T.R | Title | User | Personal Name | Date | Lines |
---|
2081.1 | | RDGENG::DEAR | Jay Dear | Fri May 07 1993 14:08 | 10 |
| > Lastly, should you accept a building society cheque or bankers draft
> and let the purchaser take the car and the documents ?
For a BS cheques, no. There's been a number of cases of stolen or
forged BS cheques being used to buy second hand cars. The advice
I've seen has been not to accept them until they have cleared, even
if you phone the branch and check that the cheque is valid.
Jay
|
2081.2 | | PLAYER::BROWNL | Burgundy? Thassawine innit? | Fri May 07 1993 14:21 | 7 |
| A banker's draft is like cash, with the exception that only the named
person can cash it, and the payer cannot cancel it.
Jay's comment about BS cheques is on the nail. There have been some
spectacular frauds recently.
Laurie.
|
2081.3 | | NEWOA::CROME_A | | Fri May 07 1993 14:58 | 11 |
| I have just bought a car privately, I offered the vendor a building
society cheque but they felt they would still rather not part with the car until
the cheque had cleared. The building society said the vendor could ring up and
verify the cheque and I could guarantee the cheque was valid buy showing the
vendor my bank book and the debit of the cheque.
I resorted to cash in the end, far more reliable !
Andy
P.S. I had left a deposit of 50 quid, for which I had a receipt and the MOT.
|
2081.4 | | YUPPY::BUSH | Alive and Kicking | Fri May 07 1993 15:34 | 9 |
2081.5 | Forge anything | WOTVAX::MEAKINS | Clive Meakins | Fri May 07 1993 16:26 | 2 |
| Presumably you need to verify the banker's draft is genuine too? A
phone call to the bank should do it.
|
2081.6 | BS cheque BS | IOSG::DUTT | Nigel Dutt | Fri May 07 1993 16:49 | 8 |
| More on BS cheques - I remember seeing a program about this. This is a
well organised scam that targets privately advertised cars and boats in
particular. Usual m.o. is to be very friendly and open, often with an
initial visit just to look over the goods. Follow up is to phone or
visit and agree to buy (always outside BS hours) and say words to the
effect of "pity it's Friday evening as I won't be able to get the money
until next week - oh of course I could do a BS cheque because that
guarantees the money doesn't it?".
|
2081.7 | ...caught bus home | MAJORS::ALFORD | lying Shipwrecked and comatose... | Fri May 07 1993 16:52 | 3 |
|
Last time I sold a car, I arranged to go to the bank with the buyer. He
withdrew money from account - gave it to me; I gave him keys and documents.
|
2081.8 | if branch says it's ok ... | METSYS::GILROY | | Fri May 07 1993 16:53 | 9 |
| re .2
> forged BS cheques being used to buy second hand cars. The advice
> I've seen has been not to accept them until they have cleared, even
> if you phone the branch and check that the cheque is valid.
Surely if you phone the branch and they say it is valid, it must be ok.
Worried owner of a BS cheque, and no car as of yesterday!
|
2081.9 | No problem really | IOSG::DUTT | Nigel Dutt | Fri May 07 1993 17:04 | 5 |
| I think if you've phoned the branch and checked then you should feel
safe (even though it's not 100% watertight). The people doing the real
scam make sure that they hand over the cheque at a time of day when
you couldn't phone, but they also help you to believe that the call is
unncessary anyway. The blank cheques were stolen in bulk.
|
2081.10 | Silly but true.... | ESBS01::WATSON | Rik Watson (7) 782 2238 | Fri May 07 1993 17:07 | 15 |
2081.11 | | SUBURB::THOMASH | The Devon Dumpling | Fri May 07 1993 18:03 | 6 |
|
Then, you could always go ex-directory and change numbers, leaver the
old phnoe no on thephone, and show an old bill.
Heather
|
2081.12 | | ESBS01::WATSON | Rik Watson (7) 782 2238 | Fri May 07 1993 19:50 | 4 |
| But if you do this, when yu attempt to phone their number it won't work
any you'll know somethings up.
Rik
|
2081.13 | Selling a car - Any ideas | PGREEN::CHAPMAN | Katherine Chapman | Tue Aug 17 1993 18:10 | 35 |
2081.14 | | ERMTRD::ALFORD | lying Shipwrecked and comatose... | Tue Aug 17 1993 19:25 | 2 |
|
Thought of putting it in an auction - there's quite a big one at Blackbushe
|
2081.15 | | KERNEL::SHELLEYR | No time for catching 'Zee's | Tue Aug 17 1993 19:39 | 7 |
| Katherine,
Can I suggest you put another reply to note 4 stating the mileage and
the year (we know its F reg) and how many owners. Have you checked
how much other people are asking for this type of car ?
Royston
|
2081.16 | :-( | NEWOA::FIDO_T | Conation is the key | Tue Aug 17 1993 19:55 | 8 |
2081.17 | avoid calls from selling agencies! | WELSWS::HEDLEY | Conquistador Instant Leprosy | Tue Aug 17 1993 19:56 | 12 |
| Can I suggest that you do NOT accept the services of any companies who
will 'phone you up constantly soon after you advertise your car offering
to sell it for you for a nominal fee (usually claiming that they have an
extensive database of buyers, that there are several potential buyers in
your area, etc) no matter how reputable they claim to be. After they
cash your cheque you probably won't hear any more from them.
I don't know whether they just do nothing at all, or whether the claims
about their success rate are just wildly exaggerated, but the service that
they offer isn't the best you can get for your money.
Chris.
|
2081.18 | That would help | PGREEN::CHAPMAN | Katherine Chapman | Tue Aug 17 1993 19:56 | 7 |
| Royston
That's a good point - I will reenter the reply with the additional info.
It shouldn't stop anybody ringing up and enquiring, surely?
K
|
2081.19 | too expensive | METSYS::GILROY | | Thu Aug 19 1993 16:42 | 10 |
|
Try reducing the price. I bought an F reg Golf GTI for #3500 3 months ago.
Most of the ones I saw were advertised at #3800 to #4000.
I've always found the Thames Valley trader a good way to buy/sell, and it
also gives you a reasonable idea of what price equivalent cars are being
advertised for.
Carol
|
2081.20 | | NSDC::SIMPSON | The future sure isn't what it used to be | Thu Aug 19 1993 20:07 | 6 |
| RE: -.1
True, however 16V should be worth a little more (or maybe a little less if the
value is inversely proportional to the premium!).
-Steve
|