Buying / payment problem classic car
Discussion
Embarking on purchase of another little classic car that I fancy. The vendor is in Northern Ireland and I’m in Suffolk. Inspections I can easily arrange and no problem, transport is easily arranged no problem.
The problem of payment is the issue, Is there a middle man type of business where I can put the cash for payment in at the same time satisfying the vendor that I have paid the money in?
The problem of payment is the issue, Is there a middle man type of business where I can put the cash for payment in at the same time satisfying the vendor that I have paid the money in?
Trevor555 said:
Get it inspected.
Transfer the money when your transport person is physically there to collect the car.
There's no way the seller would entertain any third party holding money, that screams scam to most people.
Yup I will have a natter with vendor and I’m sure that would be agreeable. Thanks.Transfer the money when your transport person is physically there to collect the car.
There's no way the seller would entertain any third party holding money, that screams scam to most people.
In the US they use escrow accounts/services which uses a third party. I don’t know how common that is in the U.K. Can solicitors be used, for a few I’m sure? Depends how much money you’re talking about too as to how much you can do an instant transfer with online?
There’s always an element of risk with a remote car purchase. I’ve done several here in the US and it’s always gone well. You have to go with you gut a bit as well as taking as many precautions as possible.
There’s always an element of risk with a remote car purchase. I’ve done several here in the US and it’s always gone well. You have to go with you gut a bit as well as taking as many precautions as possible.
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