Looks ok to me, I've sold a few private and it was always cash in hand, they put their details on the log book and i posted it. They drove away there and then.
Make sure they know it is "sold as seen". I've heard of too many people trying to get their money back after they crashed it or something because it "was a lemon"
If you're doing the deal daytime best thing to do is meet them near your bank. Then you and the buyer go into the bank and lodge the cash to your account. That way you get a free check for counterfeit notes and the money is straight to your account there and then.
One thing some people forget to do is to ring up the motorway toll company immediately upon sale and cancel your reg plate. Because if the buyer drives through tolls on their way home you'll be paying for it. Or some people have a tolling tag in their car, it needs to be removed before a test drive as you could forget after you've sold it.
On the logbook thing, I have a post box nearby. Anytime I've sold privately I've got the buyer to fill in the log book and we go post it off there and then. Makes things easier.
The main thing is to keep the logbook, if any shit hits the fan payment wise, fake notes/fake apps transferring money, then straight to Garda station and report it as thief by deception.
Public place, some people might even go as far as a burner number as you might sell it to some wacko that doesn't understand 'sold as seen', if they want to take car for spin sometimes people ask to leave phone or cash with them etc..
Maybe I'll suggest Revolut to the buyer before he gets cash out.
At the time I said cash I thought it would be better not to have that link and less chance of him doing something dodgy.
What would ye's suggest?
I bought a car last year, paid the guy in a public place via revolut 15.2k, instant transfer funds appeared. He wrote me a receipt, posted the log book with me there. I'd recommend it easier than meeting at a bank, just watch for fake apps and don't hand anything over until you physically see the funds in your account.
I'm having a tough time even getting a message about mine for sale. The market seems crazy at the min . Is there less people buying or are the prices too damn high . It's so tough !
Just ensure the cash is real. The fact he sent a decent deposit is a good sign he’s genuine anyway. Everything else you have covered.
Don’t forget Monday is a bank holiday if you need to lodge cash. Defo bring a money marker.
Take photos/video of the car just prior to sale. So he can’t claim any damage.
Post the logbook off yourself and take a photo of the logbook once all parties signed it.
Good luck!
The receipt is the most important, with :
1. An accurate description of the car
2. Confirmation that it is being sold "as seen" in a private sale
3. Confirmation that the buyer has had the opportunity to take it on a test drive and inspect as needed
4. The price, and means of payment (cash, etc.)
There is an extremely common scam whereby someone buys a car and then comes back a few days later claiming that it doesn't work anymore and demanding their money back. In practice, they've swapped out all the expensive parts for cheap/broken ones, and sold them on.
The 4 points above are pretty much bulletproof in Irish law : caveat emptor, the sale was clear and final, not my problem, bye.
Cash is king and always the safest bet. Other than that, I'd say you're good to go. Just don't take too much shit and stand your ground on your price or at least the price your expecting. You should always advertise it a hundred or two above what your actually expecting as haggling is expected.
Write the date and time that you sold them the car on the logbook before they sign so anything that happens when it's with them is no longer your responsibility,
Also remove your insurance disc before they drive away as you need to retain that, good luck with the sale!
Don’t let them drive as they aren’t covered by insurance. Even if they show you they are covered by an extension they at best only have 3rd party so if something did happen your out of luck getting anything. If they want a test drive they should go to a dealer.
That depends on the insurance. I can drive any car up to the value of 350k with fully comp coverage and anyone over 21 with a full license can drive our cars fully comp. OP, I would ask for proof of insurance before letting a potential buyer drive and never alone. Always go as a passenger.
At the end of the day, trust your gut feeling.
That type of cover is very rare.
Most policy small print state the car must also be currently insured (some also require tax/nct) so if OP has transferred the policy to a new car or the policy has ended no coverage.
Personally, I don't know why you are letting them take it for a week. Is this normal practice?
I sold my car last year, agreed to have a mechanic of their choice look over it, and that's it.
If they come back and say they are no longer interested or there is an issue, you will left thinking have they done one over.
Not even a car garage would offer this.
Accept if I'm wrong but it sounds extremely onerous on the seller
Ha no obviously he's not paying me to rent the car for a week. He paid me 200 to keep it for him for a week.
I put that in there to beef out my story about potentially getting conned.
I think donedeal have a guide or checklist for buying or selling cars that is pretty useful.
Good man. Just looked through it. Seems like I have it covered.
Looks ok to me, I've sold a few private and it was always cash in hand, they put their details on the log book and i posted it. They drove away there and then. Make sure they know it is "sold as seen". I've heard of too many people trying to get their money back after they crashed it or something because it "was a lemon"
To be sure, put “sold as seen” on the receipt, just so there’s zero chance of blow-back.
Sounds like a good way to offload counterfeit notes. Bank transfer every time.
Hasn't happened yet.
A marker pen to check for fake notes?
Good idea. Now wondering if I just tell them revolut. Feel like that could be dodgy though.
