We hope to sell our caravan privately within a week or 2 and wonder what is 
the safest method of ensuring that the payment received is genuine.
We could ask for cash but that is unlikely because of the amount, a personal 
cheque is not really safe so what is there?
Anyone had experience or any good ideas?
Thank you

"Stewart"  wrote in message 
news:g03q30$o3f$1@aioe.org...
> We hope to sell our caravan privately within a week or 2 and wonder what 
> is the safest method of ensuring that the payment received is genuine.
> We could ask for cash but that is unlikely because of the amount, a 
> personal cheque is not really safe so what is there?
> Anyone had experience or any good ideas?
> Thank you
>

Paid for cars and caravans with a counter cheque from bank/BS.

-- 
Regards,
David

Please reply to News Group

Stewart wrote:

> We hope to sell our caravan privately within a week or 2 and wonder
> what is the safest method of ensuring that the payment received is
> genuine.  We could ask for cash but that is unlikely because of the
> amount, a personal cheque is not really safe so what is there?
> Anyone had experience or any good ideas?  Thank you

We sold one to someone with a personal cheque.  We waited until the
cheque cleared, and funds actually in our bank before allowing them to
take it away.  This can take two weeks, though.

-- 
Paul - xxx

'96/'97 Landrover Discovery 300 Tdi 'Big and Butch'
Dyna Tech Cro-Mo comp "When I feel fit enough'

Paul - xxx was thinking very hard :
> We sold one to someone with a personal cheque.  We waited until the
> cheque cleared, and funds actually in our bank before allowing them to
> take it away.  This can take two weeks, though.

Even that is not safe...

Even when the funds from the cheque have been cleared and are in your 
bank, the bank may well later find that the personal cheque is a dud 
and the funds taken back out.

Much safer is a counter cheque from a bank or BS and presenting that 
cheque for validation at the place it was provided for validation.

-- 
Regards,
        Harry (M1BYT) (L)
http://www.ukradioamateur.co.uk

In message , Harry 
Bloomfield  writes
>Paul - xxx was thinking very hard :
>> We sold one to someone with a personal cheque.  We waited until the
>> cheque cleared, and funds actually in our bank before allowing them to
>> take it away.  This can take two weeks, though.
>
>Even that is not safe...
>
>Even when the funds from the cheque have been cleared and are in your 
>bank, the bank may well later find that the personal cheque is a dud 
>and the funds taken back out.
>
>Much safer is a counter cheque from a bank or BS and presenting that 
>cheque for validation at the place it was provided for validation.
>
Sometimes referred to as Bankers Draft. Only accept from a known British 
based bank/building society. If in doubt ring the bank to check the 
validity.

There is a scam which comes around from time to time whereby you are 
offered your asking price and more to ship overseas paid with an 
overseas bankers draft.

It can be anything up to 6 months or so before you get the call from 
your bank saying the overseas draft was stolen and they would like the 
money back from your account.


-- 
hugh
Reply to address is valid at the time of posting

"Stewart"  wrote in message
news:g03q30$o3f$1@aioe.org...
> We hope to sell our caravan privately within a week or 2 and wonder what
is
> the safest method of ensuring that the payment received is genuine.
> We could ask for cash but that is unlikely because of the amount, a
personal
> cheque is not really safe so what is there?
> Anyone had experience or any good ideas?
> Thank you
>
>

If a sale is agreed, ask for a nominal non-returnable deposit in cash.

Then ask the purchaser to arrange with their bank to have the cash funds
available for withdrawal at a branch near you.

Accompany the purchaser to the bank and receive the cash.

"Stewart"  wrote in message 
news:g03q30$o3f$1@aioe.org...
> We hope to sell our caravan privately within a week or 2 and wonder what 
> is the safest method of ensuring that the payment received is genuine.
> We could ask for cash but that is unlikely because of the amount, a 
> personal cheque is not really safe so what is there?
> Anyone had experience or any good ideas?
> Thank you

eBay and paypal. Other than that its the same as for second hand cars: CASH, 
CASH, CASH and count it carefully before getting anywhere near letting them 
hitch it up. If they are genuine, they will expect to be paying in cash and 
if they don't volunteer cash, a genuine buyer should not object. Don't 
accept anything else. Not even a bankers draft as they are forged all the 
time. You have been warned.

Graham

Thanks everyone; as commented on a cheque can clear but the bank can find 
out some time later that there are not enough funds.
I am not sure about cash as we are looking for over £5000 and then you can 
run into money laundering problems with the banks.  I took a large amount of 
cash into my own bank about 2 years ago and they were not happy to take it.
The advice you have given me will be helpful.


