Selling a high-value car

castle96

years ago I sold a car and checked that the cheque had 'cleared' - "YES", but it hadn't cleared through both banks.
Don't take a personal cheque

Shielder

No, first direct, and a couple of others have changed their Ts&Cs to say that if an electronic transfer is incorrect, then they will remove the funds erroneously deposited.

The onus is on the transferer to prove that they got it wrong however. I heard this on Paul Lewis on R4 last week.

As for the OP, go with the dealer. If your dad had a good relationship with them, then they are more likely to give you a good price.

marlot

People spending 37k on a car tend to go to a dealer.

My brother in law used to buy cars in Germany when he was posted there, and sell them to the relevant dealer in the UK on his return. Never seemed to have any trouble getting them to buy.

James_B.

lovinituk wrote: »

£37000 would be too high for most daily (personal) instant bank transfer limits wouldn't it? It would likely end up taking 3 days for the funds to clear.

I sold a car last year, and the buyer just transferred £74k in no problem. I think it was a personal account that it was coming from.

I paid £50k on my debit card a few years back for one, and that just went straight through too. The bank told me afterwards that they'd not query anything under £100k on it, which surprised me.

cootuk

tbh as executor I wouldn't even try a private sale given the amount of fraud around. Tout it to a few businesses and take the best offer.
I guess you would need a few quotes to prove you got best value.

blackshirtuk

Any chance one of the beneficiaries might want it assuming their share of the proceeds is enough to cover the value of the car?

Saves you the hassle of selling it, we did this with my fathers car, with my brother in law having it and my sisters share reduced accordingly. Granted it was only worth £10k .

P700

I bought a car on e-bay for £18K based on auction. Got details from vendor and checked etc. Arrange to collect and got a lift there. He took me for a test drive to local town where I had arranged for the funds to be collected. He witnessed the bank hand over the cash , we signed the documents in the branch and I gave him a lift home. All sorted

61 plate Range Rover try the dealers , most buyers want a warranty for that type of vehicle. If you sell privately try e-bay, set a high value with best offer, it's worked well for me in the past. You will have to take care regarding the payment method as you are likely to be offered cash !

toohairyhusky

Thank you for all the advice and also the kind words.

I went back to WBAC yesterday and they've dropped it to £33,995! Oh the joys.

So I will try my local Land Rover garage where I took it for its service and first MOT back in August. I will also try the one that he bought it from - as he swapped cars every year I dare say they will remember him!

My mum & I are the only ones left - she doesn't drive and I have an inbuilt phobia of automatics!!! If it was manual I'd have considered playing lady of the manor for a few months but I think my 12 year old Landcruiser really is more up my street. I'm thinking of part exchanging it for an Aga...

Seriously though - thank you. x