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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCrossville (TN) man who sold truck out $78,000 after check bounces BEWARE GM!
https://www.wate.com/news/top-stories/crossville-man-who-sold-truck-out-78000-after-check-bounces/amp/CROSSVILLE, Tenn. (WATE) When Shawn Burgher decided to downsize his camper, he decided to get a smaller truck and sell his old one online. He did not expect to downsize his wallet by $78,000.
I was contacted by a gentleman who said they owned a trucking company and was looking to buy a truck to do smaller loads, said Burgher.
"We asked him if he could call my bank to pay it off to get the title started. And I said, yeah, Ill call the bank and Ill ask them,' said Burgher. So, I called GM Financial. GM Financial said that thats okay to do a three-way call. And we did that."
Six days later, the check was reversed. Burgher said GM Financial still has not explained why.
Much more at link.
Beware!!!!
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Crossville (TN) man who sold truck out $78,000 after check bounces BEWARE GM! (Original Post)
SheltieLover
Feb 11
OP
The Wizard
(13,646 posts)1. Payment should be in a bank check and the title signed
upon the check being cashed.
SheltieLover
(78,830 posts)3. Agreed. I wouldn't take somebody's word over the phone.
UpInArms
(54,560 posts)2. This is where (imho) the problem started
This time, he sold it on Facebook.
SheltieLover
(78,830 posts)4. Agreed!
2naSalit
(101,417 posts)5. Why do people...
Not want to follow procedure?
SheltieLover
(78,830 posts)6. Dunno.
This is TN, though. Largely a very shallow gene pool.
Mosby
(19,395 posts)7. I hate to say this
But he needs to hire a lawyer yesterday and try and claw back the money he spent paying off the truck.
SheltieLover
(78,830 posts)8. Absolutely!