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by sanid
1288 days ago
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It's not rare, happens every day. How else are you going to buy it from another private person safely? You want to have an instant transaction. You give somebody money and get a car, thats the safest transaction for both sides. Are you going to wire somebody 10k+ for a car you can't have instantly? (note real time bank transactions are only now becoming a real widespread thing around here in Germany) |
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SEPA transfers take 30 seconds to clear.
> You give somebody money and get a car
or you give them the money and get back nothing, because "what money are you talking about?"
> thats the safest transaction for both sides
that's literally the less safe!
> Are you going to wire somebody 10k+ for a car you can't have instantly?
If you are buying something worth more than 10k and you need it now, something's obviously not right.
Keep in mind that to actually have more than 10k cash immediately available it means you only deal with cash and keep them somewhere they are less safe than a bank or cost you a lot more than a bank.
Which, again, is already very suspicious.
And no, it's not about regular people, median account balance in Germany is less than 5.000 euros but suddenly there's a need to pay 10k in cash to buy cars that you need right now and you casually had the money in your pocket, because it's a common thing to do.
I call it BS!