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Caveat Venditor

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Warsash 2
Posts: 332
Joined: Sun Feb 28, 2016 1:53 pm
Location: Southampton

Caveat Venditor

Post by Warsash 2 »

Hi All
My first post on the new forum.
I have recently been selling my 1998 Daimler XJ8. I advertised on Autotrader, The Classic Car web site and the JEC web site. After some interest and e-mails from the modern equivalent of tyre kickers. One bloke sent a classic car specialist to survey the car and his report was full of inaccuracies. The other visitor made a derisory offer. Then there was the scam from some one called Mary Collins who offered the asking price and said she would send me a cheque for more than that to cover transport. After a bit of tooing and froing I received a cheque with no covering letter for 7000 euros, over twice the asking price. The scam is that you pay this into the bank and after 3 days they ask you for a cheque for the balance. What I did not appreciated was that all the cheque may "clear the bank in 3 days. Upton 15 days later the bank can take the money back. Also cheques should have a watermark visible under ultra violet light. The lady at our bank took me all through it all so I never transferred the money. Any one want to make me an offer for a French cheque for 7000 Euros!
In the end I sold it at auction at Barons Auction at Sandown Park were the buyer could have bought it cheaper from me! The financial services people had there bit. The Auction house will send a cheque 8 days after the action. I stopped the insurance and the broker, P D James did the business in less than an hour, but the insurance company takes up to 80 days to pay me £30.
Hopefully I will not want to sell a car again soon.
Regards

Colin

Petelang
Helpful Person
Helpful Person
Posts: 424
Joined: Sat Feb 13, 2016 10:23 am
Location: Nottingham
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Re: Caveat Venditor

Post by Petelang »

Insurance company = theiving crooks!
Peter Langridge
Cloud Nine Classic Weddings, Nottingham.

Sydsmith
Extremely Wise Man
Extremely Wise Man
Posts: 1369
Joined: Sun Feb 14, 2016 11:15 pm
Location: Aberystwyth Wales

Re: Caveat Venditor

Post by Sydsmith »

No such thing as cheap insurance.

Friend of mine has just had to pay £35 to change her address plus £18 administration fee, plus £12 post code difference fee, £65 on a policy which cost £280 for a years comprehensive cover with just 8 weeks to go. She moved just 12 miles in a rural area.

To rub salt into the wound they told her she had no cover for a loan car if she was hit by an uninsured driver, they wanted her to pay another £28 to add that cover.

The original cover was very competitive, but the penalty as with cheap flights was in any changes you may need to make later.

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