Would you sell for cash?


I just got an offer for my amp from a buyer on US Audio Mart and he wants to pay cash. He lives five hours away but has an employee in my town, which is a suburb of a larger metro area. He offered to have his employee pick up the amp and pay cash. The buyer has been on US Audio Mart for 8 months and has no feedback, which is not unusual. 

I guess the cash part makes me uncomfortable but maybe this is not so uncommon? So wondering if many accept cash with local pickups and has anyone had a problem.  Seems like PayPal or Venmo would be preferable. I guess I can see someone with a business drawing petty cash out for personal use. Just not sure about the whole story. Thoughts?

treebeard1

Showing 1 response by artemus_5

+1 @dill 

Its hard to believe how conditioned we have become as a society. The govt would love us all to make every transaction w/o cash and instead use traceable pmt like a credit card, or a check. Cash is generally not traceable. Although there is a $10k limit which the bank must report anything over that. Recently I heard they were trying to lower the amount to something like $600 instead. I'd accept the cash in a heartbeat. But get the pens and check the bills.

@bkeske  it's not just builders. I am a retired builder. I've had several people pay me with cash, most often large sums. Some yrs back, one lady gave me $10k in cash. That was a somewhat nervous rider to the bank with doors locked