Best price for my car, without selling privately
Best price for my car, without selling privately
Author
Discussion

mnkiboy

Original Poster:

4,409 posts

187 months

Wednesday 12th October 2011
quotequote all
Ok so it looks like the X-Type will have to go to fund a house purchase. I'm not too keen on selling it privately. I've sold cheap cars privately in the past, but i'm hoping the X-Type will fetch over £4K and i'm not keen on dealing with that amount of money. Also, i've read too many threads on here about buyers causing problems after they've bought the car.

So... What's the best way to get a good price for my car? WBAC is probably the easiest way, but their offer is just too low, by about £1000.
I've seen a few websites offering to 'connect you direct to dealers waiting to buy', but I can't help but think it sounds like a scam. I can't find many reviews of these websites, either good or bad.

Or should I use the old fashioned method of driving round a few local dealers and seeing what they offer? This is probably my best bet at the moment.

kambites

70,348 posts

242 months

Wednesday 12th October 2011
quotequote all
Well pretty much by definition, you'll get below market value if you don't sell privately because whoever you do sell it to will need to make a profit on it. Local dealers is probably your best bet, but don't expect to get particularly close to what it would fetch on the open market.

Mr Roper

14,000 posts

215 months

Wednesday 12th October 2011
quotequote all
mnkiboy said:
X-Type will fetch over £4K and i'm not keen on dealing with that amount of money.
What are your concerns?

mnkiboy

Original Poster:

4,409 posts

187 months

Wednesday 12th October 2011
quotequote all
Mr Roper said:
What are your concerns?
Dodgy cheques. Fake cash. Being buggered.

LordHaveMurci

12,315 posts

190 months

Wednesday 12th October 2011
quotequote all
mnkiboy said:
Dodgy cheques. Fake cash. Being buggered.
I've sold vehicles for much more than that privately, take payment by bank transfer or pay the cash into your account before releasing the car, no worries then.

SuperHangOn

3,486 posts

174 months

Wednesday 12th October 2011
quotequote all
You could do the deal in a bank.

Otherwise options are auction or dealers. If its not a diesel, prepare to be raped.


infradig

978 posts

228 months

Wednesday 12th October 2011
quotequote all
LordHaveMurci said:
I've sold vehicles for much more than that privately, take payment by bank transfer or pay the cash into your account before releasing the car, no worries then.
Agreed, I once bought a car in the queue at the vendors bank. As long As it's below the money laundering cash limit(£10k?) there's no problem, although why you'd put cash in a bank where it's recorded is beyond me!

bmthnick1981

5,317 posts

237 months

Wednesday 12th October 2011
quotequote all
Really nothing to worry about, as others have said have the buyer walkn into the bank with you and deposit cash or bankers draft, ID the seller and use a form of receipt which sets out details. Easy.

mnkiboy

Original Poster:

4,409 posts

187 months

Wednesday 12th October 2011
quotequote all
True, it's maybe not as risky as I've been thinking. I'm still going to try the dealers first though, and if not happy with their offers i'll sell privately.

hornetrider

63,161 posts

226 months

Wednesday 12th October 2011
quotequote all
mnkiboy said:
I've sold cheap cars privately in the past, but i'm hoping the X-Type will fetch over £4K
4k is a cheap car. Sell it privately, take cash.

Uhura fighter

7,018 posts

204 months

Wednesday 12th October 2011
quotequote all
We buy any car .com

mnkiboy

Original Poster:

4,409 posts

187 months

Wednesday 12th October 2011
quotequote all
Uhura fighter said:
We buy any car etc.
Not offering much over £3K, I need £4K.

daemon

38,349 posts

218 months

Wednesday 12th October 2011
quotequote all
mnkiboy said:
Mr Roper said:
What are your concerns?
Dodgy cheques. Fake cash. Being buggered.
I've sold over 100 cars this past four months of trading and i've never once been buggered.

bmthnick1981

5,317 posts

237 months

Wednesday 12th October 2011
quotequote all
daemon said:
mnkiboy said:
Mr Roper said:
What are your concerns?
Dodgy cheques. Fake cash. Being buggered.
I've sold over 100 cars this past four months of trading and i've never once been buggered.
Yes, I too can confirm that of the 30/40 odd cars I have sold I too have never been buggered.

Snowboy

8,028 posts

172 months

Wednesday 12th October 2011
quotequote all
bmthnick1981 said:
daemon said:
mnkiboy said:
Mr Roper said:
What are your concerns?
Dodgy cheques. Fake cash. Being buggered.
I've sold over 100 cars this past four months of trading and i've never once been buggered.
Yes, I too can confirm that of the 30/40 odd cars I have sold I too have never been buggered.
My mate Phil hasn't driven or sold a car in 5 years but he gets buggered all the time.

Still, he should be out in 6 months with good behaviour.

Matt UK

18,080 posts

221 months

Wednesday 12th October 2011
quotequote all
A good receipt and a deal done in the bank / via bank transfer swiftly moved to another account on the phone, is all you need for a private sale.

I've done a few and never had any issues.

Davel

8,982 posts

279 months

Wednesday 12th October 2011
quotequote all
LordHaveMurci said:
mnkiboy said:
Dodgy cheques. Fake cash. Being buggered.
I've sold vehicles for much more than that privately, take payment by bank transfer or pay the cash into your account before releasing the car, no worries then.
What he said ^^^^^^

Never had a problem.

Ozzie Osmond

21,189 posts

267 months

Wednesday 12th October 2011
quotequote all
hornetrider said:
4k is a cheap car. Sell it privately, take cash.
^^^^^ This

Any alternative to selling privately will "cost" you at least £500 and probably nearer £1,000


wiliferus

4,197 posts

219 months

Wednesday 12th October 2011
quotequote all
Do none of the independent garages near you do 'sale or return'? Garage has the hassle of selling it, and you're legally watertight. Fees for this vary and are obviously negotiable.