Selling car - worried

shirlgirl2004

Inactive wrote: »

Well I certainly would not even consider meeting someone that has told lies, worksfrom the back of a car wash, with a few grand in my pocket, not even at a bank.

I get the distinct feeling that the " seller " and the " buyer " are going to be changing money, and nothing else.

Sorry I don't understand what you're trying to say

I've emailed the seller and said I wouldn't sell without seeing their licence, but that the passport service normally send documents back quickly so to contact me again when they have it back. I haven't had a reply.

Inactive

shirlgirl2004 wrote: »

Sorry I don't understand what you're trying to say

Have you never heard of people getting mugged?..

bigturnip

Say you will only accept 5k, if they come back and say yes then it's obviously a scam.

jammin_2

shirlgirl2004 wrote: »

I've emailed the seller and said I wouldn't sell without seeing their licence

Why? What would that prove?

anewman

jammin wrote: »

Why? What would that prove?

Their identity

cowbutt

shirlgirl2004 wrote: »

Hi I hope someone can help. I've advertised my car on a free website for £5,500 hoping to get £5k. I have been emailed by someone to say they don't live locally but will give £4k cash unseen (well obviously when they come to get it but not seen before hand).

[snip]

I emailed the potential purchaser and said I would be willing to sell but I would want to see their full driving license (pic and paper parts) and they would be welome to see mine. Afterall how would I know if all the money were fake . I know I have a vivid imagination!

Not an unreasonable fear these day.

But checking a person's identity (even if you were able to perform a full identity check) isn't the same thing as being able to check the notes they're handing over is genuine. Don't be embarassed though, as many organisations make similar mistakes in their security procedures, and they really should know better.

A common recommendation for the situation you describe is to arrange to meet the buyer in a branch of your bank and pay the money in immediately. I'm not sure how the liability would pan out if the cashier credited your account after negligently accepting counterfeit notes (ask them in advance), but I'd imagine that they're better at spotting counterfeits than you or I, given that they have access to equipment to check them with and handle notes far more frequently than other groups of people.

jammin_2

anewman wrote: »

Their identity

So what? I just sold a car. The buyer told me his name was Dean Brazil. That could have been a fake name, or could have been his real name, but I didn't care - and why would I? It's none of my business. I just wanted the money, simple as.

OP, if the buyer is happy to accompany you to the bank, to pay in the bank notes he gives you, and the bank is happy to verify that the notes are legit, there and then, then.. what's the problem?

Inactive

jammin wrote: »

OP, if the buyer is happy to accompany you to the bank, to pay in the bank notes he gives you, and the bank is happy to verify that the notes are legit, there and then, then.. what's the problem?

Could easily get mugged on the way to the bank..

ArsenalFC

I pointed out previously that there is nothing wrong with the buyer's intention; pay cash and go with u to deposit the money and take your car. No need for id, I dont know what the concern is about?

I recently bought a sub £1k car and the seller ask to see my id when we were filling out the paperwork, I told him it's not necessary as I paid by full in cash.

# Mugged to the bank? Then the buyer hold the money until they are in the bank?

Little_John

Personally the deal sounds ok, the buyer is happy to pay cash on collection no problem with that.

My problem is that the seller is happy to take £1500 less than the price it is being advertised for. If the car value is closer to the £5500 then I wouldn't sell it for £4000 to the first person making an offer.

Do not accept a cheque or paypal or anything other than cash.

Start to reconsider the deal if he starts by sending an associate to collect the car, he will pay by cheque that you allow to clear in advanced for more than the value of the purchase and request you give the "change" to the guy collecting the car. you hand over the change and the keys, the cheque is then bounced/cancelled and you loose the car, the change and the value of the cheque.

As for the cash transaction, be aware there some dodgy people about not everyone will rip you off but there are some that will. Remember there is £8000 in this transaction the car and the cash if 1 person walks away with both they are happy. So have someone else with you to make the exchange.

A step by step guide to the safest way of doing this.
Meet at your choice of location, your home is always good.
get the cash and take it with you on the Test drive if the buyer wants. Only give the buyer 1 key for the test drive don't bunch all the keys together and had them all over, you may not get them all back, they return during the night and take the car with the key.
after the buyer has driven the car get the key back
If buyer is happy you drive to your bank and have them verify the cash and pay it in to your account.
hand over the keys
You fill in the V5 and both sign it then YOU post it to the DVLA