Taking safe payment for my lorry

StableMum

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9 December 2008
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I've got my lorry advertised for sale and am wondering how do I take payment for it when it sells? I can't expect someone to come with the cash - we are talking quite a lot of money - and I couldn't think of it being driven away with just a cheque that could potentially bounce. On the other hand I wouldn't expect someone to wait until a cheque had cleared before they took it away. Are Bankers Drafts totally secure, as in once they hand it over to you the money is yours? And what if they come from a long way away and want to take it straight away? Sorry for all the scenarios but I really am at a loss about how all this works.
 

Dry Rot

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31 May 2010
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The sellers of my Landrover actually refused cash on the grounds that it might be counterfeit!!!

We both went to the local bank and did a bank transfer. It took about ten minutes.
 

Llanali

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10 April 2008
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If you and the purchaser have Internet banking, you can usually "see" funds almost immediately. They log in and transfer, you log in and check!
 
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