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selling car safely

  • 16-02-2009 9:32pm
    #1
    philmcn
    Closed Accounts Posts: 20 ✭


    I'm planning on selling my car for around 18 to 20K.

    I'd like your advice on the the best way to get the money from the seller in a safe way, without being scammed.

    If I get the money in cash (unlikely) and I put it my account, its probably the safest way.

    How about getting a bank draft? I need to know the draft isn't a fake. If I try to cash it before handing over the keys, is this a foolproof way of not getting caught out?

    A cheque, made out to me, will take several days to clear. The buyer is from another county (not country)

    Also, what documents are required to sell the car legally. I have all the documents.

    Any ideas?


Comments

  • #2
    carface
    Registered Users, Registered Users 2 Posts: 110 ✭✭carface


    Simply meet your buyer during banking hours,forget about handling that amount of cash. get a bank draft/cheque and if in an way doubtfull hold on to your vlc untill cheque clears.

    all the best


  • #3
    rebel.ranter
    Registered Users, Registered Users 2 Posts: 3,570 ✭✭✭rebel.ranter


    What about doing a direct bank transfer? I did that 8 years ago. Buyer transferred the funds directly from his account to mine.

    Don't hand over car until you are sure you have the money.


  • #4
    Dermo123
    Registered Users, Registered Users 2 Posts: 384 ✭✭Dermo123


    I dont know what you are trying to sell but I would be more worried about getting a punter to agree to handing over 18 to 20K than how the mechanics of it given the times we have now. I hope your plans work out for you.


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