Money transaction when selling a RV question

I'd use the same methods of payment as used when buying a real estate property: bank or certified check w/o n atty. Meeting at the bank with transfer documentation on hand to close the deal sounds like a great meeting place to sign off the deal at.
Money orders, cash, and wire transfers are too risky for this type of transaction IMO.

Not vehicle related, but I work at a title company and we require wires for all cash transactions. Too much fraud these days when it comes to cashier's checks.

The only issue with a wire is making sure the wire instructions the buyer is using are actually the correct ones. We have to send ours through encrypted emails, especially when it's a gmail or hotmail or whatever generic email address, because the scammers create fake email addresses and pretend to be a party to the transaction and say "oh hey, I gave you the wrong instructions before, here are the correct ones" and before you know it, you've wired the money to some other account and they move the money from those accounts right quick, so it's very difficult to get it back. So, we often request the buyer call us right before the wire is sent to re-verify the instructions. This just happened recently at one of our other branches. The scammers hacked the agent's email address and sent the buyer "new" instructions, and she wired $225,000 to a fraudulent account. Needless to say that transaction did not close.

A few years ago we sold a TT and the guy gave us $10K in cash. Spent just fine.

Another option (besides good old cash) - is having the buyer's bank wire money into your bank account. We have done this a few times with out-of-state car sales; and it works great. Our bank assured us that even though someone has our checking account routing and account number - they can NOT remove money (and if you think about it - every time you write a check, you are giving people that info). I think, for the most part, that you can get a feel for the buyer when you talk to them - and to avoid scams, that's the key: talking to them. Real buyers will ask lots of questions about the RV; scammers are just interested in the "transaction".

When we sold our Pop-up, the buyers paid with a cashier's check. This was right around the time we had heard about cashier's checks being forged. My wife and the seller's wife went to our bank to verify the check and have the bill of sale notarized before signing over the title.

The last few vehicles we have sold were cash only. When selling our vehicles we made sure it was in well exposed areas and if possible near video surveillance.

-Michael

When I have purchased trailers or cars from a dealer, for cash, they always accept a bank check so they must be safe.

When I sold a 924 Porche for $8,500.00 cash, no checks, no trades and living close to the border, I made the buyer meet me at my bank, I went a half hour before and arranged with the business teller that the buyer would hand her the money and she would pass it through the counting machine, that way I am not the owner of the money but the guy handing it to the teller, if counterfit the money is confiscated, all of it, and they have to deal with Secret Service and Police.

The reason for that is the amount of North Corean and Colombian dollars (counterfit) so this guy handed the money and it was good, I singned over the pink and the bill of sale and release documents, after the transaction the guy said he was a bit scared carring the money until he got to the bank, and was glad I had asked for that, got to be carefull today, specially with fake checks and bank drafts they look authentic but are not real, do not release title or the RV until money in the bank is real, remember that if the check is not good you are responsible for it, then you end with no money, no trailer and bank cost.

navegator

I've used bank checks with no problems.
Just call the bank to verify the check is good before releasing the title/camper.
Your bank should be able to help you figure out a safe plan.
Take a picture of buyers drivers license and license plate etc

It partly depends on the amount of the transaction. A few thousand dollars is much more reasonable to handle with cash than several tens of thousands of dollars.

Meeting at the seller's bank and receiving there a bank (cashier's) check from the bank clerk there is pretty much safe. That doesn't work quite so effectively if your buyer's bank doesn't have a branch conveniently close to you.

Some here suggest, if these fail, only giving a bill of sale and sending the title only when funds clear. That's reasonable protection for you, but I would never agree to do that as a buyer; instead of you having to trust the buyer as being honest, the buyer now has to trust you as being honest.

Selling via consignment can avoid some of these hassles, but potentially replace them with other different hassles.

I had buy open bank acct near me and then after looking at it and he agreed to buy, we went to bank where bank give me bank draft.