Z3MCoupe.com Forums

Go Back   Z3MCoupe.com Forums > Z3MCoupé.com Forums > For Sale or Wanted
HOME Gallery Register Members List Calendar Search Today's Posts Mark Forums Read

Closed Thread
 
Thread Tools Display Modes
  #1  
Old 07-05-2007, 10:35 PM
ascender's Avatar
ascender ascender is offline
Administrator
 
Join Date: May 2007
Posts: 44
Default For Sale / Wanted Forum Rules

Z3MCoupe.com/Z4MCoupe.com takes no responsibility for transactions that take place on the board. Whilst we have every confidence that all of our members will act responsibly in their dealings with one another, we cannot be held liable if things do go wrong.

Z3MCoupe.com/Z4MCoupe.com reserve the right to remove or edit any post within this forum without notice which they deem to be unfit, inappropriate or not posted in accordance to these forum rules.

When it comes to buying cars, please use common sense. Some useful bits & pieces.

Quote:
Questions you must ask:

How long have they owned the car? Have they owned it from new? If not, how many previous owners are there?
Why are they selling it?
What is the mileage? What features does the car have? In their opinion, what sort of condition is it in?
Is there an outstanding finance or hire purchase agreement?
Does it have any tax or MOT? If so, how much?
Are there any service records, bills, old MOTs? (Use the latter to check mileage).
Has it been involved in any accident damage, and if so, which parts were damaged? Where was it repaired? Are the repairs guaranteed?
Have they replaced anything on it recently? Has it been modified in any way?
Price should be negotiable - are they open to reasonable and fair offers?

Things you should never do:

Arranging to meet in a 'mutual' location, such as a pub car park. Why doesn't the seller want to reveal their address? Are they making sure you have no comeback?
Not noticing mobile numbers; they're commonplace nowadays, but why should someone not want to back it up with a land-line number?
Miss a trader in disguise. The classic opener on the telephone is to ask if "the car" is still for sale - a "which one?" response is a dead give-away. Traders sometimes sell dodgy motors 'in disguise', thus avoid legal obligations to repair problems.
And similarly, when selling....

Quote:
Test drives
Never let the buyer go out alone, there's a risk they won't come back. Check they have adequate insurance cover, otherwise you could be liable for any accidents they may have.

Let the buyers follow their own route, as many are suspicious if you dictate which roads to take. Be prepared for people to drive your car hard - but if it's a performance model and they are seriously abusing it, ask them to calm down.
NEVER leave the keys in the ignition when swapping seats. Thieves may try to engineer such situations, so you should be especially aware.

Inspections
Car buyers are now far more willing to pay for used car inspections. If you're serious about selling the car, you shouldn't have any objections. A deposit from the buyer will prove their interest, as should the fact they're spending money on checking your car.

Haggling
Buyers inevitably haggle about the price; it's all part of buying a car. You need to be firm, without being unreasonable. Set a price beforehand and keep it in your head during negotiations.

Don't refuse to take offers - this will see buyers walking away - and don't decline a sale for the matter of £50 or so. It'll cost you far more in re-advertising fees, time and hassle.

Handling the money
In an ideal world, you’ll be paid cash during normal office hours and be able to pay it in immediately (checking for forgeries, of course), but this won’t always be the case.

If you do receive cash, try to get it handed over to you in a bank, so you can pay it in straight away and the cashier can check for fake notes. If your buyer gives you cash outside of banking hours, pay it in as soon as possible.

A far better way is electronic transfer. It allows you to transfer funds online, but it can take a few days, so don’t release the car until the bank tells you the funds have been successfully transferred.

Cheques and bank or building society cheques can cause problems. Personal cheques can be cancelled or issued without the available funds in the account, meaning that if you’ve handed the car over, it could be the last you’ll see of it.

Despite common belief, bank or building society cheques aren’t as good as cash. With quality forgeries changing hands, don’t release the vehicle until the money has cleared.
You should ask the bank if you can draw funds against the cheque. Don’t ask the bank if the cheque has cleared as this can mean something different. If possible, go with the buyer to the bank to draw the cheque.

Ask the buyer for ID with an address and landline telephone number. If something goes wrong, you’ll know where to find them. If they are reluctant to give this information, you should be wary.

Write a receipt for both you and the buyer, stating the car is being sold and make sure you both sign it.
If you see anything you feel is inappropriate posted in this forum please contact one of the moderators by email or PM.
Closed Thread

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 11:28 AM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2017, vBulletin Solutions, Inc.