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Selling Car to dealer, seems a bit strange ?

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curtlyb
curtlyb Posts: 676 Forumite
Part of the Furniture 500 Posts Combo Breaker
edited 21 May 2011 at 7:23PM in Motoring
I'd like a bit of advice....
«1

Comments

  • spiro
    spiro Posts: 6,405 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    So how is he going to pay you at that time of night?
    IT Consultant in the utilities industry specialising in the retail electricity market.

    4 Credit Card and 1 Loan PPI claims settled for £26k, 1 rejected (Opus).
  • curtlyb
    curtlyb Posts: 676 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    says HSBC 'faster payment' :undecided which should transfer pretty much straight away
  • maninthestreet
    maninthestreet Posts: 16,127 Forumite
    Part of the Furniture
    I would refuse to deal with him unless it is at his business premises - how do you know this guy actually works for the dealership he claims he does?
    "You were only supposed to blow the bl**dy doors off!!"
  • no to faxing the V5. NO to taking to his house. if he's a trader the number plate will be sufficiant in obtaining a HPI check for finance etc.

    has he laid a deposit on it so you know he's genuinly interested in buying it?

    plus the aim of putting that site is to sell to a trader dealer on their premises, and have a buisiness check/balance transfurr given to you and everything put on headed paper, how are you going to get this with taking it half way accross the country to his house.

    i would cut the deal dead and readvertise, sound like a right messer.
  • spiro
    spiro Posts: 6,405 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    curtlyb wrote: »
    says HSBC 'faster payment' :undecided which should transfer pretty much straight away
    At 6pm in the evening? How are you going to check it when your outside his house. If he wantr its you either go in business hours to his place or he comes to your house. I have a friend whose a dealer and when buying for cash (bank transfer) he will not buy from you if he is not outside the address on the V5 and you have access to the house. This helps him avoid buying stolen/cloned cars.
    IT Consultant in the utilities industry specialising in the retail electricity market.

    4 Credit Card and 1 Loan PPI claims settled for £26k, 1 rejected (Opus).
  • NeverAgain_2
    NeverAgain_2 Posts: 1,796 Forumite
    Isn't their a £5K limit on 'faster payments'?

    Deal doesn't sound right to me.

    Nothing to stop you posting his business address on here - one of us might have dealt with him in the past, or be able to take a look.
  • davidjwest
    davidjwest Posts: 756 Forumite
    NeverAgain wrote: »
    Isn't their a £5K limit on 'faster payments'?

    Deal doesn't sound right to me.

    Nothing to stop you posting his business address on here - one of us might have dealt with him in the past, or be able to take a look.

    The limit for Faster Payments is £10k with HSBC, but if he's using a business/corporate account it will be £100k.

    http://www.ukpayments.org.uk/faster_payments_service/value_limits/

    However, faster payments can take up to two hours to arrive and even longer depending on who you bank with.

    You could check by telephoning your bank if they offer such a service or internet banking if you can do that from your mobile, but it does sound a bit dubious to me!
    :A
  • Strider590
    Strider590 Posts: 11,874 Forumite
    “I may not agree with you, but I will defend to the death your right to make an a** of yourself.”

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  • thenudeone
    thenudeone Posts: 4,462 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    curtlyb wrote: »
    says HSBC 'faster payment' :undecided which should transfer pretty much straight away

    You can't guarantee a faster payment will arrive within a few minutes.
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    The earth needs us for nothing.
    The earth does not belong to us.
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  • atrixblue.-MFR-.
    atrixblue.-MFR-. Posts: 6,887 Forumite
    i wouldnt deal readvertise and tell them sorry but no can do on delivery.
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