Reply to: Selling company car and motorbike.

[Smartie]

Ah good one. Now if you said have I googled it you'd have caught me out.

Using what is known as subtlety ;-)

[northernladuk]

Google says read this one then search for the MCN article How to stay safe when selling your bike privately | Auto Trader UK

Ah good one. Now if you said have I googled it you'd have caught me out.

[Smartie]

Google says read this one then search for the MCN article How to stay safe when selling your bike privately | Auto Trader UK

[northernladuk]

What does your accountant say?

We are in Accounting/Legal...

No 'ask your accountant' or anything required.

[Smartie]

What does your accountant say?

We are in Accounting/Legal...

[cojak]

This is more for Technical I think

[northernladuk]

Better not be an '04 350Z...

I should get another one of them. Best car I ever had.

[velcro]

When I've taken private cars and bikes for a test ride, I've always just handed over the keys to whatever I'm in before I go.
Some people have asked for cash upfront before a test ride, and I walk away at that point.

[Lance]

I intend to insure it to the hilt using the most expensive example I can find on autotrader plus a bit more so if it does disappear I'll get more for it I guess.

I assume it's cash in bank before you hand the keys over and the like? I won't be accepting cash even though the car is in the low 1000's

why not cash?
That would be my preference.

Or Bitcoin

[ladymuck]

Paypal friends and family is what I've used in the past. If you use the official "Payment for goods" version then they have the chance to reverse the transaction by complaining about the car etc and you have very little comeback.

I think there's also no fees with the F&F method compared to the official payment version

[DaveB]

I intend to insure it to the hilt using the most expensive example I can find on autotrader plus a bit more so if it does disappear I'll get more for it I guess.

I assume it's cash in bank before you hand the keys over and the like? I won't be accepting cash even though the car is in the low 1000's

Paypal friends and family is what I've used in the past. If you use the official "Payment for goods" version then they have the chance to reverse the transaction by complaining about the car etc and you have very little comeback.

[ladymuck]

Car and a motorbike. I'll know more when I've finished scouting the neighbourhood tonight

Better not be an '04 350Z...

[northernladuk]

What you selling?

Car and a motorbike. I'll know more when I've finished scouting the neighbourhood tonight

[northernladuk]

For the car, then you ride along with them.

For the bike, offer a test ride if you are comfortable that the buyer is genuine and ask to hold their ID and keys while they do it.

I intend to insure it to the hilt using the most expensive example I can find on autotrader plus a bit more so if it does disappear I'll get more for it I guess.

I assume it's cash in bank before you hand the keys over and the like? I won't be accepting cash even though the car is in the low 1000's

[DaveB]

For the car, then you ride along with them.

For the bike, offer a test ride if you are comfortable that the buyer is genuine and ask to hold their ID and keys while they do it.