old - Fazer Owners Club - old
General => General => Topic started by: mustardbufc on 09 April 2015, 06:49:35 pm
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Hi people, I'm looking for some help/advice.
My son has his bike advertised on ebay, as a classified ad, and someone did a deal over the phone and arranged to buy it without seeing it. Not something I would do, but we've sold his last 2 bikes this way.
The fella was going to transfer a £200 deposit into my son's bank account and then pay cash on collection. Whole price not far off £3k.
My son spoke to him again to arrange the details and he said he was going to transfer the full amount and pick the bike up on Saturday.
He has since spoken to/texted my son and said it was going to cost too much to hire a van for the weekend so was going to arrange for a courier to collect it (he lives 250 miles away).
My son has checked his account and the full amount has been transferred. Obviously we are going to check with the bank that the funds are there and available and not able to be recalled by the buyer. In fact we'll even get the money out of that account into another before Saturday and won't let the bike go until funds are available.
Does this sound ok to people?? I've never done a deal this way before.
Thanks,
Shaun
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Sounds dodgy..although theres a chance it could be legit......dont do it if it is paypal as theres some kind of dodge with paypal where they dispute & suck the funds back out.
If its a bank transfer then im not sure.
I dunno just doesnt seem right to me i say give him the money back & say cash only on collection.
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Bit unusual, strange hes paid deposit and then the full amount without seeing it.hes taking a massive risk on the bike being ok.not suggesting that its not :), if the funds are there I dont think you have anything to worry about, write a receipt in duplicate, one for buyer one for seller, timed and dated with full names and addresses on both,both parties to sign, put new keepers name on V5 and put it in the post.......buyer must be keen, is it a FAZER by any chance :lol..........one last thing, dont forget to share some of the cash with anyone who replys to your post ;)
Oh, dont forget to inform your insurance company that you have sold the bike......
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Can't recall details, but sure there's a scam involving couriers? Be careful...
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If it is a transer into your bank account with sort code and account number an all that then I would of thouht that is it - there is noway for them to get that back unless you give it to them, if paypal are involved then I wouldnt trust it, as that can be "charged back" under a dispute where they could say they never received the bike or whatever
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Has your son actualy seen the money in his bank account...i do t mean paypal but his actual bank????
Or has he received an email supposedly from paypal etc saying that the transfer is complete???
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If he's put the money into your account he can't take it back. So the dodgy bit would you not giving the bike up.
foccin phone keypads
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I know a guy who buys lots of stuff without physically seeing the stuff, and transfers the money, he organises to get it collected or goes himself, he's never had any hassle, so what I'm really saying is not everyone is a crook, but you are right to be cautious, if the real money is in the account, transfer as you said your going to do, then sit back, relax and do the relevant paperwork and send it off once courier has collected it.
I wouldn't get harassed about it personally, if the actual money is there, deal is on, if it's not, deal is off, simples really.
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with paypal if you get paid and withdraw it from your paypal account and then there is a dispute leading to a chargback then paypal will just take it from your card.
If this deal involves paypal in anyway then I would avoid
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:agree What sinto said, money's in your account, non paypal, what's the problem. Give the man his bike.
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sold my trike that way money into my bank and a courier came for it, as long as you have the money it's him taking the risk, as long it's as described then all's ok. don't think paypal covers motor vehicles anyway.
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Thanks for the replies.
No paypal involved. He has checked his balance at the atm and money is showing in his account. Yes, payment was made by us giving him account no and sort code.
You cant pay direct into a bank account with paypal can you?
And sorry red98, it wasn't a fazer
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Chaz, what did you do with the part of the V5 the new owner gets and other paperwork?
Did you do as Sinto suggests?
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He wouldn't be selling it if it was a FAZER ;)............you'll be fine, you've got the money.......just had another thought, hows the new keeper going to sign the V5 if hes using a courier ?
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You cant pay direct into a bank account with paypal can you?
No they cant - you have to transfer from paypal to your bank account
No paypal involved. He has checked his balance at the atm and money is showing in his account. Yes, payment was made by us giving him account no and sort code.
In that case I dont see a problem as that is a one way trip for the money
I would wonder though is there anything someone could do having the account No and sort code and account holders name - it seems a lot of info for a stranger to have.
I dont trust anything me.
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I bought mine of Luke devil's yam in that way I transferred the money to his bank and sent a courier to collect it.
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I would wonder though is there anything someone could do having the account No and sort code and account holders name - it seems a lot of info for a stranger to have.
I dont trust anything me.
They'd have all that if you wrote someone a cheque.
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Red98 -I was going to check that with dvla tmrw, and obviously if he was getting rid of a fazer for something else he would be disowned!
Fazersharp - Apparently no problem with giving someone that, I've checked with the bank previously. All that info used to be on cheques didn't it?
Andyfzs - but you knew him or at least of him
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You cant pay direct into a bank account with paypal can you?
I would wonder though is there anything someone could do having the account No and sort code and account holders name - it seems a lot of info for a stranger to have.
