Anybody have experience in selling a car privately? - HotUKDeals
We use cookie files to improve site functionality and personalisation. By continuing to use HUKD, you accept our cookie and privacy policy.
Get the HUKD app free at Google Play

Search Error

An error occurred when searching, please try again!

Login / Sign UpSubmit

Anybody have experience in selling a car privately?

Issue One Avatar
8y, 3m agoPosted 8 years, 3 months ago
So I've got my car up for sale. It is my first car and thus my first sale of a car - so could anyone out there be helpful enough to shed light on the process of selling your car privately. I mean as much as I would love a buyer to come, hand me an envelope full of cash and drive my car away...I know it doesn't happen like that does it.

What forms would we (buyer and seller) have to fill out and would I have to wait until I am not insured on my car etc etc? And approximately how long do you think it would take?

Thanks HUKDealers
Tags:
Issue One Avatar
8y, 3m agoPosted 8 years, 3 months ago
Options

All Comments

(13) Jump to unreadPost a comment
Comments/page:
1 Like #1
Always get them to sign a receipt (dated) with both your names and addresses on as "Sold As Seen". Therefore if it breaks down in a week or 2, your covered from any comebacks.
1 Like #2
Make sure they fill out the registration document and you send off the big part to dvla and give them the little green part. If you don't send it off you're liable for any parking, speeding fines etc and youll also get a nice £80 fine if they dont tax it! Other than that, receipt and sold as seen as said above. Dated and signed by both parties! Good luck with the sale.
You dont have to wait or anything just take the envelope of cash (make sure its not fake) and let them take the car.
1 Like #3
If you take a deposit of say £50 they cannot have it back, a deposit is not returnable so if they change their mind you can keep it towards advertising again. All you have to do is give them a receipt saying deposit for ....... and sign it. It happened to me once and they changed their mind a few days later, the other callers had been told it was sold and the ad had finished, they demanded the deposit back. I took legal advice and was told not to return it and it paid for the next ad.
#4
jtx

You dont have to wait or anything just take the envelope of cash (make sure its not fake) and let them take the car.


But doesn't that mean if they commit any driving offences it will turn up at my door step. And what about my insurance, as it will be insured under my name...and ideally shouldn't I wait for them to be insured on the car.

Thanks for all the advice guys! Keep it coming!! :)
#5
Issue One
But doesn't that mean if they commit any driving offences it will turn up at my door step. And what about my insurance, as it will be insured under my name...and ideally shouldn't I wait for them to be insured on the car.

Thanks for all the advice guys! Keep it coming!! :)


As stated above ensure you fill out, sign and send off the correct part of the vehicle registration document. Also call your insurance company the day you sell it, to ensure you're not paying for cover when you dont need to be, if its pre-paid you may get some back or transfer to your new vehicle. As far as i'm aware, if they are covered by insurance, or not, is down to them.
#6
Ok sorry to sound slow but I want to be sure.

So someone comes and views the car, then gives me the money. We then fill out the paperwork, and then they can take the car. Afterwards I call my insurance company and tell them about it and I send off the paperwork the next day.....and thats fine? I don't have to wait for it to be processed THEN they take the car? Sorry..just to confirm. Can't be so sure with these things :S
1 Like #7
I have never waited (in 4 car sales) Good Luck :)
1 Like #8
I've bought loads of cars through the the ad-mags and local papers and sold a few too . The last car I sold was through ebay . A few tips :
Always accept CASH , no cheques [ unless you/buyer waits 5 or 6 days for clearing ]
Have the car cleaned and polished ready for prospective viewers .
The advertised price is a little more than you than you'd accept and be prepared to lower it a little [barter]
You Take it for a test run .........NEVER let them have the keys or drive the car ...YOU may never see it again !
Prepare a bill of sale and countersign it after they have purchased the car ................the important bit ..........
make sure you have SOLD AS SEEN on the bill of sale .
Do your research , find out what the car is actually worth in the second hand market .

These are some of the important issues with selling a car and remember .....stand your ground , you'll always get some tyrekickers trying to take it off your hands at a giveaway price .Dont give in .
#9
Issue One
Ok sorry to sound slow but I want to be sure.

So someone comes and views the car, then gives me the money. We then fill out the paperwork, and then they can take the car. Afterwards I call my insurance company and tell them about it and I send off the paperwork the next day.....and thats fine? I don't have to wait for it to be processed THEN they take the car? Sorry..just to confirm. Can't be so sure with these things :S


Spot on :thumbsup: I buy and sell cars part time and have sold hundreds.
1 Like #10
Agree with above - I have sold a few cars and have always had cash - it's the only way. Give a receipt stating sold as seen.
#11
Thank you all! Enjoy the rep.
#12
just making a note of this as will b helpful in near future .... thanks
#13
All good advice, especially relating to money. Just a word on 'sold as seen though'. A buyer may reasonably come back to you if a part of the ad or even something you told them turns out to be untrue. So if you have described it as 'drives beautifully', then they may expect it to have no engine or gearbox faults, and if you state that car has had 'a recent full service' then they may also reasonably expect this to be true (i.e., not just an oil change 8 months ago). 'Full service history', should also be just that and if you are not sure of the correct milage, don't claim it as correct. So 'sold as seen' isn't a universal get out for any fault with the car, or lie in the ad or sales pitch. You might also get into trouble if you knowing sell a car that is not safe, for example if it has faulty brakes. So ensure that your ad is accurate and don't get carried away with your descriptions. If you are asked a direct question, tell the truth. This way you won't have the hassle of a buyer coming back to you and giving you hassle. A sensible buyer might expect things like milage and any other important information to be on the 'bill of sale' you write up.

Post a Comment

You don't need an account to leave a comment. Just enter your email address. We'll keep it private.

...OR log in with your social account

...OR comment using your social account

Thanks for your comment! Keep it up!
We just need to have a quick look and it will be live soon.
The community is happy to hear your opinion! Keep contributing!