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Old 10-16-2021, 04:56 PM   #21
KiWinUS
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Default Re: Accepting cash for car sale

I would & will always take Johnny Cash in a heartbeat. 24/7. As much as I can get.
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Old 10-16-2021, 06:48 PM   #22
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Default Re: Accepting cash for car sale

Cash in the garage is the only way I do a deal
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Old 10-16-2021, 07:29 PM   #23
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Default Re: Accepting cash for car sale

I agree taking a bundle of cash on a Friday night is risky. However, I would accept it if the banks were open and I could immediately put it in my safe deposit box (so no reporting to the Feds)
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Old 10-17-2021, 10:22 AM   #24
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Default Re: Accepting cash for car sale

Cash can be counted and verified thru the counter & for counterfeit in minutes at a bank.
Thinking cash (large bills) is risk free might be an allusion.
Large cash transactions should be done at the bank and counted/checked first.
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Old 10-17-2021, 11:39 AM   #25
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Default Re: Accepting cash for car sale

Interesting discussion... I've always done cash, but never as much. My biggest deal was in the 30's. The guy was carrying that much at the Fathers Day LA Roadster show, and we completed the deal on the spot. I even drove the car (a Ford flathead) to his house, and he brought me back to the roadster show. I had no problems with the cash, and I didn't try to put it in the bank all in one lump. (Of course, today, I have sellers remorse. I'd gladly welcome the car back.)
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Old 10-17-2021, 12:23 PM   #26
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Larger bills started being removed from circulation in the 60s ($500 and $1000). I think as we get older at some point we tend to sort of lock in prices, or what we think something "should" cost. Dad told me cigarettes were a nickel a pack (from ships stores) in the Navy. I think maybe a dime in the civilian market. I recall soda from a vending machine was $.50 for quite a while.

A $100 note used to be called "Alaska Ten" up there, now I know how they felt. The Euro is issued in €500 which is at least realistic.
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Old 10-17-2021, 04:14 PM   #27
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Default Re: Accepting cash for car sale

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I recall soda from a vending machine was $.50 for quite a while.

That's funny....you must be a young 'un! I remember when the Coke machines were 5¢, and then again when they went up to 6¢....a nickel and a penny! DD
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Old 10-17-2021, 04:23 PM   #28
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Larger bills started being removed from circulation in the 60s ($500 and $1000).

I still remember at the Pate Swap Meet in Texas about 1981, a guy counting-off 13 $1,000 bills for a car he was purchasing. I remember there was quite a crowd watching this transaction take place. DD
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Old 10-17-2021, 05:09 PM   #29
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Default Re: Accepting cash for car sale

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Originally Posted by V8COOPMAN View Post
That's funny....you must be a young 'un! I remember when the Coke machines were 5¢, and then again when they went up to 6¢....a nickel and a penny! DD
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I still have a slider in the 50's room downstairs. - .10 for a soda. Stays cold all the time.
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Old 10-17-2021, 05:48 PM   #30
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Default Re: Accepting cash for car sale

When we were kids, we really liked sliders. They kept them outside of gas stations where we lived. A dark night, a modified bottle opener, and a long tube was all we needed. I think they were 10 cents, but since we never paid, I can't be sure.
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Old 10-17-2021, 06:53 PM   #31
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Default Re: Accepting cash for car sale

As a paperboy in the early 50’s (Oakland Tribune), I remember we had a nickel upright Coke machine that replaced a slider box that we could wiggle out free bottles at cost of painfully cold fingers! No machine colder than a slider!
PS- yes, we were lucky to have a 4 car garage paper shack!
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Old 10-17-2021, 10:00 PM   #32
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Default Re: Accepting cash for car sale

In the 80's I tried to get a 1000 dollar bill at the bank. At that time they were still available, but you had to fill out some papers to get one. sadly, I declined
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Old 10-18-2021, 06:22 AM   #33
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Default Re: Accepting cash for car sale

Another problem with cash is if a policeman sees you with it and they do not like your story they can confiscate it. Sounds crazy bu true.
https://www.nbcnews.com/news/us-news...g-all-n1281629
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Old 10-18-2021, 07:51 AM   #34
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Default Re: Accepting cash for car sale

So keep it in your house??!
Id do a lock box but don’t keep it on premises
Just imho
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Old 10-18-2021, 07:57 AM   #35
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Default Re: Accepting cash for car sale

So keep it in your house??!
Id do a lock box but don’t keep it on premises
Just imho
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Old 10-18-2021, 09:33 AM   #36
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Default Re: Accepting cash for car sale

I've sold dozens of cars and have been paid by several means, almost never cash. Recently I had very young quick stop cashier try to keep a $50 bill as counter fit because it was so old it didn't have the magnetic strip in it. I finally convinced him to give it back and I used a newer bill that made him happy. Cash is still king.
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Old 10-18-2021, 11:42 PM   #37
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Default Re: Accepting cash for car sale

Well no better way to launder money then buying things or going to the casino. 10s and 20$ are interesting.

