Cash is king?...

Belenus

Please tell me that she banks the cash and doesn't have £10,000 in notes.

shinytop

Put the money in the bank and pay by debit card or bank transfer on your single trip. That will work for private and trade sellers.  Nobody wants a large wad of notes any more. 

AdrianC

maxmycardagain said:

Buyer can find cars but not locally, i can take her on one trip to view/buy but hell am i wasting 2 days/600+ miles on it

Coming next: "I bought a car, it's got a problem, the seller's 200 miles away... do I REALLY have to take it back to them?"

And, yes, just pay the flippin' cash into the flippin' bank.

happyc84

Try to source the car locally, less distance to travel when/if things go wrong. Is the planned car difficult to find locally?

David713

AdrianC said:

And, yes, just pay the flippin' cash into the flippin' bank.

The only problem with doing that is that paying in such a large amount of cash might well end up triggering money laundering checks, especially if no similarly large amounts have ever been paid in before and in the worst case, could see the account frozen for a while.
Even if it's broken down in to smaller amounts, multiple cash deposits over a relatively short period might have the same effect.

I know it might not happen but it's worth thinking about.

maxmycardagain

David713 said:

AdrianC said:

And, yes, just pay the flippin' cash into the flippin' bank.

The only problem with doing that is that paying in such a large amount of cash might well end up triggering money laundering checks, especially if no similarly large amounts have ever been paid in before and in the worst case, could see the account frozen for a while.
Even if it's broken down in to smaller amounts, multiple cash deposits over a relatively short period might have the same effect.

I know it might not happen but it's worth thinking about.

Plus..........its a trip into town to bank it, then drive 150 miles each way to view, then the same to collect

jeez

maxmycardagain

We drove just 15 miles (30 round trip) 3 times to view 4 cars at the same (premier) car sales site...
1 drove like crap (no turbo boost) , 2nd had electrical issues (windows opened by themselves) and the 3rd had the wrong glass in the N/S door mirror rendering it unuseable...
didnt bother with the 4th
 

maxmycardagain

so......
Wanted, 2017/2017 VW Passat, cash waiting...lol

AdrianC

David713 said:

AdrianC said:

And, yes, just pay the flippin' cash into the flippin' bank.

The only problem with doing that is that paying in such a large amount of cash might well end up triggering money laundering checks, especially if no similarly large amounts have ever been paid in before and in the worst case, could see the account frozen for a while.
Even if it's broken down in to smaller amounts, multiple cash deposits over a relatively short period might have the same effect.

I know it might not happen but it's worth thinking about.

True, there is that remote possibility.
But the money-laundering checks are going to have to be done some time.

Which is likely to be less onerous? Your bank who've already completed all the AML KYC on you, or Joe Random used-car-dealer?

This is, of course, a situation entirely of the cash-hoarder's own making.

maxmycardagain said:

Plus..........its a trip into town to bank it

You know you can pay in to any bank over the counter at any post office, right?

maxmycardagain

i bought my own car cash at a dealers, not quite as much, they had a note counting machine...