Selling a 5K car on a raffle?

MalMonroe

mjm3346 said:

Lotteries (which includes raffles, sweepstakes and some competitions)  in Great Britain can only be promoted for charities and other good causes. They cannot be promoted for private or commercial gain. 

No doubt there is plenty of info on the Gambling Commission website (if it's for gain then offering a free entry route is generally a requirement to avoid the need for some of the regulations because that can mean it doesn't get counted as a lottery - that's why ITV etc offer free postal entry)

https://www.gamblingcommission.gov.uk/for-the-public/Fundraising-and-promotions/Advertising-and-promoting.aspx

from one of the sites that offer watches cash etc

To be eligible to enter the Competition for free, you MUST have an active User account registered with us first. Thereafter send your: Full name, Address, DOB, Email address, contact phone number (including area code if providing a landline number). These details must match the details we hold on your User account to enable us to apply the entry.

"Lotteries (which includes raffles, sweepstakes and some competitions)  in Great Britain can only be promoted for charities and other good causes. They cannot be promoted for private or commercial gain."

That is not true. With companies like Raffall, you can hold raffles for personal gain 
https://raffall.com/featured-raffles/live

People have done this and a family recently raffled their home and car so they could raise funds to emigrate to Australia. No need to go on any gambling website. It's a fact.

MalMonroe

briniuk said:

Instead of selling my car the conventional way Id like to sell it on a raffle through facebook or other media, does anyone have any legalities regarding this?

Try companies like this : https://raffall.com/featured-raffles/live

A family recently raffled their home and car (won by another family of 5) because they were going to Australia. They raffled it for personal gain. I'm not sure if they also donated to any charity but they have now left for Oz so it worked for them.

Ignore the naysayers and do it! Good luck.

mjm3346

MalMonroe said:
"Lotteries (which includes raffles, sweepstakes and some competitions)  in Great Britain can only be promoted for charities and other good causes. They cannot be promoted for private or commercial gain."

That is not true. With companies like Raffall, you can hold raffles for personal gain 
https://raffall.com/featured-raffles/live

People have done this and a family recently raffled their home and car so they could raise funds to emigrate to Australia. No need to go on any gambling website. It's a fact.

Wrong  it is true (best to actually check the Law as quoted) it is not a considered a lottery (raffle) because they use the "question" method to cover the gambling regulations, rather than offering free entry (ITV etc) or having a skill element (spot the ball etc) involved"

1. Although the term ‘raffle’ is often referred to on our website, this is for marketing and SEO purposes only and due to the fact that each entrant is required to answer a question or puzzle upon entering, all competitions hosted on our platform are therefore legally considered ‘Prize Competitions’ and not raffles;"

[Deleted User]

How are you going to take all these thousands of small payments? The obvious two methods would more than likely be a bank transfer or Paypal payments.  (Unless your going to sell in person?)

I saw a lot of people do these sorts of raffles on Facebook a few years back with stories to follow regarding their bank /PayPal accounts been suspended or closed because of thousands of transactions that were deemed suspicious and looked like unusual activity. 

Barry_Bear

If you need to collect entrants names, addresses and contact details you need to be aware of GDPR and may have to register under the Data Protection Act.