I dont trust anything me.
completely safe, it's the longer roll number required to make purchases, along with the 3 digit security number on back of card
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completely safe, it's the longer roll number required to make purchases, along with the 3 digit security number on back of card
Ahh I see -- so whats yours then
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completely safe, it's the longer roll number required to make purchases, along with the 3 digit security number on back of card
Ahh I see -- so whats yours then
lol why how much you going to put in it?
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I sold my DRZ 400 like this last November, I must admit I was also concerned at first thinking it might have been a scam, but he paid me a deposit and then transferred the full amount into my bank and arranged for a courier to collect the bike. I also transferred the money into another bank account.
Get the courier to sign, stating that he's taken the bike, with the reg No and frame No on the document.
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Hi people, I'm looking for some help/advice.
My son has his bike advertised on ebay, as a classified ad, and someone did a deal over the phone and arranged to buy it without seeing it. Not something I would do, but we've sold his last 2 bikes this way.
The fella was going to transfer a £200 deposit into my son's bank account and then pay cash on collection. Whole price not far off £3k.
My son spoke to him again to arrange the details and he said he was going to transfer the full amount and pick the bike up on Saturday.
He has since spoken to/texted my son and said it was going to cost too much to hire a van for the weekend so was going to arrange for a courier to collect it (he lives 250 miles away).
My son has checked his account and the full amount has been transferred. Obviously we are going to check with the bank that the funds are there and available and not able to be recalled by the buyer. In fact we'll even get the money out of that account into another before Saturday and won't let the bike go until funds are available.
Does this sound ok to people?? I've never done a deal this way before.
Thanks,
Shaun
Shaun, as your now ok about the money it's in the bank so to speak....key into Google "dealing with v5 issues without buyer present"
Rather than me copy and pasting, it'll give you some good stuff about your thoughts, etc
Colin
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Does anyone know how much it would cost for a courier to collect a motorcycle & deliver it 250 miles away? How does this cost compare with van hire + fuel? Unless there is a significant saving then this would make me suspicious. Also, have you checked the buyer's ebay feedback?
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Does anyone know how much it would cost for a courier to collect a motorcycle & deliver it 250 miles away? How does this cost compare with van hire + fuel? Unless there is a significant saving then this would make me suspicious. Also, have you checked the buyer's ebay feedback?
Motorcycle transport is relatively cheap, it's a lot less than hiring a van, fuel etc
I looked into it to get a bike from down south and by time I worked out costs to go and collect it, I was way more cheaper to get it collected, deal fell through but learned it was cheaper ☺
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I had mine delivered from Bristol to Hull for about £120 just over a year ago if that helps.
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Thanks for that sinto, varied responses on those, but general concensus seems to be send it off to dvla unsigned by newnowner.
Rang the bank last night. Money definitely there, available and irretrievable by sender. We'll transfer it today though anyway.
Main problem with van hire I've found, especially if you need an early start, is you have to hire it for a whole weekend, not just a day.
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Sounds like a scam done on a local bike shop, if he his transfering money from a credit card into your bank then the money can be snatched back at any time if the credit card proves to be fraudulent.... by the time this happens the bike is long gone over seas and you are out of pocket. The bike shop that gone done down here had 8 bikes taken this way (I would have been suspicious after the second but there ya go)
I believe the "buyers" were all from the Hull area and its off road style bikes that were being targeted like this
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Yeah i got done by a similar one. Buyer says never recieved bike/wheels in my case then paypal refund full amount as paypal ALWAYS favours buyer. They can even take it back from your bank account.
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Perhaps you could protect yourself from that sort of scam by getting a consignment reference number from the courier when he turns up to collect and verifying it with the purchaser by email or text before letting the bike go.
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Sounds like a scam done on a local bike shop, if he his transfering money from a credit card into your bank then the money can be snatched back at any time if the credit card proves to be fraudulent.... by the time this happens the bike is long gone over seas and you are out of pocket. The bike shop that gone done down here had 8 bikes taken this way (I would have been suspicious after the second but there ya go)
I believe the "buyers" were all from the Hull area and its off road style bikes that were being targeted like this
Is that because it was a business and not an individual I would of thought that it was the creditcards loss. I dont see how it can be snatched back, perhaps you should ask the bank this question too and get it in writing via an email or something.
All this hassle and angst is not worth it I would rather it take longer to sell and wait for someone who can turn up in person with cash, or if he is getting another bike consider part ex
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Ask the buyer what courier company he is using and contact them yourself to arrange a collection time. Is it a courier company or his mate with a van? Maybe take some photos of the bike being loaded, reg number of the van included, as proof of dispatch. A reputable courier should have no problem with this if you explain the situation. You are also covered then if the buyer says that the bike is scratched or damaged when he receives it.
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Supposed to be a reputable company, not just a man in his van. Told him we're expecting to see the relevant paperwork.
Been to the bank this morning. Asked the same questions again as last night. It was a bank transfer from one personal account to another, no credit card or paypal involved. Payment to the bank had a marker saying what it was for.
Money was available and has been transferred to another account. So all looks ok on that front. Will take the advice on the photos and courier documentation though.
