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Ebay sale, cash on collection

I sold 4 car wheels, large off-road ones, on ebay for £380. I've been communicating with the buyer via email and he seems genuine. He has supplied a home phone number, mobile number and I have an address from the ebay invoice.

We are organising a time and place to hand over the wheels and it's probably going to be cash on collection. (I won't accept PayPal and have said funds need to clear before goods can be released.)

Does anyone have any advice on how I should tackle the subject of counterfeit notes? I don't want to take £380 and have some of them turn out to be fake when I come to deposit the money.
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Comments

  • withabix
    withabix Posts: 9,508 Forumite
    Counterfeit notes are rather unlikely! Fake bank drafts are the usual way for fraudsters to buy things and they wouldn't tend to bother for such a low value purchase!!

    Make a note of his vehicle registration number if you're concerned.

    After all, you've got a home phone number and an address as well.
    British Ex-pat in British Columbia!
  • Just be careful if they're Scottish notes - there are a lot of extremely good Clydesdale Bank £20 forgeries around in London at the moment and a lot of corner shops etc. have stopped taking them temporarily.

    Caroline
  • Sponge wrote:
    Does anyone have any advice on how I should tackle the subject of counterfeit notes? I don't want to take £380 and have some of them turn out to be fake when I come to deposit the money.
    Arrange to meet the buyer in a branch of your bank and immediately pay the money into your account. The bank teller will very quickly spot any counterfeit notes.
    Philip
  • slowen
    slowen Posts: 2,795 Forumite
    1,000 Posts Combo Breaker
    Make sure you get the buyer to sign the invoice or auction page to confirm they have got the goods in case they try and do a claim through ebay so you have proof that the sale has gone through
  • advent1122
    advent1122 Posts: 1,403 Forumite
    Make sure you get the buyer to sign the invoice or auction page to confirm they have got the goods in case they try and do a claim through ebay so you have proof that the sale has gone through

    That does not mean diddly squat to Ebay.
    If he is paying in cash then he will not be protected under Ebays protection scheme.
    I have had lots of callers paying in cash and it is much easier than paypal, no chargebacks and no fees to pay.
    Luvvly Jubbly
  • Mado
    Mado Posts: 21,776 Forumite
    I've been Money Tipped!
    Maybe I am naive but I assume that most people are nice and decent.
    If he has some positive rating, contact details and so on I would just trust him.
    I just bought an item in cash on collection (was only £130!) but would have been horrified if the seller had examined every note with a magnifying glass!!!!!
    I lost my job as a cricket commentator for saying “I don’t want to bore you with the details”.Milton Jones
  • rdwarr
    rdwarr Posts: 6,159 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    It's unlikely that any crook would go to all this trouble to pay with forged notes (which are much rarer than people imagine). If the home phone number tallies with the address that would be good enough for me.
    I took a cash payment of over £700 last night based on the same "security".

    If I were a crook and I wanted some shiny new wheels I'd just nick a car that had them.
    Can I help?
  • angelcake
    angelcake Posts: 4,496 Forumite
    Arrange to meet the buyer in a branch of your bank and immediately pay the money into your account. The bank teller will very quickly spot any counterfeit notes.

    You can't get better advise than that!! Best way I reckon! :)
    :p:p Angel :p:p
  • Sponge
    Sponge Posts: 834 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Thanks for all the good advice. I'm sure I've nothing to be worried about.

    The wife of the buyer is coming to collect them tomorrow morning and I'm sure everything will be ok. Having said that, she's coming alone (I guess I'll have to load them myself) and she's coming in a rather small car. I have doubts that all four wheels will actually fit into it! (No trailer.)

    I'm now wondering if I should insist on full payment, even if she can only take two of them and has to come back another day.

    I was also wondering about the Ebay fees. I guess if I was so inclined, I could take the cash and then withdraw the auction somehow, as long as it doesn't effecting either me or the buyer...
  • angelcake
    angelcake Posts: 4,496 Forumite
    You will still have to pay fees!!

    as long as the car is balanced out with the weight it should be ok!! ...heck you may as well fit them for her!! lol
    :p:p Angel :p:p
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