Paying for an ebay car

OhhEnnEmm

Yeah I reckon it should be okay. eBay covers a lot of that stuff.

stripeyfox

tacpot12 wrote: »

If you want to do it via an ATM or in a branch without notice, the daily limit is generally £500. With notice the daily limit is £10,000.

See https://www.nationwide.co.uk/support/support-articles/manage-your-account/atm-and-branch-withdrawal-limits

I would think carefully about taking more than £500 in cash. You could be mugged for the money. I would get a friend or relative to drive me and leave the money somewhere in the car until you know the deal is going ahead and you are not forced to hand over the money.

Many years ago whilst working for a small company, one of the owners decided to buy a used van from some "dealer" in Manchester. It was agreed to pay £17,000 in cash (not mine I hasten to add).

Was actually not easy to withdraw that amount of money from the bank. Had to visit four branches in order to get it all!

My colleague and I drove up to collect it and stopped for a coffee on the way. Took the bag with £17000 in it with us and when we got back to the car realised it was missing. Went back to the service station and it was still sat there next to our table! Phew!

foxy-stoat

OhhEnnEmm wrote: »

Yeah I reckon it should be okay. eBay covers a lot of that stuff.

Ebay protection is exactly zero for cars.

lopsyfa

I'll also second not paying before you see the car except if you are happy to lose the money. I'll also do an HPI check except for banger territory car.

thomasca

Been a long time eBay user who has purchased several cars here is my advice.


Don't pay via PayPal or bank transfer.


Try pay by cheque or cash when you go to pickup the car. Also bring someone else along that knows a thing or two about cars to look it over and witness the transaction. If you are happy with it get a proper receipt from the seller and check there drivers license to make sure they are who they say they are etc.


If there is anything off about the whole thing just walk away.

Scrapit

sevenhills wrote: »

I have spoken to her, she wants cash; she is 72 I think she said, car tax is registered for disabled.
She sounded genuine, but maybe I can do some checks?

How much do banks allow you, I am with Nationwide, but no branch in my town.

The car won't be taxed when you buy it.

foxy-stoat

thomasca wrote: »

Try pay by cheque

Don't do that, unless you want to wait for 3-5 days for it to clear.

foxy-stoat

Scrapit wrote: »

The car won't be taxed when you buy it.

That has been the way for a while now.

sevenhills

foxy-stoat wrote: »

That has been the way for a while now.

I will tax and insure when I get there on Saturday morning. She has the V5 log book and all the checks came back ok, to the cash will be kept in a safe place for a few days.
Getting the train down, I will stuff it inside my shirt, then I cannot lose it.
My own insurance only has a month to run, not sure whether to just take out a new policy.

a.turner

sevenhills wrote: »

I will tax and insure when I get there on Saturday morning. She has the V5 log book and all the checks came back ok, to the cash will be kept in a safe place for a few days.
Getting the train down, I will stuff it inside my shirt, then I cannot lose it.
My own insurance only has a month to run, not sure whether to just take out a new policy.

What about your no claims bonus? Not everyone will let you use/mirror it on a second policy.