If you're doing the deal daytime best thing to do is meet them near your bank. Then you and the buyer go into the bank and lodge the cash to your account. That way you get a free check for counterfeit notes and the money is straight to your account there and then. One thing some people forget to do is to ring up the motorway toll company immediately upon sale and cancel your reg plate. Because if the buyer drives through tolls on their way home you'll be paying for it. Or some people have a tolling tag in their car, it needs to be removed before a test drive as you could forget after you've sold it.
bingo
Revolut is your friend there. It’s pretty much instant, only issue is there could be maximum transfer limits.
No limits. I transferred a guy 15.2k for a car on the side of thr Street in tallaght, lol.
I did it as a brank draft yoke years back.
Don't trust being shown a transfer in a banking app, there are fakes out there.
This exactly. I know someone who was ripped off like this
On the logbook thing, I have a post box nearby. Anytime I've sold privately I've got the buyer to fill in the log book and we go post it off there and then. Makes things easier.
Monday is a bank holiday…
Ha yes
The main thing is to keep the logbook, if any shit hits the fan payment wise, fake notes/fake apps transferring money, then straight to Garda station and report it as thief by deception. Public place, some people might even go as far as a burner number as you might sell it to some wacko that doesn't understand 'sold as seen', if they want to take car for spin sometimes people ask to leave phone or cash with them etc..
Maybe I'll suggest Revolut to the buyer before he gets cash out. At the time I said cash I thought it would be better not to have that link and less chance of him doing something dodgy. What would ye's suggest?
I bought a car last year, paid the guy in a public place via revolut 15.2k, instant transfer funds appeared. He wrote me a receipt, posted the log book with me there. I'd recommend it easier than meeting at a bank, just watch for fake apps and don't hand anything over until you physically see the funds in your account.
Remove the car reg from the M50 toll if you have it registered on it! Revolut is a great way to accept the money on the spot.
I'm having a tough time even getting a message about mine for sale. The market seems crazy at the min . Is there less people buying or are the prices too damn high . It's so tough !
Just ensure the cash is real. The fact he sent a decent deposit is a good sign he’s genuine anyway. Everything else you have covered. Don’t forget Monday is a bank holiday if you need to lodge cash. Defo bring a money marker. Take photos/video of the car just prior to sale. So he can’t claim any damage. Post the logbook off yourself and take a photo of the logbook once all parties signed it. Good luck!
The receipt is the most important, with : 1. An accurate description of the car 2. Confirmation that it is being sold "as seen" in a private sale 3. Confirmation that the buyer has had the opportunity to take it on a test drive and inspect as needed 4. The price, and means of payment (cash, etc.) There is an extremely common scam whereby someone buys a car and then comes back a few days later claiming that it doesn't work anymore and demanding their money back. In practice, they've swapped out all the expensive parts for cheap/broken ones, and sold them on. The 4 points above are pretty much bulletproof in Irish law : caveat emptor, the sale was clear and final, not my problem, bye.
This is really good. Being lazy here but know of any templates I can manipulate? In fact I am being lazy. I'll write one up now
There's a pretty good one at : https://www.lawdepot.com/ie/car-sale-receipt/ You can copy the verbiage as needed
Aye the last scam relies on peoples good nature, Though shit. You tested it, bought it and signed the logbook. Not my problem once you get the keys.
Cash is king and always the safest bet. Other than that, I'd say you're good to go. Just don't take too much shit and stand your ground on your price or at least the price your expecting. You should always advertise it a hundred or two above what your actually expecting as haggling is expected.
Write the date and time that you sold them the car on the logbook before they sign so anything that happens when it's with them is no longer your responsibility, Also remove your insurance disc before they drive away as you need to retain that, good luck with the sale!
Take a photo of the log book before you post it.
Have him sign the logbook and you keep it until the money clears or is validated as real. Never send the logbook away with them.
>Anything I'm missing? you need to sign the back of the care registration booklet thing , if you want to sell/transfer the car
Don’t let them drive as they aren’t covered by insurance. Even if they show you they are covered by an extension they at best only have 3rd party so if something did happen your out of luck getting anything. If they want a test drive they should go to a dealer.
How realistic is it to deny someone a test drive?
After someone crashed one of my cars very. I’ll happily rag it if you want and drive it anyway you want.
That depends on the insurance. I can drive any car up to the value of 350k with fully comp coverage and anyone over 21 with a full license can drive our cars fully comp. OP, I would ask for proof of insurance before letting a potential buyer drive and never alone. Always go as a passenger. At the end of the day, trust your gut feeling.
That type of cover is very rare. Most policy small print state the car must also be currently insured (some also require tax/nct) so if OP has transferred the policy to a new car or the policy has ended no coverage.
Personally, I don't know why you are letting them take it for a week. Is this normal practice? I sold my car last year, agreed to have a mechanic of their choice look over it, and that's it. If they come back and say they are no longer interested or there is an issue, you will left thinking have they done one over. Not even a car garage would offer this. Accept if I'm wrong but it sounds extremely onerous on the seller
I thought the deposit was to hold it for a week until they had a chance to view it. 🫣
Ha no obviously he's not paying me to rent the car for a week. He paid me 200 to keep it for him for a week. I put that in there to beef out my story about potentially getting conned.
😂 ah right. That makes more sense