6 ms·
Never bought a secondhand car have you?
by joecool1029 4y ago
Never bought a secondhand car have you?
- frereubu 4y agoI'm a relative old-timer, so have lived through plenty of times when electronic payments weren't commonplace, and have also bought a number of second-hand cars. I never used cash - I used banker's drafts, because I didn't want to be mugged and the untraceable cash to go missing. (And even then, they were all worth under €10k).
- Teandw 4y agoI'm not sure in a modern society why I would pull out $10k from my bank account to then pay a person $10k cash for a second hand car, so the answer is no.
- rootusrootus 4y agoYeah this is pretty much the reason cops seize money from unbanked people who try to use their life savings to buy something decently expensive. Because who could possibly be dealing in that amount of cash legitimately, it must be criminal.
- joecool1029 4y ago> Yeah this is pretty much the reason cops seize money from unbanked people who try to use their life savings to buy something decently expensive. I think it's going over most people's heads that buying and selling cars on Craigslist isn't like buying a car from a dealer. I could potentially use bankers drafts but many sellers know this is a commonly forged document and the risk isn't acceptable to them. Almost every single company/bank digital payment service is reversible or able to be cancelled (I naively was not aware of this until I was a part of the early bitcoin-otc community and got to witness the myriad of scams people ran once the other medium wasn't actually reversible).