Is it safe to sell my car to someone that ships car to Africa?

[hiphopforce]

Hi,

I am selling my daily beater because I don't need that many cars anymore.

There is a very serious buyer that will come see my car tomorrow.
He seems quite honest as he tells me that he'll buy my car extreme likely because he ship cars to Africa (like a business).

The only thing that concerns me is that, he won't be transfering the ownership to his name, but just ships the car to Africa (as is) once he buys it from me.

Is it safe to allow a buyer not registering the car under their own name?

How will this impact me?

I know for private sale, you really cannot control when the buyer registers the car, they will have 7 days from the date you sign and date the ownership and have their info written onto the ownership.

However, if he is shipping it out of the country (to Africa in this case). What are some potential problems I could face if things go sour?

I will write a bill of sale with him signing it, but what else I can use as proof to protect myself from any legal issues in the future?

I really need the car sold asap, but the buyer's purpose of purchasing really throws me off.
I also know the rule of thumb is, if you're not comfortable with something, it is always best to avoid it.
But I am in a dilemma here :(

Any good information, suggestions, recommendations would be greatly appreciated :)

[forthewinwin]

Don't deal with shipping to be safe.

There are a lot of scams involved.

[GangStarr]

Hi,

I am selling my daily beater because I don't need that many cars anymore.

There is a very serious buyer that will come see my car tomorrow.
He seems quite honest as he tells me that he'll buy my car extreme likely because he ship cars to Africa (like a business).

The only thing that concerns me is that, he won't be transfering the ownership to his name, but just ships the car to Africa (as is) once he buys it from me.

Is it safe to allow a buyer not registering the car under their own name?

How will this impact me?

I know for private sale, you really cannot control when the buyer registers the car, they will have 7 days from the date you sign and date the ownership and have their info written onto the ownership.

However, if he is shipping it out of the country (to Africa in this case). What are some potential problems I could face if things go sour?

I will write a bill of sale with him signing it, but what else I can use as proof to protect myself from any legal issues in the future?

I really need the car sold asap, but the buyer's purpose of purchasing really throws me off.
I also know the rule of thumb is, if you're not comfortable with something, it is always best to avoid it.
But I am in a dilemma here :(

Any good information, suggestions, recommendations would be greatly appreciated :)

I would be careful about taking any cheques, even if they are certified or bank drafts. I would insist on cash. If the cheque bounces, your car is on a container on the ocean.

[rilles]

How is he paying? cash? certified check? long as you get paid how is it different then if some creepy guy with shady friends buys it.

[geokilla]

Not Africa but close enough?

http://blogs.insideline.com/roadtests/2012/07/2011-ford-mustang-gt-one-and-done.html#more

[hiphopforce]

He is an actual person who resides locally and will be paying by cash.
Basically, he will come see the car tomorrow morning.

I will check his driver license as well.

[hiphopforce]

I also thought about reporting the car "sold" to the MTO once the guy pays me cash and seal the deal.
But I am not sure if MTO really does such a thing and remove your name from the car.
I'll probably call MTO early in the morning and ask them.

[hiphopforce]

Also ask him how he will sell a LHD car in a RHD market.


I will text him back saying "btw, my civic is from japan (JDM bro), its RHD" hahahahha

[IMWHFMPC]

no problem, just sell it but make sure you get cash and take off your plates.

[indca]

Hello, I knew someone from my last job that was doing something like this; he was making some good money buying accident vehicles and fixing them up and then shipping to Africa where his family had a business setup for all he bling bling vehicles like cadillac, infiniti and others.

[boyoflondon]

Also ask him how he will sell a LHD car in a RHD market.

Same way people buy an RHD here in the LHD market. :idea:

[dealguy2]

No way would I sell to someone who is not going to transfer ownership right away. You're still liable for things like parking tickets etc if you still own the vehicle.

[thrifthunter]

Also ask him how he will sell a LHD car in a RHD market.

How do you know it will be going to a RHD market when you don't even know what Country it will go to?

[thrifthunter]

No way would I sell to someone who is not going to transfer ownership right away. You're still liable for things like parking tickets etc if you still own the vehicle.

You guys don't have "notice of sale" forms in Ontario?
I can't see how it could be your responsibility if the buyer doesn't transfer the vehicle. I mean what do they expect you to do about it?

[Andro]

Should be safe as long as they are shipping the car to Nigeria.

[l69norm]

I also thought about reporting the car "sold" to the MTO once the guy pays me cash and seal the deal.
But I am not sure if MTO really does such a thing and remove your name from the car.
I'll probably call MTO early in the morning and ask them.

Yes, after 7 days you can go to service Ontario with the paperwork and have the status changed to sold

[thrifthunter]

Look I know youre mad from the other thread but drop it.

The guy said Africa...look up the largest countries there and make a guess.

Guessing is for chumps!

[Spidey]

If Im selling a car, and they pay cash, and i transfer title and all that to them. They can do whatever the hell they want to it.

For him to tell you the story that he ships to Africa, it was no advantage to him. He could of just said he wanted to buy it, you would be none the wiser where it goes after that

[dealsaddict]

If Im selling a car, and they pay cash, and i transfer title and all that to them. They can do whatever the hell they want to it.

For him to tell you the story that he ships to Africa, it was no advantage to him. He could of just said he wanted to buy it, you would be none the wiser where it goes after that

The buyer does not want to take legitimate ownership. Why? Import tax and fees?!!!

[gei]

The story actually makes sense if he's really shipping it overseas - why change the ownership and pay the tax since it's leaving the country anyway.

[durrsak]

Sold my old Nissan Sentra to a guy who was shipping the car to Ghana. I guess these older cars sell more then here. Everything went smooth. Had the guy sign a bill of sale and reported the car as Sold to MOT. Transaction went very smooth.

[thrifthunter]

Why do these people even tell you they will be shipping the car the Africa to begin with?

[brian.gerson]

It's a legitimate business for some people. Cars are more expensive in places like the Middle East, so people buy them in the US/Canada and ship them in containers over there. There is a big illegal trade dealing in stolen cars as well.

If the guy pays you with cash or a certified cheque/bank draft, what do you care what he does with the car?

[l69norm]

It appears to be a money laundering scam used to transfer cash from Canada out of the country :
http://www.nytimes.com/2011/12/16/world/middleeast/us-sues-american-and-lebanese-businesses-it-says-helped-hezbollah-money-laundering.html?_r=1


In February, after a six-year investigation by the Drug Enforcement Administration, the Treasury Department forced the closing of the Lebanese Canadian Bank and the sale of its untainted assets to a new owner.

It charged the bank with assisting a handful of account holders in a scheme to wash drug money for Colombian cartels by mixing it with the proceeds of used cars bought in the United States and sold in Africa. The government said that the cash was then flown to Lebanon and deposited first into exchange houses named in Thursday’s civil suit and then into the Lebanese Canadian Bank, with Hezbollah taking a cut of the profits

"Dirty" cash can't be exported without flagging the government. The "dirty" cash is used to buy legit cars. The cars are then legally exported to other countries and sold. The proceeds sales are now "clean"/legit cash which can be moved around