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3,199 Posts
OK, so at the ripe old age of 37, having been around cars all my life, driving and taking apart/putting together for 20 years and buying in regular frequency too, i still have to ask some advice!
As you guys are no doubt aware, i've sadly had to sell the Jazz golf.
I may be cabbage-looking but not green! so i've covered all bases with the sale of the car, and have asked for a cash deposit (on it's way via special delivery right now)
Now, as far as the 'settlement' balance is concerned, that IS the largest chunk, amounting to around 95% of the total sum.
A sum of money that I want to handle in the safest way practical.
It's likely the buyers (who are very nice folk as far as i can tell) will arrive on a weekend to pick up the car and take it.
I don't want them bringing cash of five figure sum for their safety, my safety, my home and families safety - I mean, just think of the possible problems that could occur!
So, it's gonna have to all be about trust.
I've taken personal cheques TWICE now in the past, and TOTALLY regretted it, having sleepless nights until the funds clear (both times they did)
[Second time, i even tried some not-recommended detective trick to see if the cheque was genuine and rubbed water on it only to find the printing coming off!]
So, I have asked the seller to post me a B/society or personal cheque and i'll let it clear into my account before they come over for the car.
They see this as OK but would prefer to keep some security for their money and bring the b/soc cheque when they come over.
The big question is;-
Are building society cheques THAT secure and how can you make it fool-proof??
(can i call their branch beforehand and get assurance? is this 100% safe ?)
Any advice welcome.
As you guys are no doubt aware, i've sadly had to sell the Jazz golf.
I may be cabbage-looking but not green! so i've covered all bases with the sale of the car, and have asked for a cash deposit (on it's way via special delivery right now)
Now, as far as the 'settlement' balance is concerned, that IS the largest chunk, amounting to around 95% of the total sum.
A sum of money that I want to handle in the safest way practical.
It's likely the buyers (who are very nice folk as far as i can tell) will arrive on a weekend to pick up the car and take it.
I don't want them bringing cash of five figure sum for their safety, my safety, my home and families safety - I mean, just think of the possible problems that could occur!
So, it's gonna have to all be about trust.
I've taken personal cheques TWICE now in the past, and TOTALLY regretted it, having sleepless nights until the funds clear (both times they did)
[Second time, i even tried some not-recommended detective trick to see if the cheque was genuine and rubbed water on it only to find the printing coming off!]
So, I have asked the seller to post me a B/society or personal cheque and i'll let it clear into my account before they come over for the car.
They see this as OK but would prefer to keep some security for their money and bring the b/soc cheque when they come over.
The big question is;-
Are building society cheques THAT secure and how can you make it fool-proof??
(can i call their branch beforehand and get assurance? is this 100% safe ?)
Any advice welcome.