Selling a car privately

procus

Registered User
Messages
56
Hi,
I am thinking of selling my car privately, but not sure how to go about it financially. I have heard so many horror stories about people receiving false bank drafts and cheques bouncing and the amount would be too much for cash. Any suggestions how to go about this securely.
thanks in advance
 
This comes up quite a lot - have you tried doing a search on this forum?
 
Sold my car just there and drove with the buyer to the bank. He got a bank draft there and then and I deposited it there and then. No problems.
 
I sold one recently. Took a draft, having phoned the issuing bank with the draft number to verify it's authenticity.
 
Thanks for the tips , Brank draft would prob be the way to go and ring up the bank to make sure it's ok , thanks for the replies. appreciate it
 
I did this last year. It took one month to sell the car and I went to the bank with the lady who bought it. When the money was in the a/c I handed over the keys.

My wife is great on the phone, so we knew what we wanted and rang about 20 dealers. Eventually got one an hour and a half away that was promising. We called in later the same day, sat down in front of your man and said, we're after driving this far, have a cheque book here and will quite happily drive the car away today. Whats your best price. He beat our local garage by 700 and we had a new car the same day that we sold the old one.

It was a vw golf and most garages had a couple of different ones ready to go. 3 month waiting lists are for trade ins. They always have a little leeway. We sold the old one for more than we were getting as a trade in and got 1700 or so off a new one.

My advice is to put your car on carzone, wait until it is sold before commiting to another one and then ring every dealer going. They all have pan european warranties now that mean any dealer has to look after it.
 
Thanks for that questioner1, sounds like great advice , i think i will give it a go selling it privately and do exactly what you did.
Thanks again