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 3 responses by bkeske

I’m sure there are drug dealers and strippers with PayPal, checks, credit cards, etc. Cash too.

We could drive ourselves crazy wondering where the money ‘came from’ to pay us for both goods and services.

Im in the design/build business. Never ceases to amaze how many builders and contractors/subcontractors love cash. Many dislike having to fill-out 1099’s. I usually ask for a check regardless.

If it is real cash, what is the problem?

I would suggest they sign a receipt of purchase, receipt, and acceptance per your conditions of sale spelled out in your ad, if any. With their name, address, etc. on the receipt.

But really, it’s cash, so they have little recourse should they change their mind as long as your ad stipulated conditions of the sale. They would have more recourse using a service like PayPal. Who cares where the money is coming from, that isn’t your problem.

Personally, I don’t like dealing with cash.