Anyone have any tips or advice on selling vehicles to individuals? I have a potential buyer meeting me today to test drive the vehicle. He claims he's going to leave a deposit to hold the truck, while his bank wraps up his loan. I've never sold a vehicle to a individual, so I'm not sure what the proper protocol is. Is there a specific amount is should require for a 'holding' deposit? Sell price is $20k. Anything else I should take into consideration? Thanks!
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