We sold the last 2 campers, snowmobiles, all kinsa stuff on CL. The last camper, the bank still held the title and a balance on the loan. The way it worked, since most don't just have $20K cash laying around.....the buyer gets a loan at their bank. The buyer's bank contacts the bank holding the loan. Balance is paid, title goes to the buyer's bank, seller gets the rest of the $$. No worries about BS cashier's checks, and no large amounts of cash changing hands. Worked pretty darn slick.
Benefit to selling outright, whether on CL, Classifieds, or just a for sale sign......you get MUCH MORE than a dealer will give for trade in. In our case, almost double what the dealer offered. Just don't be in a hurry to sell. We figured, any offer over trade in was money in the bank. You also have to have a good BS filter. There's always someone trying to scam. Good rule of thumb......ALWAYS in person transaction. DO NOT bite on the "My Courier" or "Delivery Driver" crap. If they're not going through a bank for a loan, CASH ONLY. If they can get a certified bank check, they can get cash.
:B 2013 F-250 4x4 Crew, 6.7L Turbo Diesel, 5000lb Air Lift rear bags,
Equalizer 1200/12K Trunnion Bars
2015 KZ MXT 303 Toy Hauler:C
2013 Yamaha FJR 1300, 2 dogs, Him & Her:C