for only $5,900
If I didn't already have more than I have time for, I'd be on my way there tomorrow morning with a trailer. I love buying things when people want to get rid of something like that and want it gone now.
I do believe that is a great deal. If your into the early T's that a parts super deal.
Its probably already gone.
I have been in contact with the seller thru Craigslist. He seems odd, will not accept a check as deposit, and so far refuses to give contact info.
Has anyone seen the stuff?
could it be a scam to get deposits?
Any info would help.
I spoke with him about 3 weeks ago, scared me away, don't believe I could deal with him.
If I was a seller on a tight schedule and really interested in selling I would not take a check to take it off the market. Checks are too easy to show up bad after a week or ten days. If you are really interested, show up on his doorstep with cash in hand.
It is kind of sad but both buyers and sellers have to be very careful, there are a bunch of scammers out there.
Ever hear of a thing called cash? It's the only thing that talks in my neck of the woods.
Unfortunately I have to drive 2130 miles to hand him cash...
His schedule is really tight. This bargain has been on the market 2 months. I think you would be nuts to send him cash. There is what looks to be a 26/27 roadster beside it and a pair of wire wheels hanging on the wall. Are these included in his spare parts? He knows the value as he mentioned the other two cars. You would be taking a chance on losing it but it would seem prudent to contact a Minneapolis club member to check it out.
If the seller will not tell you where the property is located, then blow him/her off.
If the seller finally gives you the location of the property, go to the location with cash in hand, but complete the sale at the tax office and take possession of the property immediately after the sale. Get a receipt for the sale and payment of the taxes at the tax office. Make the sale a public matter. Have witnesses at the tax office. If trouble ensues, have the seller arrested for fraud. You will have your receipts for the sale and the taxes and your witnesses, in addition to the title, so that you can take possession of all the property. Play hardball with such a seller. Don't thank such a seller for the sale. Being nice does not pay. That is the world in which we now live. Get used to it.
It's very easy to take a check as a deposit. Just have to tell the buyer he can't take possession of the vehicle until it clears. Checks clear within 2-3 days now under the majority of circumstances. The days of a check taking 9 or ten days to clear are long gone. They don't even actually send a check through the system anymore - it's deposited from one bank to the other electronically.
But the way this guy seems to be acting and the fact that this "great deal" remains unsold after two months is enough to make me avoid it. Unless of course I lived near by and could put my hands on the product. Hell no one knows if this stuff really belongs to the guy since no one seems to have actually seen it.
Yes some banks will take 2 to 3 days to clear a check but if you get a check before a weekend or even before a three day weekend and have to wait till the next business day to deposit it, that adds up to a week+ real fast.
Regardless, Jim. Even if it took two weeks, as the seller, you don't have to release anything until it clears. Simple as that. There's nothing wrong with taking a check. You are out nothing if it doesn't clear. Once it clears, you have the funds. There's no way the buyer can magically make the check "unclear" or stop payment once you have the funds.
There's all kinds of what-if scenarios I suppose, but to reiterate what I said, "Checks clear within 2-3 days now under the majority of circumstances." (Note I did not say all circumstances.) And 5 days to clear is still only half the time it used to take on average.
There's absolutely no reason to be paranoid about taking a check. Before PayPal I accepted checks all the time. Thousands of them over the years.
There are some interesting parts on those photos. I'd like to find the block that goes with that early, pressed steel mag ring.
I don't know the seller, but I believe the owner of the the other cars that he mentions, is a friend of mine. After all, how many guys can there be selling 1915 Model Ts in Duluth, MN? You couldn't find a nicer, more honest guy.
I was up there and bought a rear end for a '27 off of him for $10 last Fall. As I recall, his name is Todd (can't remember last name). He lives out of Jean Duluth Rd on Duluth's northeast side. Pretty much a rural area. He had quite a pile at the time I was there, so what you see in the pics...well, there's more. I believe he's a contractor or something. If he wants to clear out the inventory, I would bet he's moving or trying to sell. The guy likes cash...who doesn't? Just make sure you get good directions because it is a little tricky getting to his place.
I guess its up to the seller about which form of payment he would accept but there are some folks who are totally unreasonable about wanting cash only.