Probably could have gotten multiple cash money orders too, to create a buffer.

Hey, every time a guy with 90k in cash with 10/20$ hands it over I never worry. haha I'm sure it's fine and won't come back. Banks like money. Less this guy gets pinched later or you fan it out on Instagram or a post on forum. Even then they get the car. You are above board. It would make me uncomfortable, but what has ever happened if the irs gets involved.

I tried pulling 14k cash out of a account to buy a car and you would have thought I was stealing my own money. Only after, didn't want to get pulled over with that cash either driving to ohio and get it taken for no reason other then it was there. Just having the obligation of proving it's mine to get it back. It all was fine.


I would never keep large amounts of cash under your mattress. Besides a fire, anything can happen. Plus you can't make any money on your money. Bezos could live comfortable on the interest he makes on a basic savings account at 5%. Well you wouldn't be able to pretend to go to space (Know he has never been to space, space adjacent yes, but not space).


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Last edited by Tinker; 10-19-2021 at 01:20 AM.
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Old 10-19-2021, 01:48 AM   #38
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Default Re: Accepting cash for car sale

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Well no better way to launder money then buying things or going to the casino. 10s and 20$ are interesting.

Probably could have gotten multiple cash money orders too, to create a buffer.

Hey, every time a guy with 90k in cash with 10/20$ hands it over I never worry. haha I'm sure it's fine and won't come back. Banks like money. Less this guy gets pinched later or you fan it out on Instagram or a post on forum. Even then they get the car. It would make me uncomfortable, but what has ever happened if the irs gets involved.

I tried pulling 14k cash out of a account to buy a car and you would have thought I was stealing my own money. Only after, didn't want to get pulled over with that cash either driving to ohio and get it taken for no reason other then it was there. Just having the obligation of proving it's mine to get it back. It all was fine.


I would never keep large amounts of cash under your mattress. Besides a fire, anything can happen. Plus you can't make any money on your money. Bezos could live comfortable on the interest he makes on a basic savings account at 5%. Well you wouldn't be able to pretend to go to space (Know he has never been to space, space adjacent yes, but not space).

Well Tink ....I'm almost sure that you must have some very special 'things' going-on in your thoughts tonight, and please forgive me if it sounds like I'm "slamming" you in any way, because you often like to whup that one on me when I make a comment.....just ain't so, though! But after reading this equivocal and ambivalent compilation of your hypothetical & personal, remunerative thoughts, I dearly wish that I had a clue about what you were really trying to convey! DD
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Old 10-19-2021, 01:55 AM   #39
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Default Re: Accepting cash for car sale

Well Coop It's a interesting concept and thought and I already posted my thoughts. If you want to think I was specifically calling out you on anything I mentioned, it could be up for discussion. If you want to make this about a discussion on you and personal things that's good too. I was commenting on a huge amount of cash. Seems narcissistic or maybe you worry to much about what I post.

Coop I respect you and you are a very smart dude. It's nothing personal ever. But what are you actually saying about banking, my post, or the original post?






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Last edited by Tinker; 10-19-2021 at 02:38 AM.
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Old 10-19-2021, 03:13 AM   #40
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If we are talking about economics. There is a reason china want's twain. Chip manufacturing. We make the chip machines in that horrible told CA place. we send there to make chips for now. It's very water intensive. We could send them anywhere... but it'll take 5 yrs to get up and running. I'd say do it now.If you have no idea how a chip is made maybe google it.

ambivalent thought....

and real fact.. California is the fifth largest economy in the world. It's a fact. I like all the other states too. Yes it's not Ohio or any other states. but how they doing? Florida my old state is just a moment away from it. But never there, because its Florida.



When we make corn and farm substitutes in the Midwest, where does that come from?


America is not an island. Never was. Quad alliance

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