? For those who have recently bought or sold a vehicle

Steve welder said
Is this Venmo I hear so much about safe?

I wouldn't use it for large transactions with strangers.

CudaChick1968 said
Venmo is a division of Paypal where funds are exchanged but no fees accompany the transfer. There is little or no buyer protection.
It's more for situations where you go to lunch with à few friends, one person pays the bill and the others pay you via your phone number through Venmo for their food.
It's convenient if you know who you're dealing with can be trusted but I personally wouldn't accept it for a large purchase.

@CudaChick1968 is right. And to piggyback on that, for tax season 2023, you'll receive a 1099-K if you have $600 or more in revenue through PayPal, Venmo, and I think Zelle as well.

jomoper said
Curious what forms of payment y’all might be using these days. Since I’ll be parting with my car in the near future.
Would like to hear everyone’s experiences good or bad about modern forms of payment other than cash.

I sell more machines than I do cars, but the concept is the same. Large transactions are CASH transactions and I usually draw up a bill of sale and include my terms -- "as-is," "no warranty," whatever the situation calls for. Just be aware that Hollywood "prop" money is out there and looks pretty damn real if you don't take your time. It would be easy for someone to slip in a couple $100s and when you're counting a stack of 40 of them, could be easy to miss.

$10,000 Full Print New Series Prop Money Stack