The people I've dealt with over the years with this mindset have usually settled down when I've told them I wont pick up the merchandise UNTIL the check I gave them gets cashed or cleared their bank.
But then then again some people live out of their front pocket and don't use banks.
Different strokes for different folks I guess.
If I were dealing with such a seller, I'd just tell him I was paying cash; get directions to his place; and show up with cash and my trailer. If I didn't want to go through with the deal after seeing it, I'd have lost nothing but the time and expense of the trip.
Of course, I realize that for Tony, this is unreasonable. It would even for me, living in Texas because of the distance. If he has to have cash for a deposit to even hold it two days until I got there, then that's a problem. These days, nobody in their right mind is going to send a stranger cash to hold a vehicle. The only way is for a local person to do a preview for the buyer and maybe have them put a deposit on the purchase, or do as I have done twice with out-of- state buyers. Have a Gentleman's agreement to hold the car until they get there with cash in hand. I've done business, both ways. Once I had a Indianapolis club member, preview a car I wanted to buy in nearby Marion.
On separate occasions, I sold cars to a buyer from Colorado and a buyer from Tennessee. I agreed I'd hold the cars for them as long as they paid cash. Each car sold for $30,000.00 and each buyer showed up with their trailer and a briefcase full of cash.
I have bought and sold many hobby cars over the years (mostly Mopar muscle cars), and all of the transactions were cash. One time, a buyer wanted to pay by check with an agreement that I would call him to pick up the car once the check had cleared. I agreed, but when he came to look the car over he had already made up his mind to buy the car and had brought cash.
One year I went to the Mopar Nationals wearing a fanny pack with $11,000.00 in hundred dollar bills in it, intent on buying a 1971 Plymouth Barracuda convertible, but didn't find any good prospects in my price range. I ended up re-depositing the cash when I got home. That was back when such a car could be purchased for that amount, now that amount won't even buy an NOS grille for the car.
My plan was to send him a check on August 1st and pick up the stuff on August 26 with the balance of cash. That is no scam...
As it is, after spending a few dollars on an internet search, I have found that he has two phone numbers and operates from three different addresses.
I can think of reasonable explanations, but....
Now I wonder if am I the mark? Buyer beware.
Tony, I think you'll fnd the car and the parts at his home address on Lady Nicole Ln. in northeast Duluth. That's were everything was last Fall when I was up there. Like I said, get an accurate map or great directions to get there without getting lost.
Interesting as he now has tells me the address is 4196 Van Gassler RD, Cloquet, MN 55720
I suppose he could have recently moved???
Wouldn't surprise me. Looked to me like his last place was a spec house, and I remember him saying he needed to reduce the piles. You are actually lucky; any place in Cloquet, MN is going to be easier to get to that where he lived before. Cloquet is right off of I-35 and if you need to spend the night, Black Bear Casino is right there. Nice place, good rooms, good food.
I think we have given up on Todd in Minnesota, at maybe the above address.
He will not commit to selling us the parts, and has been very evasive about his name, phone number, we still don't have an email address, everything has been through Craigslist. We really don't know what he is selling now it is all moved.
I highly recommend that no one deal with him other than a strictly cash deal after you have seen what is prepared to sell now he has moved all the stuff from the original Craigslist pictures. By the way he has increased the asking price!
Well, if you change your mind, be sure to eat at Gordy's Hi-Hat in Cloquet. It's one of the best burger joints on the planet. Cloquet also boasts the World's only Frank Lloyd Wright designed gas station.
I have sold parts and cars for for well over 40 years and have never had a problem with checks. When I really get down to it I have sent out as many as 17 mailings in a day and all by check.
What some do is only accept cash so they don't have to deposit anything and beat the income tax. We have a business in Berthoud that does that. I would like to see his annual tax report, I'll bet it is almost ZERO income. I do a lot of business with him and have to scrape together enough cash to satisfy him each time.
Tony, Too bad it didn't work out for you. It has been a great summer to visit this part of the planet. When I last talked to Todd, he didn't have any contacts in the Model T community up there, or seem to have any real idea what to value stuff. My guess is he is throwing prices trying to see what sticks because he has no real idea what his stuff is worth. Don't be surprised if the stuff shows up on the block again at the original price when he can't figure out how to sell it as a whole pile without having someone cherry pick just the good stuff.