{"id":3005,"date":"2022-03-12T08:00:39","date_gmt":"2022-03-12T13:00:39","guid":{"rendered":"https:\/\/www.usedvending.com\/blog\/?p=3005"},"modified":"2022-03-10T02:08:05","modified_gmt":"2022-03-10T07:08:05","slug":"find-legit-buyers-food-truck","status":"publish","type":"post","link":"https:\/\/www.usedvending.com\/blog\/find-legit-buyers-food-truck\/","title":{"rendered":"How to Find Legit Buyers When Selling Your Food Truck"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">As with selling any other vehicle, selling a used food truck can take some time, mostly because of all the things you need to take care of before it can be sold. To be frank, there\u2019s more to this transaction than deciding on an asking price and then listing the used vehicle online.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Maybe your food truck business didn\u2019t do as well as you projected it would, even when you took a chance on new <\/span><a href=\"https:\/\/www.usedvending.com\/blog\/most-profitable-food-truck-items\/\"><span style=\"font-weight: 400;\">menu items<\/span><\/a><span style=\"font-weight: 400;\">. Perhaps you found yourself in a series of situations that were completely out of your control, and so had to sell the food truck as a result. Maybe you want to upgrade your food truck to hold more stock and employees but don\u2019t want to expand the business just yet.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whatever the case may be, you\u2019ll want to at least find legitimate buyers, not just to shorten the time between listing the food truck and seeing the extra money in your bank account or wallet, but also to avoid getting scammed. That said, here are a few things to remember.<\/span><\/p>\n<div style=\"border: 3px solid; padding: 10px; width: 100%; border-radius: 25px; border-color: #F4A70F; color: #007bff;\">\n<strong><\/p>\n<p style=\"color: #007bff;\">What&#8217;s Inside<\/p>\n<p><\/strong><\/p>\n<ul>\n<li><a style=\"text-decoration: none;\" href=\"#thingstoremember\"> 3 Things to Remember When Selling Your Food Truck<\/a><\/li>\n<ul>\n<li><a style=\"text-decoration: none;\" href=\"#verify\"> Verify the Buyer\u2019s Identity<\/a><\/li>\n<li><a style=\"text-decoration: none;\" href=\"#besuspicious\"> Be suspicious of buyers offering a swap or trade<\/a><\/li>\n<li><a style=\"text-decoration: none;\" href=\"#bank\"> Make sure the buyer agrees to complete the transaction at the bank<\/a><\/li>\n<\/ul>\n<li><a style=\"text-decoration: none;\" href=\"#takeaway\"> Takeaway<\/a><\/li>\n<\/ul>\n<\/div>\n<p><b><\/b><\/p>\n<h2 id=\"thingstoremember\"><strong>3 Things to Remember When Selling Your Food Truck<\/strong><\/h2>\n<p><b><\/b><\/p>\n<h3 id=\"verify\">Verify the Buyer\u2019s Identity<\/h3>\n<p><b><\/b><br \/>\n<span style=\"font-weight: 400;\">Just as you wouldn\u2019t want to buy a vehicle from an anonymous seller, you wouldn\u2019t want to sell your food truck to someone who wants to stay unseen. A quick way to verify their identity is to ask for their driver\u2019s license and insurance card, especially if they either want to buy the vehicle without even seeing it, or insist that you leave the food truck somewhere &#8211; with the keys! &#8211; long enough for them to test drive it and see its roadworthiness for themselves.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In connection to that, remember that legitimate buyers will want to check out the vehicle, and not just from test driving it. If you\u2019ve bought a used vehicle before, remember the important questions you asked, then pay attention to those the buyer asks about the food truck. It\u2019s true that certain questions might not have occurred to them just then; that alone is harmless and there\u2019s no reason for you to be suspicious.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But what if they neglect to ask important questions on top of offering to buy the food truck immediately, without you even meeting each other, or they\u2019re insisting on an anonymous test drive? Then you may be dealing with a scammer. That\u2019s why it\u2019s especially important that you confirm the buyer\u2019s identity because then the person will think twice about trying to scam you.<\/span><br \/>\n<b><\/b><\/p>\n<h3 id=\"besuspicious\">Be suspicious of buyers offering a swap or trade<\/h3>\n<p><b><\/b><br \/>\n<span style=\"font-weight: 400;\">There\u2019s nothing with offering to trade like for like, such as your food truck for a used sedan or SUV of approximately the same value. If the prospective buyer is suggesting a trade or a swap for a more expensive vehicle, though, be on your guard. That vehicle could have been stolen, or else it\u2019s been written off and is supposed to be salvaged. It could also still have a large amount of money owed on it, or else have a host of mechanical problems that will be expensive to repair.