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Yeah I put down like $14k I think
Called BMW FS. They can do a person to person loan transfer if the buyer is credit worthy. Alternatively, if they're paid with a certified bank check it takes a week between that and me getting the title. The representative suggested either the buyer can pay them (in which case I'd provide a notarized bill of sale for him/her and then transfer the title over once it arrives), or I could pay for it myself. For wire transfers and personal checks it takes them about a month to process though.
I don't have much experience selling cars, but is this a normal procedure? Even with a bill of sale I'd be nervous handing someone $30k and not having the title in return.
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