Hi, once we have an interested buyer, how do we
securely exchange the car for money to make sure
there is no bounced check, etc?
I would clear the funds at your bank. Talk to the bank about what they will accept without a waiting period. Usually this can only be a cashiers check drawn on your bank.
suggest they bring cash
Cash can be a set up for a robbery. Do the cash transaction at your bank and have them inspect the bills for counterfeit.
Draw up a contract and make 2 copies. One for you and one for your buyer. Among other things, clearly state that the vehicle and title will not be released until the funds clear your bank! You should both sign both copies of the contract. You keep one copy and the buyer keeps the other copy. You can write the contract yourself and it's perfectly legal and binding as long as all parties (sellers and buyers) sign it. HTH. -Jim
Looking for a Used Accord in your area?
CarGurus has 97,684 nationwide Accord listings starting at $750.
Get More Money for Your CarBe seen by 20 million shoppers. Create Your Free Listing
Search Honda Accord Questions
Honda Accord Experts
Related Models For Sale
Used Cars For Sale