read CL's website rules - they highly recommend not taking check of any kind - cashier whatever. They can be forged. The bank will cash them and later find out they are fake and then extract the money from your account.

I have a friend that sells alot through CL. He only sells locally - no shipping involved. He only accepts cash. All transaction are in broad daylight in a busy parking lot. Never ever anywhere near his home. His favorite place is right out in front of the local Performance Store, somepalce where lots of people are walking around. Count the money first, then let the buyer check out the merchandise. Have the buyer sign a receipt for the merchandise.
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Old 07-09-10, 01:02 PM   #15
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So that would be the"begging hamster"position when riding that gizmo?

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Old 07-09-10, 01:04 PM   #16
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Read CL's website rules - they highly recommend not taking check of any kind - cashier whatever. They can be forged. The bank will cash them and later find out they are fake and then extract the money from your account.

I have a friend that sells alot through CL. He only sells locally - no shipping involved. He only accepts cash. All transaction are in broad daylight in a busy parking lot. Never ever anywhere near his home. His favorite place is right out in front of the local Performance Store, somepalce where lots of people are walking around. Count the money first, then let the buyer check out the merchandise. Have the buyer sign a receipt for the merchandise.
"Sells his bikes in front of a Performance Store"
That guy has brass balls
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Old 07-09-10, 02:38 PM   #17
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So that would be the"begging hamster"position when riding that gizmo?
Nah -- the bar ends actually hit the seat if you turn them enough -- though my legs get in the way long before the seat gets touched. Riding position has my hands by my thighs.

The Bacchetas have the hamster position.
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Old 07-09-10, 03:15 PM   #18
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"Sells his bikes in front of a Performance Store"
That guy has brass balls
Oh it's really precious when he pulls out a bike frame and deals... all right in front of the store! His friend is the manager and he doesn't seem to mind. My friend will send folks into the store to get other parts, components etc. But yes... brass balls, definitely!
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Old 07-09-10, 03:33 PM   #19
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So does his saddle have a cutout?
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Phobias are for irrational fears. Fear of junk ripping badgers is perfectly rational. Those things are nasty.
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Old 07-09-10, 08:52 PM   #20
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So does his saddle have a cutout?
It took me a minute... like "what????" oh for the brass!
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Old 07-13-10, 10:47 PM   #21
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Quote:
Originally Posted by banerjek View Post
It's a 2006 Challenge Seiran SL. I'll take some decent pics that show detail and list the specs, but here's a shot of me with it



21 lbs with pedals. 105 drivetrain, King headset, 650 Spinergy wheels, DA bar end shifters, CF seat. Bacchetta bag is included.

Basically, for less than the price of the much heavier Bacchetta Corsa SS, it's something that weighs the same as the much more expensive Aero and looks better to boot.
Nice bike. Damn, I'm in the wrong country. why are you selling your highracer, is it becuase you got dropped by a fred on a cruiser?
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