Private sale - test drives, and how to take payment?

Private sale - test drives, and how to take payment?

Author
Discussion

-Pete-

Original Poster:

2,893 posts

177 months

Sunday 16th December 2018
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I may be selling a £20K car at some point and it's been years since I sold a car. Do private sellers normally allow test drives? I know potential buyers can get fully comp 'day insurance' but as a seller, how can I be sure it's valid? How do you ensure you've REALLY got the money, before handing over the keys & log book? Suitcase full of £10 notes smile ? Are there any escrow schemes out there?

-Pete-

Original Poster:

2,893 posts

177 months

Tuesday 18th December 2018
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Thanks for all the answers so far. There's no way I'm letting anybody drive my car with no insurance or only 3rd party cover, if they write it off I'd be £20K poorer.

One question about the daytime bank transfer, do you mean I take them to my bank, ask them to make the transfer (using their phone app or by calling their bank) and then get proof from my bank that the money's in my account? I thought there was some way a payment like this could be reversed?

The last car I sold was for about £600... that was 15 years ago biggrin