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  • FIRST POST
    • AdventureRocks
    • By AdventureRocks 14th Oct 16, 7:12 PM
    • 129Posts
    • 10Thanks
    AdventureRocks
    What is the best way to pay for a private car sale?
    • #1
    • 14th Oct 16, 7:12 PM
    What is the best way to pay for a private car sale? 14th Oct 16 at 7:12 PM
    How is it best to pay 3k to a private seller for a car? Bank transfer with online banking? Bankers draft?
Page 1
    • BeenThroughItAll
    • By BeenThroughItAll 14th Oct 16, 7:18 PM
    • 4,651 Posts
    • 4,069 Thanks
    BeenThroughItAll
    • #2
    • 14th Oct 16, 7:18 PM
    • #2
    • 14th Oct 16, 7:18 PM
    How is it best to pay 3k to a private seller for a car? Bank transfer with online banking? Bankers draft?
    Originally posted by AdventureRocks
    Faster Payments transfer or cash. As a seller I won't take anything else, as a banker's draft requires me to physically visit the bank to access the money and the nearest branch to me is 25mi away.
    • AdventureRocks
    • By AdventureRocks 14th Oct 16, 7:30 PM
    • 129 Posts
    • 10 Thanks
    AdventureRocks
    • #3
    • 14th Oct 16, 7:30 PM
    • #3
    • 14th Oct 16, 7:30 PM
    Faster Payments transfer or cash. As a seller I won't take anything else, as a banker's draft requires me to physically visit the bank to access the money and the nearest branch to me is 25mi away.
    Originally posted by BeenThroughItAll
    Thanks i am unfamiliar with this stuff.

    If i was buying from you what would happen next does a bit of the V5 get ripped off buy the seller and sent to DVLA and they give me the V5 document ?

    I just then need to tax and insure before driving away ?
    • BeenThroughItAll
    • By BeenThroughItAll 14th Oct 16, 8:00 PM
    • 4,651 Posts
    • 4,069 Thanks
    BeenThroughItAll
    • #4
    • 14th Oct 16, 8:00 PM
    • #4
    • 14th Oct 16, 8:00 PM
    Thanks i am unfamiliar with this stuff.

    If i was buying from you what would happen next does a bit of the V5 get ripped off buy the seller and sent to DVLA and they give me the V5 document ?

    I just then need to tax and insure before driving away ?
    Originally posted by AdventureRocks
    You will need to fill in the main section of the V5 with your details as the new keeper, and the seller needs to post it off to DVLA. You should be given the green part of the V5 document, called the V5C/2. The document reference number on the green slip MUST be the one you use to tax the vehicle either online, by phone or at post office. Do NOT use the reference number off the main part of the V5.
    • loskie
    • By loskie 15th Oct 16, 9:13 AM
    • 1,187 Posts
    • 712 Thanks
    loskie
    • #5
    • 15th Oct 16, 9:13 AM
    • #5
    • 15th Oct 16, 9:13 AM
    for that amount cash or bacs
    • neilmcl
    • By neilmcl 15th Oct 16, 10:43 AM
    • 10,423 Posts
    • 7,356 Thanks
    neilmcl
    • #6
    • 15th Oct 16, 10:43 AM
    • #6
    • 15th Oct 16, 10:43 AM
    At that amount I'd probably use cash as well.
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