"Graham"  wrote in message 
news:K-udnRVdM8m5X7jVnZ2dnUVZ8v-dnZ2d@posted.metronet...
>
> "Stewart"  wrote in message 
> news:g03q30$o3f$1@aioe.org...
>> We hope to sell our caravan privately within a week or 2 and wonder what
<snip>
<snip>
>
>
>

"Stewart"  wrote in message 
news:g04jg8$sfb$1@aioe.org...
> Thanks everyone; as commented on a cheque can clear but the bank can find 
> out some time later that there are not enough funds.
> I am not sure about cash as we are looking for over £5000 and then you can 
> run into money laundering problems with the banks.  I took a large amount 
> of cash into my own bank about 2 years ago and they were not happy to take 
> it.
> The advice you have given me will be helpful.
>

Most people who buy cars/caravans privately will expect to pay cash. I've 
never had any problems paying it into my bank - in fact I've never even been 
asked where it came from. Be sure to count it carefully though.

Neb

"Stewart"  wrote in message 
news:g03q30$o3f$1@aioe.org...
> We hope to sell our caravan privately within a week or 2 and wonder what 
> is the safest method of ensuring that the payment received is genuine.
> We could ask for cash but that is unlikely because of the amount, a 
> personal cheque is not really safe so what is there?
> Anyone had experience or any good ideas?
> Thank you
>
 im surprised no ones mentioned a bank account transfer,this has to come out 
of the buyers account into yours and obviously you check with your bank to 
make sure its arrived - seems safer to me as its not like a cheque or a 
possible forged bank draft and do you have the facilities to check 5000 quid 
for forgeries ? im sure someone will put me right tho ;0)
Howie

In message <zmJWj.3924$1q4.1771@newsfe23.ams2>, howie 
 writes
>
>"Stewart"  wrote in message
>news:g03q30$o3f$1@aioe.org...
>> We hope to sell our caravan privately within a week or 2 and wonder what
>> is the safest method of ensuring that the payment received is genuine.
>> We could ask for cash but that is unlikely because of the amount, a
>> personal cheque is not really safe so what is there?
>> Anyone had experience or any good ideas?
>> Thank you
>>
> im surprised no ones mentioned a bank account transfer,this has to come out
>of the buyers account into yours and obviously you check with your bank to
>make sure its arrived - seems safer to me as its not like a cheque or a
>possible forged bank draft and do you have the facilities to check 5000 quid
>for forgeries ? im sure someone will put me right tho ;0)
>Howie
>
>
Doesn't it have to be initiated in advance? - it's gone from your 
account before you've actually bought the van Also you cannot control 
the time of arrival in the sellers bank account

The good thing about a bankers draft is that when it is handed over it 
defines the completion the purchase. At that point whatever you are 
buying is yours. Whatever you are selling is gone, no longer yours.
-- 
hugh
Reply to address is valid at the time of posting

"hugh"  wrote in message 
news:8n33eoArQBLIFAmi@raefell.demon.co.uk...
> In message <zmJWj.3924$1q4.1771@newsfe23.ams2>, howie 
>  writes
>>
>>"Stewart"  wrote in message
>>news:g03q30$o3f$1@aioe.org...
>>> We hope to sell our caravan privately within a week or 2 and wonder what
>>> is the safest method of ensuring that the payment received is genuine.
>>> We could ask for cash but that is unlikely because of the amount, a
>>> personal cheque is not really safe so what is there?
>>> Anyone had experience or any good ideas?
>>> Thank you
>>>
>> im surprised no ones mentioned a bank account transfer,this has to come 
>> out
>>of the buyers account into yours and obviously you check with your bank to
>>make sure its arrived - seems safer to me as its not like a cheque or a
>>possible forged bank draft and do you have the facilities to check 5000 
>>quid
>>for forgeries ? im sure someone will put me right tho ;0)
>>Howie
>>
>>
> Doesn't it have to be initiated in advance? - it's gone from your account 
> before you've actually bought the van Also you cannot control the time of 
> arrival in the sellers bank account
>
> The good thing about a bankers draft is that when it is handed over it 
> defines the completion the purchase. At that point whatever you are buying 
> is yours. Whatever you are selling is gone, no longer yours.
> -- 
> hugh
> Reply to address is valid at the time of posting

ah the one flaw in an otherwise flawless plan ;0)
 yes its true it does have to go in first, but then again that would be the 
same with a cheque clearing i suppose. its just to be honest i wouldnt know 
a banker draft if it bit me and therefore how would i know if it was forged 
?
howie

Thanks again to all; we have now sold the caravan and been paid in cash.
I bought my first caravan in 1953 and it is now with a lot of regret that we 
are having to give up caravanning, lived in one when we were first married 
(over 50 years ago) and have spent a great many enjoyable holidays in them. 
Despite all the modern aids and equipment I am just finding it too much of a 
hassle now.


"Stewart"  wrote in message 
news:g03q30$o3f$1@aioe.org...
> We hope to sell our caravan privately within a week or 2 and wonder what 
> is the safest method of ensuring that the payment received is genuine.
> We could ask for cash but that is unlikely because of the amount, a 
> personal cheque is not really safe so what is there?
> Anyone had experience or any good ideas?
> Thank you
>