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Tim Ayers · 10-15-2021, 09:27 PM

The IRS bank reporting thing isn't as big of a deal as would you think. Another thing to consider, wire bank to bank transfer is the only safe way to transfer large amounts of cash. Cashier's check is no where as safe or secure as people think they are.

That said, I've know people who have overnighted a shoebox of cash to a seller in order to secure a car.

I think your hesitation is reasonable and most banks are open on Saturday. Finding out if the cash is legit or not shouldn't be too hard to do tomorrow.

Drive to the seller's home with the car & title. Go to his bank and ask them to verify if the cash is legit or not.

You can be like The Wolf in the movie Reservoir Dogs and drive your NSX to his house in 1/2 the time it would normally take.

10-15-2021, 09:27 PM	#5
Tim Ayers Senior Member Join Date: May 2010 Location: NJ Posts: 6,181	Re: Accepting cash for car sale The IRS bank reporting thing isn't as big of a deal as would you think. Another thing to consider, wire bank to bank transfer is the only safe way to transfer large amounts of cash. Cashier's check is no where as safe or secure as people think they are. That said, I've know people who have overnighted a shoebox of cash to a seller in order to secure a car. I think your hesitation is reasonable and most banks are open on Saturday. Finding out if the cash is legit or not shouldn't be too hard to do tomorrow. Drive to the seller's home with the car & title. Go to his bank and ask them to verify if the cash is legit or not. You can be like The Wolf in the movie Reservoir Dogs and drive your NSX to his house in 1/2 the time it would normally take. Last edited by Tim Ayers; 10-15-2021 at 09:33 PM.