I would never carry large amounts of cash, especially with a long distance transaction, due to the possibility of civil asset forfeiture. If thereís a branch of my bank near the point of sale, then it could work. When selling to a cash buyer I would receive payment at my own bank and deposit before transferring ownership. .
Bank transfer can work, too, but you must verify receipt of funds before transferring ownership. Discuss the details with your banker before listing .
Cash or verified EFT only. Never any kind of check, not even a cashierís check. Always complete the final transaction at a secure location, preferably a bank.
Never transfer possession without the proper transfer of ownership documents at the same time. Be prepared to provide a bill of sale along with the title
(depending on state). Notify your motor vehicle department of the sale (many states can be done online 24/7), so you donít incur liability for anything that happens after the transaction.