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Escrow

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  • TradePro
    TradePro Posts: 652 Forumite
    accadacca wrote: »
    Its the right bike at the right price

    Just out of interest, are these bikes normally £12k, £15k, £20k even?

    Almost certainly a scam if so.
    And that my son, is how to waft a towel!
  • thenudeone
    thenudeone Posts: 4,462 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    There are many fake escrow sites about and no easy solution.

    I would not want a stranger knowing that I would be turning up at an address they specify having £9k in cash on me.

    Arrange with your bank to pick up £9k cash from a branch near the seller.

    Drive there in a van (or get a train) and check the bike and documents over.

    When you're happy, ask the seller to ride the bike to the bank. Then withdraw the cash and get the seller to sign a receipt and hand over the keys and documents whilst in the bank. If it's a genuine seller they will understand the concerns.
    We need the earth for food, water, and shelter.
    The earth needs us for nothing.
    The earth does not belong to us.
    We belong to the Earth
  • Thanks for all the advice. I ended up flying there with cash in hand. The seller was 100% genuine he even picked me up from the airport.
    The bike is like new I rode it back over 2 days and have never been as wet and cold! But at least I didnt loose my dosh to an escrow scam.
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