I want to buy a used car from a private owner ..... it will be about $2500. WHat is the securest way ... for?
both parties to complete this transaction ? ( for buyer and seller ) I don't want to carry a lot of cash ..... and I know the seller wouldn't want a personal check. The title or bill of sale must be notarized by the seller .. in NJ. So ... what would be the most secure way to pull off this transaction ... as far as ... location and .... financially ? What type of payment is recommended for larger transactions such as these ??
Get a cashier's check from you bank. A bank won't give you the check unless you have the funds in your bank account. So, you don't have to carry all of that cash, and the buyer doesn't have to just trust you with a personal check.
