car trader posing as private buyer

Yorkie1

One point to note here - when you send the documentation to DVLA, first take a copy of it, and secondly send it recorded delivery - get proof of delivery, and retain.

Joe_Horner

psychic_teabag wrote: »

Of course, he might then renege if doing it on the books reduces his profit margins. He'd presumably have to offer some kind of gaurantee when he sells it on, for example. (And he'll probably ask for the deposit back. And being a coward, I'll probably give it to him - he knows where I live, after all :-( )

If he does that then you're better off not selling to him anyway because the chance of aggravation (and possible costs) from the papers not getting sorted would be more than the sale's worth!

You'll always find another buyer faster than you'll get DVLA and their debt-collecting stooges off you case

arcon5

It could simply be if you know he's a trader you may decide since he is interested you may be able to get a better price for the car to a private customer

forgotmyname

If a trader is buying your car, You either underpriced it or he has a buyer waiting for that exact model/colour/engine etc.

psychic_teabag

Yeah, I appreciate that I'm not getting as much as I probably could for the car. But I'm getting a little more than the straight-forward option of trading it in, so I'm (mostly) happy. Yeah, I know trading-in is the worst possible deal. But I'm lazy. I value avoiding hassle quite highly. (Even at the expense of money-saving...)

Which is a bit ironic since all this is causing a bit of stress. Didn't let him drive on the test drive since he didn't bring insurance. Wondering what's going to happen if he turns up on delivery day still without insurance (since he might not want to show me his insurance if it's in a trading name), but demanding to drive it himself. If he does have insurance, it's presumably only going to be third-party. What if he prangs it ? Arghhh...

If I'd know when agreeing the price that he was a trader, I'd probably not have let him haggle me down so far. He presented himself as a private buyer, and I'll fall for any old sob story. (Of course I still don't know for sure he's a trader.)

But anyway, if the paperwork isn't done right, the deal is definitely off. No question about that.

peter_the_piper

Don't know if its any help but some showrooms are doing £2000 scrappage on certain new cars, old car over 7 yrs.in the case of Birchwoods. Used them for a £2k on a N reg Daihatsu worth low hundreds.

forgotmyname

Maybe a good deal if they had not inflated the price by £2001 2 weeks ago.

Probably tons of posts pointing out the price issues of buying with and without the last scrappage scheme.

Why does a car that cost £7000 OTR now get listed at £9500 OTR, Because we are giving you £2000 for any wreck you can get to us.
£500 to cover the cost of dispposing of the wrecks.