Selling a car - Buyer sending a collection company
Discussion
Evening all,I know a few have done this so hoping you can give me some advice. A buyer has agreed to buy my car, but after working out fuel costs etc has decided to arrange for collection. The bloke seems genuine so im not worried about the sale itself. Just wondered what you do with regards signing the v5?Thank youZiggy
Are you sure he is genuine? I would say 99% of people who ask to send a collection agent are scammers!
ETA: i am assuming this is an ebay type sale and the chap hasn't been to see the car, if this is not the case then my point is not so valid!
ETA: i am assuming this is an ebay type sale and the chap hasn't been to see the car, if this is not the case then my point is not so valid!
Edited by jimmy156 on Tuesday 21st January 19:49
Not a lot you can do except trust them to post it off, or if they sound a bit dodgy I've never actually known DVLA to refuse a signature because they've checked it against the records. Happens all the time in the car trade, you just get the bookkeeper or the cleaner to squiggle in the box provided you know all the info.
Haven't done it myself, but know those who have.
Haven't done it myself, but know those who have.
kiethton said:
V6Alfisti said:
What payment type are you accepting?
I would accept cash (checked/cashed in at a bank) or bank transfer only, basically anything which is guaranteed to stay in your bank.
ThisI would accept cash (checked/cashed in at a bank) or bank transfer only, basically anything which is guaranteed to stay in your bank.
even bank transfers can be called back, up to about 4 days after, so cash and pay it in. then let the car go
ZiggyNiva said:
Evening all,
I know a few have done this so hoping you can give me some advice. A buyer has agreed to buy my car, but after working out fuel costs etc has decided to arrange for collection.
The bloke seems genuine so im not worried about the sale itself. Just wondered what you do with regards signing the v5?
Thank you
Ziggy
Obviously a scammer will try to come across genuine and easy to trust; its part of the scamI know a few have done this so hoping you can give me some advice. A buyer has agreed to buy my car, but after working out fuel costs etc has decided to arrange for collection.
The bloke seems genuine so im not worried about the sale itself. Just wondered what you do with regards signing the v5?
Thank you
Ziggy
Just be careful. Smells scammy to me
Let them collect it so long as you have cleared funds. post the buyer a receipt and ask him to sign and return a copy prior to you allowing the vehicle to leave. suggest you will leave a copy with both your and his signature on the receipt in the glove box.
I presume its being collected and delivered elsewhere in the uk.
I presume its being collected and delivered elsewhere in the uk.
sparkyhx said:
kiethton said:
V6Alfisti said:
What payment type are you accepting?
I would accept cash (checked/cashed in at a bank) or bank transfer only, basically anything which is guaranteed to stay in your bank.
ThisI would accept cash (checked/cashed in at a bank) or bank transfer only, basically anything which is guaranteed to stay in your bank.
even bank transfers can be called back, up to about 4 days after, so cash and pay it in. then let the car go
gizlaroc said:
Northernchimp said:
No, they can't.
They can if it was from a hacked account. Sounds like they'd be better off buying a new car and dealing with the depreciation!
996TT02 said:
So they'd exchange all the funds in the account, potentially convertible into cash, for a car, which presumably they'd be registering in their name or else, becomes de facto stolen and hence worth a quarter of it's true value?
Sounds like they'd be better off buying a new car and dealing with the depreciation!
Agreed. Sounds like they'd be better off buying a new car and dealing with the depreciation!
It does seem like a lot of messing around to steal a car.
Cheers for all the replys.
I'm as confident that the buyer is legit as I would be that any cash handed over wasn't fake.
The value of the car is low, and a large portion of it has already been paid by cleared payment as a deposit.
The car is my Niva, and the buyer is a retired gentleman who is a long time member of an owners club i'm also a member of, as well as having knowledge of the car that would have taken years to build up. It just wouldn't be worth while for a scammer to spend the time needed for the few hundred quid he would end up with.
I appreciate I may well be proven wrong and if I am I promise not to come on here complaining.
I'm as confident that the buyer is legit as I would be that any cash handed over wasn't fake.
The value of the car is low, and a large portion of it has already been paid by cleared payment as a deposit.
The car is my Niva, and the buyer is a retired gentleman who is a long time member of an owners club i'm also a member of, as well as having knowledge of the car that would have taken years to build up. It just wouldn't be worth while for a scammer to spend the time needed for the few hundred quid he would end up with.
I appreciate I may well be proven wrong and if I am I promise not to come on here complaining.
JimmyConwayNW said:
Let them collect it so long as you have cleared funds. post the buyer a receipt and ask him to sign and return a copy prior to you allowing the vehicle to leave. suggest you will leave a copy with both your and his signature on the receipt in the glove box.
I presume its being collected and delivered elsewhere in the uk.
This is exactly what I am planning to do.I presume its being collected and delivered elsewhere in the uk.
One copy will be left in the car, and one copy handed to the collection driver.
I had this when I sold my M3. Sold on eBay, the guy was based in Africa, YES that's right. Money got transferred into my bank, a truck come and collected the car the next few days, I took at least 100 x pics of the car getting loaded in the truck along with it in the truck, took pic of mileage etc and sent them to the new owner.
During the sale I got the new owner to confirm purchase and transaction ID, along with the confirmation of the V5 being sent to him with my signature. I signed the V5 and left it blank where new owner signs, and put that inside the car.
Guy was genuine, even emailed me to say how nice the car was, and that was that!
During the sale I got the new owner to confirm purchase and transaction ID, along with the confirmation of the V5 being sent to him with my signature. I signed the V5 and left it blank where new owner signs, and put that inside the car.
Guy was genuine, even emailed me to say how nice the car was, and that was that!
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