People "raffling" their cars instead of selling

LawlessBoy

As the title suggest what do you guys think of this?

Seeming like a more common thing across Facebook buy and sell groups. People are raffling their cars to people with usually 45 tickets going by the lotto bonus number. Tickets or numbers obviously varying in price depending on the car. I think it is a pretty smart idea to get the price you want for a car but reckon it could all go pretty badly for the seller if something was to happen.

What do people think about it all?

colm_mcm

You need a Garda permit.
Personally I'd never spend €50-100 on a raffle to win a car, too easy fior it to be a scam.

Greenmachine

Technically illegal. You need a gaming license to do that as far as I am aware, unless, it is limited to a members only draw. A facebook group is not incorporated and likely will not meet any legal requirements.

LawlessBoy

Had a feeling was just curious about it all. See one almost every week across various groups

Stinicker

Only boy racers buy and sell cars on Facebook, anything that causes them to lose is welcome by me.

bazz26

So what happens if all the tickets are not sold? Do you get your money back?

LawlessBoy

Assume so or don't pay until they're all claimed?

Gumbo

Stinicker wrote: »

Only boy racers buy and sell cars on Facebook, anything that causes them to lose is welcome by me.

I sold my skoda on FB.

bazz26 wrote: »

So what happens if all the tickets are not sold? Do you get your money back?

Seemly, people enter themselves and pick a number all piblically on the thread. When all numbers taken, people pay up. Lotto draw happens and the winner gets the car. I'm sure it's not as easy as that in real life though so maybe some complications and time wasters along the way to deal with.

Hachiko

watchin too much father ted.

Noccy_Mondy

Seen one there today. Fella is selling 45 tickets at 250 each, has most of them sold. Raffling an 08 audi a4 sline in white. Work out the above maths, he will make over 11k or something on it. He had a post up today telling people how to pay and they have to have paid by x day and only when he gets all the money will he raffle it. Fair enough, but the manner it was said screamed dodge all over it.

Flood

It is Facebook and he is dealing with donkeys so some outrage to potential timewasters would be normal.

cerastes

What if there is no car? Or none for sale or raffle, this is a chunk of change to throw down on a raffle, what are the odds? Its still 50:50, you may win or not, maybe its the probability r likelihood of winning that needs to be considered?

If I want or need a car, I'll go for that car or type. Throwing around a chunk of change to maybe win a car is great if you win but its a lot of money for no return for the majority that don't.
This sounds like it could be scammed easily, even if everyone picks their numbers on FB,while the seller of the tickets may be long gone with the money.

ironclaw

cerastes wrote: »

What if there is no car? Or none for sale or raffle, this is a chunk of change to throw down on a raffle, what are the odds? Its still 50:50, you may win or not, maybe its the probability r likelihood of winning that needs to be considered?

Its not 50:50. Its the number of tickets you hold divided by the number of tickets total. So if you have 5 tickets from a 250 ticket pool, your odds of winning stand at (5/250) = 2%. Which is significantly higher than the Lotto or Euromillions :pac:

I actually don't think its a bad way to sell a car all told but its so wide open to abuse and scams, I'd never be interested. Certainly going by the 'standards' on some Buy&Sell Groups on fb, its extremely concerning how gullible some people are.

Riskymove

I remember someone deciding to raffle their house a few years ago, made the news.

Joeface

Would be an interesting way to go , Third party Garage offers warranty and Raffles car for owner , Owner what he wants with a pre negotiated deal on what the garage gets from Raffling the car . and the buyer/winner gets a car very cheap

would remove some of the dodgy feelings out of it .....some

UnknownSpecies

What about this one though. Doesn't look sketchy at all.

ironclaw

dorgasm wrote: »

What about this one though. Doesn't look sketchy at all.

:eek:

Jay-sus.

celica00

In general I think it's a great idea BUT only for dealers, companies etc.

As it was mentioned, it is not legal and probably causes too much hassle, especially with so much scam going on these days

cerastes

ironclaw wrote: »

Its not 50:50. Its the number of tickets you hold divided by the number of tickets total. So if you have 5 tickets from a 250 ticket pool, your odds of winning stand at (5/250) = 2%. Which is significantly higher than the Lotto or Euromillions :pac:

I actually don't think its a bad way to sell a car all told but its so wide open to abuse and scams, I'd never be interested. Certainly going by the 'standards' on some Buy&Sell Groups on fb, its extremely concerning how gullible some people are.

So a 98% chance of not winning, I'll keep my €250 euro or whatever it is they are asking.

For Forks Sake

dorgasm wrote: »

What about this one though. Doesn't look sketchy at all.

To enter the draw, please answer the following question of skill:

What Car Manufacturer makes the "Focus"

A) Ford

or

BMW

http://www.supercardraw.com/terms/termsandconditions.html

#5. This competition is a test of skill and not a lottery draw.

Focking clowns. Also states that the draw will not take place until there are 4500 entries (@€;50 a go : €225000 raked in)

Red Kev

You need a permit off the Gardai, has to be given by a Sergeant or higher IIRC.
Max value of prize or prizes can't exceed €5,000. If it goes over that its the District Court.

They are easy to get if it's all kosher.

Del2005

Joeface wrote: »

Would be an interesting way to go , Third party Garage offers warranty and Raffles car for owner , Owner what he wants with a pre negotiated deal on what the garage gets from Raffling the car . and the buyer/winner gets a car very cheap

would remove some of the dodgy feelings out of it .....some

3rd party garage would have to provide backup when selling/raffling the car, consumer laws aren't that easy to get around.

If these draws are run like the lotto draws for various clubs around the country I'd say the winner is always someone close to the seller.

PrettyBoy

I've noticed this weird trend too, a lad that seems to be local to me is raffling his BMW 520 - 50 tickets at €300 each which, if he sells them all, would work out at €15k cash in his pocket for a car that's probably worth €11k. The first number on the Euromillions draw will be the winner.

He seems to have a fair few signed up but it looks like most of them haven't paid yet. The people that have signed up don't look like they have an interest in cars, I'll be surprised if most of them hand over €300 for a 50/1 chance to win an average Beamer.

LawlessBoy

The main one that I noticed was a 2008 white a4 on Facebook 250 a ticket 44 tickets lotto bonus ball.

If he gets them all sold its 11500 which is about right for the car seems like a lot of hassle for it

slimjimmc

Del2005 wrote: »

3rd party garage would have to provide backup when selling/raffling the car, consumer laws aren't that easy to get around.

If these draws are run like the lotto draws for various clubs around the country I'd say the winner is always someone close to the seller.

I'm not so sure, technically the car is a lottery prize (a game of chance) rather than a product bought in a consumer transaction.