can a buyer split payment between CarGurus Pay and sellers personal bank?

5

Asked by Rick Apr 12, 2021 at 07:30 PM about the 2014 Ford Mustang GT Premium Coupe RWD

Question type: Car Selling & Trading In

I have a buyer for my 2014 Mustang. The selling price is $29,500. The buyer
wishes to pay me $25,000 via CarGurus Pay and then send me the balance of
$4500 cash to my PayPal account. Can this transaction plan take place and if
yes, what steps do I take as the seller?

1 Answer

Be careful not to give them the car and title without ALL the money in hand.

Your Answer:

Own this car?

Share your experience with others.

2014 Ford Mustang

Review another car

Resources

CarGurus Experts

  • #1
    Gene Arnett
    Reputation
    3,140
  • #2
    Bob Beaman
    Reputation
    2,680
  • #3
    rst429
    Reputation
    2,610
View All

Know more, shop wisely

Search

Related Models For Sale

Used Chevrolet Camaro
591 Great Deals out of 9,115 listings starting at $4,289
Used Dodge Challenger
706 Great Deals out of 21,295 listings starting at $2,700
Used Dodge Charger
775 Great Deals out of 27,141 listings starting at $1,995
Used Chevrolet Corvette
771 Great Deals out of 12,578 listings starting at $3,200
Used Ford Mustang Shelby GT500
34 Great Deals out of 542 listings starting at $22,990
Used Ford F-150
6,071 Great Deals out of 134,778 listings starting at $1,500
Used Ford Mustang Shelby GT350
11 Great Deals out of 292 listings starting at $36,950
Used BMW 3 Series
1,108 Great Deals out of 12,787 listings starting at $1,100
Used Chevrolet Silverado 1500
4,158 Great Deals out of 131,121 listings starting at $875
Used Honda Civic
1,412 Great Deals out of 30,290 listings starting at $1,299
Used BMW M3
57 Great Deals out of 1,075 listings starting at $11,699
Used Jeep Wrangler
3,244 Great Deals out of 60,512 listings starting at $3,999
Used Toyota Camry
2,073 Great Deals out of 33,068 listings starting at $1,100

Used Cars For Sale

2021 Ford Mustang GT Premium Coupe RWD For Sale
15 Great Deals out of 179 listings starting at $29,991
2020 Ford Mustang GT Premium Coupe RWD For Sale
8 Great Deals out of 151 listings starting at $27,900

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.