Is This A Scam?

[joesregalproject]

So I've had a car of mine (a '98 BMW) for sale for a while, and I had some people text me last night to arrange to look at it. I met with them in person today, and they made an offer. I told them I needed to sit on it, and I made them a counter-offer a few hours later and they agreed on it. They asked if they could pay with a certified check as they bank online and do not have a physical bank branch anywhere close (I verified this), and they would either have to get the money from ATM withdrawals which are limited to $500 a day (would take over a week), or drive a few hundred miles to the closest bank. I agreed to accept a certified check. I am planning on calling the bank and verifying the account and funds before I go through with the title transfer. Everything seems legit, but Is this a scam?

 

[Injectedcutty]

So I've had a car of mine (a '98 BMW) for sale for a while, and I had some people text me last night to arrange to look at it. I met with them in person today, and they made an offer. I told them I needed to sit on it, and I made them a counter-offer a few hours later and they agreed on it. They asked if they could pay with a certified check as they bank online and do not have a physical bank branch anywhere close (I verified this), and they would either have to get the money from ATM withdrawals which are limited to $500 a day (would take over a week), or drive a few hundred miles to the closest bank. I agreed to accept a certified check. I am planning on calling the bank and verifying the account and funds before I go through with the title transfer. Everything seems legit, but Is this a scam?

Could be sketchy....definitely verify with the bank to cover your *ss man. Majority of the time you have to go to the bank anyway to get a certified check....they will type it out right there to the receiver, amount, etc. I don't believe a bank will issue a blank certified check as they verify the funds are there before issuing it..I'm sure others will chime in.

 

[tc1959]

You got screwed, Don't deposit that check.

 

[joesregalproject]

they said they had to order the check tomorrow. It wont be blank before they get it. Nothing else seemed out of place. They had a local phone number, and an in-state license plate, I met with them in person, and they were not foreign.

 

[joesregalproject]

You got screwed, Don't deposit that check.

The deal hasn't gone through yet.

 

[Opie Knievel]

http://www.bankrate.com/finance/savings/you-can-t-always-trust-certified-checks.aspx

 

[Opie Knievel]

Not saying these people are trying to scam you, but if they have the cash in the bank, it's 2016, they can wire the amount straight to your account.

 

[joesregalproject]

Not saying these people are trying to scam you, but if they have the cash in the bank, it's 2016, they can wire the amount straight to your account.

Also a good idea. I will talk to them.

 

[Opie Knievel]

I also bank online. I have a NetSpend card.

 

[565bbchevy]

I think I would have been willing to wait over a week for cash and take a $500 deposit to hold it.
Every scammer I have dealt with wants to pay with a certified check and I myself have never looked at a car or part without having at least a deposit in cash on me.