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Safest way to pay for a private car sale?

  • 15-01-2017 9:59am
    #1
    Jim79
    Registered Users, Registered Users 2 Posts: 221 ✭✭


    In your opinion what is the safest way to pay for a private car sale?


Comments

  • #2
    Cee-Jay-Cee
    Registered Users, Registered Users 2 Posts: 12,235 ✭✭✭✭Cee-Jay-Cee


    Jim79 wrote: »
    In your opinion what is the safest way to pay for a private car sale?

    It depends on how much. Less than €5k then cash but if it's more maybe bank transfer or bank draft.


  • #3
    ShadowHearth
    Registered Users, Registered Users 2 Posts: 22,929 ✭✭✭✭ShadowHearth


    As above.

    Up to 7k eu i buy from private sellers with cash. Anything in region of 8k+ I would buy only from garage/dealer and pay with bank.

    If I buy private, I would not bring 7k with me, unless I am buying from reputable seller from car club. If its donedeal, then just have enough for deposit. And if seller looks okay give 50-100eu deposit and come back in a few days with money.


  • #4
    enfant terrible
    Registered Users, Registered Users 2 Posts: 4,620 ✭✭✭enfant terrible


    Go to the bank together and lodge the cash/bank draft there.


  • #5
    goz83
    Registered Users, Registered Users 2 Posts: 8,035 ✭✭✭goz83


    enfant terrible wrote: »
    Go to the bank together and lodge the cash/bank draft there.

    Thats no use if limited to outside banking hours.


  • #6
    Atlantic Dawn
    Registered Users, Registered Users 2 Posts: 84,761 ✭✭✭✭Atlantic Dawn
    M


    Depends on the conditions, if it's in a carpark might go as far as €1000, if at sellers house I'd go up to €5k, up to €10k I'd want to meet seller at his bank and lodge cash in to his account.

    Confirm the seller is the owner on the vehicle registration certificate by photo ID, otherwise car could be stolen, could be someone selling their mates car when they are on holidays etc etc.


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