Selling a car to someone that says they are a trader
Discussion
Sold my car today to someone who came to my house to view it. Was about to fill out the v5 and he asked me to fill in the "selling to a trader" section on the v5.
The guy didn't mention the fact he was apparently a trader until we were doing the paperwork and I asked if he had any proof of the company name or anything like that. He only had a traders insurance policy document with him but that only had names of the people covered, no company name and there is no guarantee it's real without phoning to check.
When I said I was a bit uncomfortable he questioned why and what could go wrong and because I already had his cash I thought the same I guess and agreed to do it. I know from part exchanging cars before at a trader's premises that the trader is supposed to keep the main part of the v5 and I keep the little slip saying I have sold to a trader and send that to dvla. Funny thing is he forgot to take the main part so I still have both parts of the v5. He lives quite far away and phoned me to tell me he had forgot it, I said I would post it to him which I am happy to do but before I do is there anything dodgy going on here that could result in me getting stung somehow? Or am I just being paranoid? Did have a google about it but nothing specific came up. Over to you...
ETA - I know I have to send off the slip whatever happens really in case he gets caught speeding or something but just want to see what the PH collective makes of it.
The guy didn't mention the fact he was apparently a trader until we were doing the paperwork and I asked if he had any proof of the company name or anything like that. He only had a traders insurance policy document with him but that only had names of the people covered, no company name and there is no guarantee it's real without phoning to check.
When I said I was a bit uncomfortable he questioned why and what could go wrong and because I already had his cash I thought the same I guess and agreed to do it. I know from part exchanging cars before at a trader's premises that the trader is supposed to keep the main part of the v5 and I keep the little slip saying I have sold to a trader and send that to dvla. Funny thing is he forgot to take the main part so I still have both parts of the v5. He lives quite far away and phoned me to tell me he had forgot it, I said I would post it to him which I am happy to do but before I do is there anything dodgy going on here that could result in me getting stung somehow? Or am I just being paranoid? Did have a google about it but nothing specific came up. Over to you...
ETA - I know I have to send off the slip whatever happens really in case he gets caught speeding or something but just want to see what the PH collective makes of it.
Edited by Al U on Sunday 14th December 22:59
Pommygranite said:
Lucky you.
I've sold to a few traders and all were great, easy sales.
At least traders aren't likely to ring you up in 2 mths complaining the magic tree broke and asking for a full refund plus expenses for their time.
That's the thing though he and a friend were all over the car trying to find faults and trying to knock me down further on everything they found even though we agreed a price before he came. On the test drive he also said he was going to use the car as a runabout. Nothing about him seemed like a trader which is what made me weary.I've sold to a few traders and all were great, easy sales.
At least traders aren't likely to ring you up in 2 mths complaining the magic tree broke and asking for a full refund plus expenses for their time.
Al U said:
Pommygranite said:
Lucky you.
I've sold to a few traders and all were great, easy sales.
At least traders aren't likely to ring you up in 2 mths complaining the magic tree broke and asking for a full refund plus expenses for their time.
That's the thing though he and a friend were all over the car trying to find faults and trying to knock me down further on everything they found even though we agreed a price before he came. On the test drive he also said he was going to use the car as a runabout. Nothing about him seemed like a trader which is what made me weary.I've sold to a few traders and all were great, easy sales.
At least traders aren't likely to ring you up in 2 mths complaining the magic tree broke and asking for a full refund plus expenses for their time.
Now he's gone dont worry.
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