I want to buy a car in another state from a private person. Is there a way to put the money in an account that would release it to the seller once the car reaches the buyer? This would give protection to both seller and buyer.
You'll have to do a search on an escrow service. An escrow service will do exactly what you are asking: holding the funds until delivery is confirmed.
We do not recommend one recommended by the other party unless you thoroughly review them. There have been internet scams where the recommended escrow company was a party to the scam.
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