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[Sir Tigger KC]

What are the issues in handing over your bank details?  ie  Some clever bugger hacking into your account? 

I think a few years ago Clarkson declared that it was impossible for someone to take money from a bank account with just the account number and sort code and published his bank details.  Some one took £20 out of his account and then put it back, just to prove it can be done! 

[STEMO]

Good tips there. Bank transfer while I wait is probably best, although I wil still have to give account details.

You give out your account number and sort code every time you write a cheque.

[Sir Tigger KC]

True.  When did you last do that? 

[shyboy]

As said above, cash can be a problem these days unless you take the payer to a bank and have the money checked when paid in.
Safest way is bank transfer, ensure the money has appeared in your account, and then, if you are paranoid like me, immediately change your password.
Not everybody is that worried about doing that however. I recently sold my wife's car to the parents of a relatively close friend who were happy to do the bank transfer and then wait for me to deliver the vehicle almost one week later.
I just could have been an inveterate crook rather than the "most honest person in the whole wide world" as far as they knew. 
(That reminds me. I must get round to dropping the car off sometime). 

[STEMO]

True.  When did you last do that? 

Last nephew's birthday.

[STEMO]

Cheques in the UK amounted to £442 billion in 2018. 

https://www.chequeandcredit.co.uk/information-hub/facts-and-figures/key-facts-and-figures-0

[Shackeng]

I write about 5 cheques per year.

[Field Marshal Dr. Opti]

I write about 5 cheques per year.

Whatever you do don't accept any 'white fivers'......

[biggriffin]

 Over all the years I've sold cars, nearly always been cash, and I've sat and counted the lot,, I've accepted cheques, and told the buyer you can have the car once the cheque has cleared,, if the buyer is genuine they won't mind waiting..

I've sold via, gumtree,eBay, and local press.

[STEMO]

I find there's not that much difference between a private sale and what you get offered on WBAC. BUT..........I've never actually sold a car to WBAC and, I believe, they try to haggle once you present with the car and, of course, there is an admin fee.

[Andy B]

What are the issues in handing over your bank details?  ie  Some clever bugger hacking into your account? 

I think a few years ago Clarkson declared that it was impossible for someone to take money from a bank account with just the account number and sort code and published his bank details.  Some one took £20 out of his account and then put it back, just to prove it can be done! 

I thought a standing order had been set up from his account to some kind of charity

[Andy B]

when we sold a caravan a few years ago, the buyer just transferred the money into my wife's bank account via his interweb banking on his phone

Which is how I paid for the audi when I purchased it a few months back ....    Seller saw the money arrive in his account before the kettle had boiled !!

It wasn't that straight forward when I bought a car a couple of weeks ago. When I told the seller that my bank was Santander, he said I bet you'll have to phone them too ... I did. After half an hour and no money transferred to his acc I phoned Santander who asked various security questions & asked if I could see the car and hadn't just transferred money to someone on line etc etc. The couldn't really be faulted but it meant another 20 mins on the phone to my bank.

[Field Marshal Dr. Opti]

when we sold a caravan a few years ago, the buyer just transferred the money into my wife's bank account via his interweb banking on his phone

Which is how I paid for the audi when I purchased it a few months back ....    Seller saw the money arrive in his account before the kettle had boiled !!

It wasn't that straight forward when I bought a car a couple of weeks ago. When I told the seller that my bank was Santander, he said I bet you'll have to phone them too ... I did. After half an hour and no money transferred to his acc I phoned Santander who asked various security questions & asked if I could see the car and hadn't just transferred money to someone on line etc etc. The couldn't really be faulted but it meant another 20 mins on the phone to my bank.

What is it , Mr Beanz?

Not the Merc finished in BL brown.

[Field Marshal Dr. Opti]

I find there's not that much difference between a private sale and what you get offered on WBAC. BUT..........I've never actually sold a car to WBAC and, I believe, they try to haggle once you present with the car and, of course, there is an admin fee.

They've offered me another £700. About £3600 increase in the last couple of months.

[Andy B]

....
Not the Merc finished in BL brown.

It's another Smart to replace the other Fortwo that died & wouldn't fix .... to be kept alongside the Vermilion ML