Best way to accept ...
 

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[Closed] Best way to accept payment for a car?

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 rhid
Posts: 1292
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Topic starter
 

My car is on eBay classifieds. A guy asked if I accept credit cards. I obviously don't but it got me thinking about the best way to accept payment!

Is cash or bank transfer still the best way?

It's on for 3k so not a mega fortune but not insignificant amounts either.


 
Posted : 24/08/2017 1:19 pm
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cash, and cash only.


 
Posted : 24/08/2017 1:20 pm
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We agreed a sale. Drove to bank did a transfer over counter, bank confirmed money in my account. I handed keys and documents over to new owner and he drove me home. Was £10k neither of us wanted to carry that about.


 
Posted : 24/08/2017 1:26 pm
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Same as bru. That many dodgy accounts and fake cash these days it's the only safe way imho


 
Posted : 24/08/2017 1:29 pm
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Cash paid into a bank with both parties present seems to be the only totally safe way.

Most other ways can be reversed...


 
Posted : 24/08/2017 1:30 pm
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But electronic transfers can be reversed. Cash paid in over the counter and checked by the bank cannot.


 
Posted : 24/08/2017 1:31 pm
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Paypal Gift, obvs.


 
Posted : 24/08/2017 1:33 pm
 rhid
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Well obviously PayPal gift or the best option. That goes without saying.


 
Posted : 24/08/2017 1:36 pm
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I sold a car through here actually, north of £15k, long-distance, over a bank holiday weekend. It was a bit of a challenge, and I am eternally grateful to the purchaser's understanding, tolerance and patience, while we worked out how to do this, but the following worked: Small deposit by bank transfer to cover advertising cost (it was also on auto trader) refundable if inspection and test-drive proved unsatisfactory, then photo of banker's draft emailed over on the Friday. I took photo to local branch of purchaser's bank to have it verified, then toddled off down the A1 on the Sunday for test-drive/exchange, a cuppa and a train ride home.


 
Posted : 24/08/2017 1:48 pm
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Route the cash through a Nigerian Private Bank, then to one in the Seychelles, transfer half into a Afghanistan Bank then the other half split between a Russian mid tier and Slovenian mid tear Bank. Once that's done open an offshore account in Barbuda, not in your name so you'll have to open it up in a company name, then open an account in an Irish Bank in another company name (subsidiary or holding) then transfer lumps of no more than £3k pcm into the Irish account and spend it unwisely..

HTHs.


 
Posted : 24/08/2017 1:59 pm
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Bitcoin obv.


 
Posted : 24/08/2017 6:50 pm
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Amazon vouchers?


 
Posted : 24/08/2017 7:41 pm
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I took 3600 for mine in cash. Put it in the bank the next day no dodgy notes. I once drew 200 out the cashpoint to put in another account. One of the 20's was fake and the cashier picked up on it. I explained it had just come out of their cashpoint. Caused all manner of shit as i stood my ground and refused to accept it as a loss to me. Make of that what you will.


 
Posted : 24/08/2017 8:03 pm