Selling Company Vehicle on eBay

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TheFaQQer replied

10 November 2015, 17:30
Originally posted by northernladuk View Post

Hope it's not going too of topic but am interested to know. Does eBay get involved with disputes over the state of the van when it's sold. If you sell it as immaculate and a buyer spots the mechanical fault does it give them an extra option to get their money back or is the 'Sold as seen ' on the receipt you give still trump it all?

For vehicles, there's much less comeback - it's essentially a used car advert site.

I've bought through eBay twice before though - and you don't pay the commission as a percentage in the same way as a normal sale. And you'd be stupid to use PayPal for anything other than a small deposit - cash, bankers draft or bank transfer only.
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northernladuk replied

10 November 2015, 16:17
Hope it's not going too of topic but am interested to know. Does eBay get involved with disputes over the state of the van when it's sold. If you sell it as immaculate and a buyer spots the mechanical fault does it give them an extra option to get their money back or is the 'Sold as seen ' on the receipt you give still trump it all?
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VectraMan replied

10 November 2015, 16:03
I was curious so I googled it for you:

https://www.gov.uk/vat-vehicle-sales...the-uk/used/no

That's if you bought it privately and weren't charged VAT. You don't pay any VAT if the value is less than you paid, and you don't add VAT to the sale price. If you paid VAT when you bought it you have to add VAT as a normal sale.
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TheFaQQer replied

10 November 2015, 15:56
You invoice for the sale amount including VAT.

Selling fees etc go down as a cost of goods sold in the accounts.
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sim418 started a topic Selling Company Vehicle on eBay

10 November 2015, 15:19
Selling Company Vehicle on eBay

I have a 10 year old company van, which now needs a new gearbox etc., I have decided to sell the vehicle through eBay, I believe I have to charge VAT on the vehicle and also declare the sale on my next VAT return. If I was to receive say £1000 + £200 VAT on the sale of the vehicle, would I then declare this amount on the VAT return, or also take into account eBay selling fees of 10% + insertion fees + PayPal fees etc.?

Have any other contractors been in a similar situation selling a company vehicle?
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