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A variation on this theme is the buyer who says they can only pay for your used food truck in installments, with some extra fees tacked on top \u201cfor interest\u201d, so you\u2019d supposedly end up making more money instead of through a sale where the buyer will pay your asking price outright. In reality, the buyer will never go through with their promise of monthly payments, with or without a downpayment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In short, if that swap or offer seems too good to be true, it very likely is, and you have every right to be wary of the one doing the offering.<\/span><\/p>\n<div class=\"uv-lst\" data-category=\"20\" data-count=\"6\" data-type=\"new\"> <\/div>\n<h3 id=\"bank\">Make sure the buyer agrees to complete the transaction at the bank<\/h3>\n<p><b><\/b><br \/>\n<span style=\"font-weight: 400;\">Specifically, you\u2019ll want to ensure the transaction takes place at the buyer\u2019s bank. Some scammers will try to pay through fake personal or cashier\u2019s checks, so being in a bank makes it easier for you to verify that they have the funds available for the sale to push through.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also, remember not to sign the title to your food truck over to the buyer until payment has been made, and you either have the cash in hand or it\u2019s in your bank account. So if the buyer is reluctant about going to their bank or they want the transfer done immediately after they hand you the check, don\u2019t go through with the sale.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another variation of this and the first scam with the faceless or anonymous buyer is when a buyer will mail a check for far more than your asking price for your food truck. They\u2019ll then tell you the extra money is for shipping the food truck to them, and ask if you can send the money to their shipping service. Victims of this sort of scam will usually gladly wire the money, but they\u2019ll find out a few days later that the check bounced or that it was a fake one.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There is a Paypal variation on the \u201cbad check\u201d scam, with the buyer offering to pay you immediately and they need your Paypal details. After a while, the buyer will message you again saying they\u2019ve already sent the money, and the proof is in your email inbox, where you\u2019ll find an email apparently sent by Paypal stating that the buyer has deposited money in your account. Remember, though, that the only way to verify you\u2019ve received money is by checking your Paypal account yourself, so make sure you do that before you ship the food truck to the buyer.<\/span><br \/>\n<b><\/b><\/p>\n<h2 id=\"takeaway\"><b>Takeaway<\/b><\/h2>\n<p><b><\/b><br \/>\n<span style=\"font-weight: 400;\">It\u2019s clear that you need to be careful when selling any used vehicle, food truck, or otherwise. It may seem tiring or daunting, but that extra effort to verify a buyer\u2019s identity and make sure their money\u2019s as good as their word will save you from the added stress of getting scammed.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you want to push through with selling your food truck online, you can use our platform at <\/span><a href=\"https:\/\/www.usedvending.com\/sell-a-food-truck.htm\"><span style=\"font-weight: 400;\">UsedVending.com<\/span><\/a><span style=\"font-weight: 400;\"> to find legit buyers and enjoy a secured transaction.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And did we forget to mention it? Listing your <\/span><a href=\"https:\/\/www.usedvending.com\/used-mobile-food-trucks\/\"><span style=\"font-weight: 400;\">food truck for sale<\/span><\/a><span style=\"font-weight: 400;\"> here is free! Visit our <\/span><a href=\"https:\/\/www.usedvending.com\/\"><span style=\"font-weight: 400;\">website<\/span><\/a><span style=\"font-weight: 400;\"> today.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As with selling any other vehicle, selling a used food truck can take some time, mostly because of all the things you need to take care of before it can be sold. To be frank, there\u2019s more to this transaction than deciding on an asking price and then listing the [&hellip;]<\/p>\n","protected":false},"author":191,"featured_media":3010,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[4],"tags":[27,939],"class_list":["post-3005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-food-trucks","tag-food-truck","tag-selling-your-food-truck"],"modified_by":"Titus Asher","_links":{"self":[{"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/posts\/3005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/users\/191"}],"replies":[{"embeddable":true,"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/comments?post=3005"}],"version-history":[{"count":1,"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/posts\/3005\/revisions"}],"predecessor-version":[{"id":3015,"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/posts\/3005\/revisions\/3015"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/media\/3010"}],"wp:attachment":[{"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/media?parent=3005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/categories?post=3005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/tags?post=3005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}