the whistler
Prominent Member
- Joined
- Feb 22, 2006
- Messages
- 883
- Reaction score
- 250
- Points
- 324
I have arranged to sell my car privately, so the buyer will need to pay me before taking the car.
He has paid a deposit in cash, and we have discussed options for paying the balance. As it's quite a substantial sum, payment in cash is not really an option. The buyer has suggested that when he comes to collect the car he will arrange a fast transfer from his bank to my account. Then when I see the money in my account he can take the car,
Obviously I will need to give him my bank details, sort code and account number and I'm just wondering if there is any risk with this.
Are there any alternative better methods?
I dont know the buyer. He has given me his name, address and phone number. I will ask to photocopy his driving licence so I hope that should cover everything.
Any advice will be appreciated.
He has paid a deposit in cash, and we have discussed options for paying the balance. As it's quite a substantial sum, payment in cash is not really an option. The buyer has suggested that when he comes to collect the car he will arrange a fast transfer from his bank to my account. Then when I see the money in my account he can take the car,
Obviously I will need to give him my bank details, sort code and account number and I'm just wondering if there is any risk with this.
Are there any alternative better methods?
I dont know the buyer. He has given me his name, address and phone number. I will ask to photocopy his driving licence so I hope that should cover everything.
Any advice will be appreciated.