[AT] Selling tractors abroad

[LeRoy Price III]

All,
 
Thanks for your insights.  Th ebuyer seems legit.  He is asking to pay via Paypal or some type
of bank transfer but that requires account numbers.  he is also willing to pay extra so that with
currency differences I still get my asking price in full and not lose any.
 
For transportation, he has someone in Canada that picks up the tractors and ships them.  So I 
don't need to worrry about that at all.
 
Seems he has been buying Allis Tractors for a while from the US.  Anyone know Des Wallings?
 
LeRoy
> Date: Mon, 11 Aug 2008 19:52:09 -0500> From: coldspringkid at hughes.net> To: at at lists.antique-tractor.com> Subject: Re: [AT] Selling tractors abroad> > LeRoy,> > I am usually just lurking on this list but I have had experience in > selling abroad. I sold an 8N that went to Ireland last year and it was a > good transaction. When I was originally contacted I noticed that his > email appeared to be a business address and when I checked out their > website it turned out that I was dealing with a Ford New Holland dealer. > Do what ever internet searching you can on your buyer. If the email is a > hotmail or gmail account that would be a red flag in my eyes.> Next, go to your bank and ask them if they can accept overseas wire > transfers and if they can they will give you a list of instructions of > how to have them send the funds. To do an oversees transfer the bank > needs to have what they call a SWIFT code or in other words it is the > routing number to accept foreign transfers. If your bank doesn't have a > SWIFT number they will likely deal with a regional bank that serves as a > receiver for them. Be sure to find out what the fees are for this > service and add it to the selling price. If the buyer is legit they > won't hagel with you over this because they have done this before and > they know that theses services are not free. When I talked to my > banker about the security of giving out the account numbers he assured > me that through these channels the money can only travel one way and > their is no way that the buyer can use the information that you supply > to try to extract funds from your account. That why I say to see the > banker to get the wire transfer instructions from them.> The next thing that I asked of the buyer was to arrange to pick the > tractor up at our farm. He was buying a number of tractors in the US and > he had an auctioneer in Kentucky that picked up his purchases and > consolidated them for container loading. If your buyer is actively > buying he knows how to get it home so let him do the work of arranging > shipment. You should have the money in the bank before you arrange to > turn the tractor over. In my case it was almost two months after the > purchase and payment before they came to pick up the tractor. The > process could take some time I would be more comfortable with it taking > more time instead of having it take less time. If they are pushing you > with short deadlines be wary.> Bottom line, I agree with the others that money orders and paper > documents can be forged. Wire transfers are the common transfer of funds > through out the world and they are safe and secure. And as the others > have said our dollar is weak and we are going to see more and more > tractors going overseas because the tractor collecting hobby is > worldwide and with the internet we are truly part of a global market.> I wish you well and feel free to contact me on or off list if you > have questions.> > John> > LeRoy Price III wrote:> > Has anyone ever attempted selling an antique tractor abroad? I have a party interested in my Allis B Cane> > in England. Apparently, he is a AC collector and has contacts to haul a tractor to Canada where its loaded into> > a container and shipped across. Payment is through something like paypal. > >> > Anything to worry about?> >> > LeRoy> > _________________________________________________________________> > Get more from your digital life. Find out how.> > http://www.windowslive.com/default.html?ocid=TXT_TAGLM_WL_Home2_082008> > _______________________________________________> > AT mailing list> > http://www.antique-tractor.com/mailman/listinfo/at> >> >> > > > > _______________________________________________> AT mailing list> http://www.antique-tractor.com/mailman/listinfo/at
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