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bet way to accept payment for a car

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I have just agreed a sale of my old car on ebay. I asked for payment as cash on collection.  I was just wondering is this the best way for payment.  Dont really want paypal as they will charge me ( in addition to the selling costs on ebay)  Just worried in case the cash was for lack of a better word "dodgy" as it is an individual, not a business, but I dont like the thought of giving out bank details for a bank transfer   (I am a 64 year old lady and not used to doing this sort of thing) Any advise is welcome.

Comments

  • lesalanos
    lesalanos Posts: 863 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 24 September 2020 at 9:50PM
    I would get them to do a bank transfer.  It's safe enough 
  • Herzlos
    Herzlos Posts: 15,879 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    How much did it sell for?
    If it's hundreds, then cash is easiest, you can buy a counterfeit detector pen.
    If it's more than that, bank transfer is probably safer. You'd need to either do online banking which may take a while, or see if they can meet you at a bank and make the payment in the branch.
  • Try Ladbrokes
  • Sandtree
    Sandtree Posts: 10,628 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    Your bank details are printed on cheques so you have given them out many times probably without thinking much about it.
    Wonder if younger members even know what cheques are... after too much USA tv probably think you mean the bill in a restaurant 
  • Thanks everyone - told him I would accept a bank transfer.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Do the handover on a weekday so that you know the transfer will go through straight away via Faster Payments. Don't release the keys or the V5C/2 slip until it shows in your account.
    No free lunch, and no free laptop ;)
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