Selling car, meeting buyer, what now?
November 10, 2012 3:27 PM Subscribe
Selling a car in the UK. Buyer v.keen, wants to see car and buy it ASAP (Monday). What do I need to do, and how can I protect myself against any scam?
posted by piato to work & money (4 answers total)
I advertised my car on Gumtree this morning. One buyer emailed almost straight away, and we did the haggling on the phone and agreed a price and a meeting time. He says he's buying the car as a present for his wife, hence his hurry (it's a Prius, which is moderately obscure here, so this is believable).
I've told him to bring cash, and we live very near a bank, so I think I can protect myself against payment fraud. I presume I'll need to prepare some kind of document of sale - basically filling in the blanks of this template: http://www.theaa.com/motoring_advice/car-buyers-guide/cbg_sellerscontract.html . Is there anything else I should be doing or worrying about? Is this what a 'v5' book is used for? We also don't have insurance to cover the test-drive that the guy will presumably want - am I right to understand that he needs to provide this himself?
I know nothing about cars (and can't drive!) so please don't assume I know anything whatsoever!