Re: Need help with how to pay for tractor long dis

Posted by kyhayman on March 14, 2005 at 12:30:04 from (205.204.242.23):

In Reply to: Need help with how to pay for tractor long distanc posted by purplewg on March 14, 2005 at 10:04:29:

First, I always insure the tractor when I pay for it, before it is loaded. If the trucker steals it, its stolen goods and I'm covered. Often, I will travel with the trucker to the vehicle or tractor (or go by car) to ensure payment is smooth. Have used an attorney (sellers attorney) to escrow money (would probably do that if it is more than $15,000.) Even if it costs me $200, thats cheap insurance. When the driver signs the pick up that releases the funds. There is a certain amount of risk in long distance transactions. One reason they are a little cheaper on average.

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