dk345 said:
If it was £25k I'd bite your arm off
jamesbond said:
it is really easy to pay off on the day for a perspective purchaser .. as you can pay online or over the phone, as you get to speak to a human.
What's the done thing in this scenario then, if you don't mind my asking? Does the buyer pay you then you settle with BMW? Or do you inform BMW that the car has changed hands and the buyer settles with them directly?
Basically what happens is .. just say you where going to buy it as a example:
You would come to my house see the car etc fill out all the normal paper work log book slips etc, you then online transfer the money to my account, you can use chaps payment which is quick or if transfering to another account but within he same bank is quick as well ... or cash.
Togther we then phone bmw finance or online and pay them directly via the sellers debit card, as I would have cleared funds from the buyer. Then you drive away with no finance on the car and a print out of the finance settlement.
Or there is a new way now where banks are offering PCP car loans where they pay the seller directly ..
ALso when you meet the seller ask for passport proof of identifcation etc plus you would have the address etc .. you will not have a problem with a honest seller & buyer .. plus you know where the person lives etc. But you can just pay BMW finance on the day via phone, only then would you drive away with the car, this way both the seller and buyer are protected.
regards