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Thread: 2007 gt500

  1. #51
    Red is the fastest of all cars onecrazydog's Avatar
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    Re: 2007 gt500

    She's a beauty! Those wheels are so nice.
    68fastback™ ;-)

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  3. #53
    Red is the fastest of all cars onecrazydog's Avatar
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    Re: 2007 gt500

    I really like them with the KR filled in!!

    Those are the same tires Grabby is getting...

  4. #54
    Senior Member Alloy Dave's Avatar
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    Re: 2007 gt500

    Anyone here use FB Marketplace? I'm thinking of listing my GT500 there. Never used it. One thing I want to be careful about is payment method....what methods should I accept for such a large transaction that's safe?

    In my past experience, a certified check from a local bank is the most secure. Not sure I'd trust PayPal or Venmo etc. Ideas?
    "Live every day as if it were your last. One day, you'll be right."

    "The specialists learns more and more, about less and less, until he knows everything about nothing. The generalist learns less and less, about more and more, until he knows nothing about everything."

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    Senior Member twobjshelbys's Avatar
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    Re: 2007 gt500

    Quote Originally Posted by Alloy Dave View Post
    Anyone here use FB Marketplace? I'm thinking of listing my GT500 there. Never used it. One thing I want to be careful about is payment method....what methods should I accept for such a large transaction that's safe?

    In my past experience, a certified check from a local bank is the most secure. Not sure I'd trust PayPal or Venmo etc. Ideas?
    For payment you want certified check or wire transfer. For wire transfers the old "touch-feeley" method

    1. If you've already got an account at the same bank you're golden... Both of you just go to the bank and have the person transfer to your account, then hand over the keys and paperwork. If the person is twitchy, have the paperwork held by the bank manager while the transfer happens.

    2. If you don't have an account the person waits with you while you monitor your account to see that it is received then hand over the paperwork.

    I'd be cautious about cash - there is enough counterfeit stuff out there that it's risky if you don't know. Bank again can check the bills.

    Also, I'm not sure about the Facebook thing, but we have done some stuff with Craigs List. Mostly local transactions, makes hooking up at the bank easier.
    Cheers.
    Tony

    Nothing here yet.

  6. #56
    Senior Member Alloy Dave's Avatar
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    Re: 2007 gt500

    Quote Originally Posted by twobjshelbys View Post
    For payment you want certified check or wire transfer. For wire transfers the old "touch-feeley" method

    1. If you've already got an account at the same bank you're golden... Both of you just go to the bank and have the person transfer to your account, then hand over the keys and paperwork. If the person is twitchy, have the paperwork held by the bank manager while the transfer happens.

    2. If you don't have an account the person waits with you while you monitor your account to see that it is received then hand over the paperwork.

    I'd be cautious about cash - there is enough counterfeit stuff out there that it's risky if you don't know. Bank again can check the bills.

    Also, I'm not sure about the Facebook thing, but we have done some stuff with Craigs List. Mostly local transactions, makes hooking up at the bank easier.
    Thanks Tony. Doubtful they will have the same bank...I use a local credit union. I guess another option would be if they use some "large" bank where we have a branch in our town, I could go open up an account at that bank just for this purpose, then close the account later. In your #2, when you say they should wait while I monitor my account, are you talking about if a wire transfer is done? If so, I think that can take an hour or so right? I would need to check with my bank on that. What do you mean by "touchy feely" method?
    "Live every day as if it were your last. One day, you'll be right."

    "The specialists learns more and more, about less and less, until he knows everything about nothing. The generalist learns less and less, about more and more, until he knows nothing about everything."

  7. #57
    Senior Member twobjshelbys's Avatar
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    Re: 2007 gt500

    Quote Originally Posted by Alloy Dave View Post
    Thanks Tony. Doubtful they will have the same bank...I use a local credit union. I guess another option would be if they use some "large" bank where we have a branch in our town, I could go open up an account at that bank just for this purpose, then close the account later. In your #2, when you say they should wait while I monitor my account, are you talking about if a wire transfer is done? If so, I think that can take an hour or so right? I would need to check with my bank on that. What do you mean by "touchy feely" method?

    Yes, in option 2 at least with my credit union if a wire transfer is set up by mid morning it typically takes a couple of hours.

    LIke you said, another option if you both don't have an account is for the other to open one and then transfer to it and then do the account-to-account transfer in person.

    Touchy feely is you don't get the keys until I get the money. We did it on the playground - each handing the other the stuff in opposite hands.

    PS. If your GT500 is in really good shape with low miles places like Auto Trader also work pretty well. I'd suggest Bring A Trailer but there are lots of GT500s so you're not likely to get much more than with a local transaction.
    Cheers.
    Tony

    Nothing here yet.

  8. #58
    Senior Member Highwayman's Avatar
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    Re: 2007 gt500

    When I sold mine he showed up with a certified check and we went to the DMV together to transfer the title. He didn't use the same bank as me. The check exchanged hands at the proper point of the process there.

    I listed mine in a few places, the sale ultimately resulted from AutoTrader. I did list it in some of the forums and on Facebook related groups but not on Facebook Market Place. I have listed many things for sale on Facebook but always in groups, never in the open Market Place.
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  9. #59
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    Re: 2007 gt500

    I hate doing these large transactions. I’ve had Craigslist scammers try to send me a certified check also. I would make sure a bank says those checks are real.

    When I sold my Shelby we went to his credit union and they wrote out a certified check w me present.

    I sold a Jeep once for $12,500 cash before, but that can be sketchy like Vegas Boy said. Lol

    Check these sites that buy cars, I’ve heard some guys were very surprised what they were offered for their cars.

    .

  10. #60
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    Re: 2007 gt500


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