car offer

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hasbo

Apr 27, 2009
111
6
18,585
Hi Folks

Just spoke to a friend of mine who has his Kia Sedona for sale online with autotrader.co.uk. He has been approached by a very well known car dealership called Evans Halshaw (who was called the Reg Verdy group) offering to buy his car unseen and payment would be made by telegraphic transfer into his bank account, before the car has been picked up and the log book has been signed (so in effect he is willing to buy the car before it has been seen). Anyone had an offer like this, and what do you think.......thanks c&p
 
Mel

Mel

Moderator
Mar 17, 2007
6,088
2,128
25,935
Presumably your friend first has to hand over his bank details. Sounds like a scam to me.

mel
 
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Mikey1

Nov 4, 2004
1,191
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Why would a huge car chain be a scam?

I would check out that it is Evans Halshaw who are calling you

You are not talking about a guy ringing up and asking for details etc as long as you do your homework and are 100% sure that its them as traders do ring people who have cars for sale as used stock is very difficult to get hold of now.

I wouldnt hand over my bank details i would ask for a chq and make sure its 100% cleared before releasing the car,sounds like your car is cheap for them to buy with no haggling,as they want to make money
 
xtrailman

xtrailman

Mar 10, 2006
3,274
47
20,685
If it is a scam, can some one explain how your account will be attacked?

I must have my bank details in the hands of a lest 10 different organisations.

When i sold my Audi, it was done via bank transfer, i gave him my bank details to effect the transfer, was i at risk?
 
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MartinJ

Feb 24, 2008
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This happened to a friend of ours.

The fraudsters fill in a false standing order mandate with the bank details obtained.

The bank sets up the standing order and sends money (in our friends case
 
H

hasbo

Apr 27, 2009
111
6
18,585
Hi Folks,

Just a little update, spoke to my friend today and the car sales company have rung him and said that they are going to do the carps transfer tomorrow am he is to ring the bank after 1pm and confirm the money is in his account. Then is says that they will arrange to have the car picked up.
 
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Gumbo

May 25, 2008
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Sold an Audi recently to a dealer they flew a driver up from London to Manchester. They paid by bankers draft (which was faxed the day before) so I called the bank branch it was drawn on and they confirmed the dealer was genuine, and it was their draft. As good as cash!! At some point trust has to come into it, if it's not cash. Afterall you could be selling a stolen car/caravan !!!
 
T

TD42

Nov 5, 2006
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a bankers draft or the like can be recinded up to a month in the future you will see the money in your acc as the bank has in effect given a loan. when the bank finds that the cash from the sender is not forth coming they take their money back.

the safest way is a bank to bank transfer which Evans Halshaw should be able to do .OR go to the dealers premises & pick up the check & wait until it cleares before parting with the car this way you can be sure the buyer is at least legit
 
S

ScouseIan

Apr 23, 2007
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Sounds very fishy to me.

NOBODY buys a car without seeing it.

What model is it? year, Mileage, etc. Maybe they priced it way too low.

Ian
 
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WilliamLX

Jul 25, 2007
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a bankers draft or the like can be recinded up to a month in the future you will see the money in your acc as the bank has in effect given a loan. when the bank finds that the cash from the sender is not forth coming they take their money back.

the safest way is a bank to bank transfer which Evans Halshaw should be able to do .OR go to the dealers premises & pick up the check & wait until it cleares before parting with the car this way you can be sure the buyer is at least legit
Click to expand...
No a Bankers Draft that is genuine can not be recalled. That is the whole point of them. This is an urban myth.
 
M

Mikey1

Nov 4, 2004
1,191
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Every car has a trade value and an expected condition and milage for it age.

If you look after your and its immaculate its still worth the same it just make it easier for the saleman to sell.

Dealer are always buying blind from auctions.

Like you said maybe its underpriced and he has a buyer lined up?
 
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