nadger

I'm selling my scooby at the moment what the best way to deal with the payment. Taking 10K+ cash seems dodgy, Cheques are people OK with waiting until they clear till they get the car?

I know I might be paranoid but you only hear the horror stories with people loosing their car.

Thanks,

Nick

GC8

I'd take the cash at your branch and pay it into your account; alternatively you might want to accompany the buyer to his branch and wait as a draft is drawn.

sexy wrx69

ask for a bankers draft.

This is almost guarenteed to be legitimate.

Safest way to deal with large sums of money as it comes straight from the bank.

Dunk

iTrader: (1)

Even with a bankers draft, ring up the bank & confirm that they issued it. (get issuing bank details from the purchaser & phone number from somewhere else !)

D

POC

Cash, everytime without fail.

Too many people have been ripped off with false bankers drafts and its not always conveinent to call the bank to confirm its geniune (ie: out of bank hours).

If you are worried about having that amount of cash on you then get a few mates round.

sexy wrx69

POC is the man who knows.

flat4

cash for me always, in fact anyone want to buy a GT4?

nadger

Thanks for all your help!
I'll just take cash and try and put it in the bank straight away.

GC8

The only safe ways to deal with cash or draft are in my original reply!

Tiggs

10k cash????? what the heck do you want that for?

the last few things i have bought and sold (9k up to £25k) have all been done via direct transfer from one bank to another.

T

Boro

iTrader: (1)

Direct transfer everytime, non reversible, cant forge it and instant (as long as it isnt done on-line)

Freak

Cash
Always done it that way.

GaryK

Give me a call when your sell your car then!

Its dead easy (so Im told) to forge bankers drafts, always do your deal during banking hours and go to your branch and get it checked simple!

carla_wrx

Always cash and make sure when you take it to the bank, you put it in a carrier bag

TopBanana

How much does an immediate direct transfer cost? Presumably you can't do it on weekends?

Dazza012

Give the seller ur acct details, then check on Internet banking (if ur on it) or call the branch and ask as it will show up more or less straight away, then sort ppwk out afterwards.