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Selling used car online, pitfalls?

2

Comments

  • harveybobbles
    harveybobbles Posts: 8,973 Forumite
    What online site?
  • Parisien
    Parisien Posts: 930 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Autotrader.

    Did a bit of a search on buyer, a real person, home address and other info found, none suspicious
  • harveybobbles
    harveybobbles Posts: 8,973 Forumite
    Get them to collect the car and pay you in cash.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 12 June 2015 at 7:33AM
    I too would be suspicious, but if the buyer is paying by bank transfer, then they're the one taking the risk, not the OP. Once payment arrives, it cannot be reversed, so do not release the vehicle until it is there.
    If at the last minute the buyer wants to use a banker's draft, tell them the deal is off. Do not commence delivery until the money is in your account.
    No free lunch, and no free laptop ;)
  • Parisien
    Parisien Posts: 930 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Money already in my account, spoke to my bank, it can't be taken out without my permission, plus the other details above re-assure me, thanks for the feedback forum!
  • RS2000.
    RS2000. Posts: 696 Forumite
    Parisien wrote: »
    Money already in my account, spoke to my bank, it can't be taken out without my permission, plus the other details above re-assure me, thanks for the feedback forum!

    Wait until the othe account holder reports a fraud once the car is handed over and watch the money disappear.
  • harveybobbles
    harveybobbles Posts: 8,973 Forumite
    What if the buyer is unhappy with the car?
  • Parisien
    Parisien Posts: 930 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    We had the discussion, hes seen lots of photos, got all paperwork, we agreed a price after negotiation ergo hes aware of its little defects, have an email with that agreement on it, how can it be a fraud?

    Is any 2nd hand car ever perfect?
  • laidbackgjr
    laidbackgjr Posts: 554 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Parisien wrote: »
    how can it be a fraud?

    They will have paid with someone else's bank account! That's why it's fraud and in the case of fraud the money will be removed from your bank account.
  • Parisien
    Parisien Posts: 930 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Ok, so I need to do what now to check? Or other things to consider to be sure its from them?
This discussion has been closed.
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