Selling a car to Europe.
Selling a car to Europe.
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Discussion

R.P.M

Original Poster:

1,942 posts

242 months

Tuesday 22nd November 2011
quotequote all
The time has come to sell my p&j. I put the advert on Ph this afternoon and have been inundated with calls from all over Europe. I understand that the exchange rate makes UK cars seem a good deal, but I'm a cynical person by nature.

I made contact with the a guy that sounded the most genuine and he says he has already booked a flight to the uk for a car that fell through, and said he can transfer me a deposit now and pay me in full into my account before he travels to collect it. He didn't seem to ask many Q's just that he trusts me and I must trust him.

Is it too true to be good?
I would never dream of paying money into someone's account without meeting the owner or seeing the vehicle first!
What are the safest ways to deal with Jonny F?


2 sMoKiN bArReLs

31,623 posts

256 months

Tuesday 22nd November 2011
quotequote all
If it seems too good it probably is. Doubtless to pay a deposit he will need your bank details?

R.P.M

Original Poster:

1,942 posts

242 months

Tuesday 22nd November 2011
quotequote all
2 sMoKiN bArReLs said:
If it seems too good it probably is. Doubtless to pay a deposit he will need your bank details?
Indeed, is there much risk in him knowing a/c and sort code number?

andye30m3

3,495 posts

275 months

Tuesday 22nd November 2011
quotequote all
With the pound as weak as it is against the euro I can see quite a few interesting cars heading over the channel

I've been speaking to a couple of specialists about selling my E30 M3 and a number of them have been saying that a lot of the best cars they sell end up being shipped abroad.

R.P.M

Original Poster:

1,942 posts

242 months

Tuesday 22nd November 2011
quotequote all
French, Belgium, Dutch, Swedish, you name them. No English though!


enioldjoe

1,062 posts

232 months

Tuesday 22nd November 2011
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Don't forget to do the appropriate form filling on the V5C before hand or they might come after you with a big stick! readit

TAS1981

498 posts

226 months

Wednesday 23rd November 2011
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I literally just sold my Scoob to a German bloke....via eBay too.

Guy also contacted me through Scoobynet to show his credentials...he seemed genuine, booked a flight over, picked up the car and drove off into the sunset with my car and even sent me pics of it at the other end. Easiest ......deal.......ever.......

Cars are cheap in the UK. I would not have a problem unless you start hearing things like "Drop it at Portsmouth, I'll pay by paypal, I'll pay you more than its worth, ...western Union..." etc...

If the person is genuine they won't mind sharing copious detail to prove they are a legitimate buyer.

Proceed....with caution!

Rostfritt

3,098 posts

172 months

Wednesday 23rd November 2011
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I just did it the other way around. Should have driven an old jag out to Sweden and driven the Volvo back, would have been a better trip. The UK is an easier country to export from than most in the EU. You just have to sign to say permanently exported and post it off, registration goes away. For Sweden the old owner has to send proof it has been re-registered and send the old plates back, or get export plates that take 5 days. One thing we actually do quite efficiently. If they pay cash the only difference is the part they sign on the log book. Once it has driven off and you have a signature in that box, the car is no longer your responsibility.

Anyone considered driving a car to Cyprus or Malta for a profit? They sell for a lot there but the first registration fee (basically an import tax in all but name) is quite high and CO2 based.

R.P.M

Original Poster:

1,942 posts

242 months

Wednesday 23rd November 2011
quotequote all
Spoke to the guy and requested loads of info. Gave him a real grilling!
Gut feeling is he's a descent froggy. If a little mad.

Pay someone you've never met for something you've never seen, fly in, train up, then drive all the way back to the south of France. Easy nuts

Just a little sad that the UK looses another great little car frown

LotusOmega375D

8,999 posts

174 months

Wednesday 23rd November 2011
quotequote all
Sounds OK to me. I have sold two cars to the EU in similar circumstances to those you mention. I also had many more potential EU buyers than UK. The main difference being that I demanded cash. This can of course be a pain in the ar$e for the buyer, but they both managed it. One in Euro handed over cash at airport car-park and drove it home, the other one in Sterling came back a second time and drove it home (but would have taken it straightaway if I had got the paperwork in order!). whistle

If you're happy with a bank transfer, some people on here say that you should use/open another account to transfer it straight into as soon as it's cleared, so that the buyer can't somehow recover it. I am not a banker (well not that type anyway) so that bit may be nonsense.

As for paperwork, all you have to do is fill out and send the permanent export section of your V5C to the DVLA "et voilà" as the new owner would doubtless say. It couldn't be easier really. I also raised a "sold as seen" invoice of sale for both Parties to sign with date (and time!) so that if he gets into trouble (speeding etc. in the UK) you should be OK. Both my buyers brought and affixed their own number plates prior to departing (one had trade plates and the other had already pre-registered the car in his country). They also sorted out insurance before arriving.

Good luck.

R.P.M

Original Poster:

1,942 posts

242 months

Wednesday 23rd November 2011
quotequote all
Great advice thanks.
I thought about direct bank transfer as cash over 10k can be a little awkward.

Is money in the account cleared not secure?