Best way to buy?

E46Dream

Hey guys, heading up north next week to view a car and I'm hoping it's the right one for me. Question I have is what's the best way to pay for it?

Car is valued above 10000 sterling so is it even possible to take out that much cash in sterling from bank of Ireland? Or is it unsafe to do so?

Bank transfer would be good but I'm afraid if the car is not in the condition I expect, plus it's a 4hr drive up and bank transfer would take too long to go through if I done it on the day I see the car?

Any help appreciated.
Also any tips for buying it on the day and getting it back down south would help too!

lalababa

A sterling bank draft would be your man. Not from boi.

If cash it is you want you have to book some days in advance to collect that large amount of sterling. Plan your journey and don't rush yourself.... accommodation ...give time to sort insurance.

E46Dream

lalababa wrote: »

A sterling bank draft would be your man. Not from boi.

If cash it is you want you have to book some days in advance to collect that large amount of sterling. Plan your journey and don't rush yourself.... accommodation ...give time to sort insurance.

Yes you see I haven't seen the car in person yet so not 100% sure I'm going to buy it. If I bring cash then I have either option to buy or walk away if it's not what I want.

If I pay by bank transfer or bank draft in advance and I end up not liking the car what will happen to my money?

U_Fig

E46Dream wrote: »

lalababa wrote: »

A sterling bank draft would be your man. Not from boi.

If cash it is you want you have to book some days in advance to collect that large amount of sterling. Plan your journey and don't rush yourself.... accommodation ...give time to sort insurance.

Yes you see I haven't seen the car in person yet so not 100% sure I'm going to buy it. If I bring cash then I have either option to buy or walk away if it's not what I want.

If I pay by bank transfer or bank draft in advance and I end up not liking the car what will happen to my money?

I would not pay in advance that's potentially setting you up for a world of trouble, what I would do is go view the car with a small deposit (few hundred quid or that ) if you like it agree a price and pay the deposit to hold the car and then pay via bank transfer or one of the online transfer sites with better exchange rates if need be ( if using transfer sites these do your homework to make sure it's legit).

That way you should be able to get them to keep the car if you like it and you can only be a small bit out of pocket if sh*t hits the fan

E46Dream

U_Fig wrote: »

I would not pay in advance that's potentially setting you up for a world of trouble, what I would do is go view the car with a small deposit (few hundred quid or that ) if you like it agree a price and pay the deposit to hold the car and then pay via bank transfer or one of the online transfer sites with better exchange rates if need be ( if using transfer sites these do your homework to make sure it's legit).

That way you should be able to get them to keep the car if you like it and you can only be a small bit out of pocket if sh*t hits the fan

I intend on purchasing the car there and then if I like it but if I do a transfer it may take a day to go through so that's not really an option I want to go up view the car, pay and then drive it home.

Most bank transfers only take a few minutes not a whole day