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It is such a shame that in this day and age we have to be so mistrusting. It makes it very difficult for the genuine, honest people out there. :\
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I have bought two bikes that i haven't personally viewed. I asked lots of questions and got lots of photos and proof of ownership before sending full amount via bank transfer. One was a fazer on this site, the other was a versys i recently purchased. I sent my own courier. Both bikes were as described and was well happy.
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It was a bank transfer from one personal account to another, no credit card or paypal involved. Payment to the bank had a marker saying what it was for.
Money was available and has been transferred to another account. So all looks ok on that front.
Well from what you've said there, I don't think there is anything to worry about but you are right to be cautious, better to be save than sorry.
If the guy has paid upfront in the manner he has, I would be more than happy to go with the deal and as he was good with his word, yoy should be well pleased and return the favour to him by making sure all the relevant paperwork is done and dusted for him. But as I say in my work everyday...."do a C.M.A. exercise everytime"
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It was a bank transfer from one personal account to another, no credit card or paypal involved. Payment to the bank had a marker saying what it was for.
Money was available and has been transferred to another account. So all looks ok on that front.
Well from what you've said there, I don't think there is anything to worry about but you are right to be cautious, better to be save than sorry.
If the guy has paid upfront in the manner he has, I would be more than happy to go with the deal and as he was good with his word, yoy should be well pleased and return the favour to him by making sure all the relevant paperwork is done and dusted for him. But as I say in my work everyday...."do a C.M.A. exercise everytime"
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Now have the courier details and tracking/order numbers and they all check out. They're a dedicated bike courier.
Dvla said to post him the filled in V5, but send a covering letter to them.
All seems ok. Thanks very much for all the replies.
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Your welcome, Few beers tomorrow night fella once it's out your way.
One last thing before you send the V5, get a copy of it, it's a lot easier to get all the details if needed, but I really don't think you'll have a problem, just anytime I've sold a vehicle I would copy the V5 then I had all details of vehicle till I got confirmation from dvla that details have been transferred to new owner.
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I know im already in the be suspicious camp but all i say is that if it is enough to bother you this much then it isnt worth it already regardless of genuine the deal "could" be.......look after number 1.......but i also appreciate that your son has already commited to something that you (probably through past experience) feel uneasy about & with good reason because you are wise.....but what control do "you" have over it anyway....you can only advise him so far......so long as it isnt yor money then perhaps he will learn the lesson.....or do the same thing again in future because this deal goes well....except with a much more expensive bike...who knows.
One thing is for sure...we will all either be stung or lead ourselves to be stung at some point.....probably better doing it with the cheaper bikes and cars though :b ie non :faz
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Chaz, what did you do with the part of the V5 the new owner gets and other paperwork?
Did you do as Sinto suggests?
sent it with the courier, I'd got the money he got the trike every one happy, except he couldn't ride it as it was a bit of a beast, so he sold it but I was talking to its latest owner and he said it was really well made?
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It was a bank transfer from one personal account to another, no credit card or paypal involved. Payment to the bank had a marker saying what it was for.
Money was available and has been transferred to another account. So all looks ok on that front.
Dvla said to post him the filled in V5, but send a covering letter to them.
All seems ok. Thanks very much for all the replies.
may as well send the v5 with the bike, in an envelope tied to thebars or under seat, or just give to courier ensuring iit's accounted for on the collection/delivery papers
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Ask him to bring a copy of his passport and another form of ID. Have a word with local CID ?
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So mustardbufc, how did it go today? What's the update?
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Well Sinto, amongst all the excitement of this and a busy few days at work, what I hadn't realised was that the courier has been arranged, but then they call us to arrange a time suitable to all 3 parties, and as they were only booked on friday they couldn't do today, so collection will be later in werk or next weekend now. I'll report back when all is done. I hope the purchase of his next bike is easier than this sale!
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Well Sinto, amongst all the excitement of this and a busy few days at work, what I hadn't realised was that the courier has been arranged, but then they call us to arrange a time suitable to all 3 parties, and as they were only booked on friday they couldn't do today, so collection will be later in werk or next weekend now. I'll report back when all is done. I hope the purchase of his next bike is easier than this sale!
Well it all sounds like fun :-P
Keep us upto date, I'm sure it's a learning curve that'll he'll take in his stride being a young yin while the parents sweat over the stuff lol
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UPDATE...
Courier couldn't make the journey worthwhile to keep the price sensible, so the buyer hired a van and collected the bike himself. Nice bloke, all was good, I worried unnecessarily!
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Ha
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UPDATE...
Courier couldn't make the journey worthwhile to keep the price sensible, so the buyer hired a van and collected the bike himself. Nice bloke, all was good, I worried unnecessarily!
Fantastic :-)
I'm real glad there is some decent guys in the world, unfortunately there are some bad yins as well and makes us all be very cautious when things seem to be dodgy.
Really pleased that it all worked out and you got your money, he got his bike and we all had our views. :-)
I'll have a double Jack Daniels honey with coke on the rocks for my input please :rollin