I’m going to be listing my car on FB Marketplace.
What types of payment should I accept? I’ve never sold a car before!
I’m assuming personal checks are risky?
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Cashier’s check maybe?
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How much are you selling it for?
Zelle might be an option. I’ve used it for transferring I think up to $5000 before
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I’m gonna start with asking 4,500 so i’d be under!
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I sold one car on FB Marketplace and it went a little haywire, but in the end I did get my money.
I accepted a personal check for part of the payment, but it bounced – only because the buyer used an account they hadn’t been using as much lately. They ended up paying using a PayPal e-check, because it was too much for a single Venmo payment. That was kind of stressful because it took a full week or so to clear. The bulk of the payment had been a certified check (and/or bank check), and that’s definitely the best option as a seller!
I’ve sold tons of things where I’ve accepted Venmo. As long as it’s confirmed on your end, I think it’s a pretty safe option. I sold my motorcycle that way and had no issues over the years. But there is a daily limit so depending on what you’re hoping to get for the car, it wouldn’t be a good option. EDIT: OK seeing $4.5k so yeah Venmo would be good. Personal Profile Payment Limits | Venmo
Zelle makes me nervous because it’s quite infamous for fraud, and I recently saw some major company removed it as a payment option because they had so many fraud cases.
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nods I think I’ll “strongly prefer” certified check/bank check!
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Certified check or cash if you have a way to check for counterfeit bills.
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My bank recently sent me a notice that they would no longer use Zelle for an transaction originating from social media, which says something, but I don’t use it anyway.
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My son is looking for a job after resigning from one of the big 4 about a year ago - he basically resigned due to burn out - crazy long hours, not a lot of support. That was his first job out of university.
He’s just started to update his resume and apply for jobs. I had never heard of it before but have seen references to Ask A Manager on this forum.
This is a very vague question but do you think its a good general resource for someone searching for a job?
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Yes! The biggest problem is probably that she has a TON of content at this point, but you can look at just articles within a certain category like “job searching”
https://www.askamanager.org/category/job-searching
She also has a book (well, several, but this one is probably the most relevant) which I haven’t read but if it’s a more digestible version of all her articles then I bet it’s great https://www.askamanager.org/how-to-get-job-e-book
And a free interview prep guide
https://www.askamanager.org/how-to-guid
Best of luck to your son!
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@yarrakiwi is your son interested in working for a municipal? I know a lot of municipalities, especially smaller ones, are desperate for good accounting help.
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My local credit union offers a between customers transfer service that is not Zelle, and the buyers ended up using the same credit union, so we ended up meeting at the bank to do the transfer and it was very quick and easy. If I had to sell a car again I would absolutely offer a small discount to do a similar payment situation.
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Thanks @meerkat and @AmandaS1989. I’ll pass on your comments.
I should have mentioned we are in Australia. I’m guessing municipal is local government? As of last year he has his CA but has no real work experience in accounting so far - but its an option for sure. He also studied computer science and has been working in IT Risk/Security.
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Update on this! We had our next meeting, and it was fine. At the end of the meting, I did mention that we wanted to do more due diligence and look into products on our own (including life insurance, eg getting multiple quotes and not just going with the company he told us about).
Just got a nice email from the FA that he is terminating our relationship because he feels like there isn’t trust anymore. Bummer but probably for the best! I think 95% the trust thing is real and maybe 5% we are less profitable clients for him if isn’t getting other commissions from us. Oh well! At least I have a list of all of our retirement accounts, which was my main goal.
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You would think a professional who takes the fiduciary responsibility seriously would be happy you’re researching independently.
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That was kind of how I felt! We are over committed so it is nice to have one less active project that requires regular meetings etc.
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Ask a manager is great but it is pretty US centric. If something doesn’t sound right (about how resumes should be formatted etc) then trying to find an Aussie advice giver is probably a good idea.
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What a dick! Vanguard has advisory services (for a fee I think), and I bet Fidelity does too. Lots of options out there if uou aren’t comfortable doing this yourselves.
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Thanks! Yeah it was really a mix of things that he was providing, so was a genuinely helpful curriculum and structure. We were just discussing, we paid $X but would have paid $X+ a few more thousand dollars for just the curriculum and software but no product recs, if that were an option.
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Huh! Pretty telling tbh!
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