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Buying a car from dodgy looking company . . .

4 replies

sayjay · 29/03/2011 22:20

I think you're going to tell me not to bother.

My car was written off and I have found a suitable replacement / slight upgrade for the exact amount of the insurance pay out. Hurrah.

But . . . the outfit looks very dodgy. Knock off DVDs scattered about the office. Would only accept £100 cash for deposit. Will only accept cash or balance transfer for balance (£1200).

I don't think my bank will give me that much cash without prior arrangement and I am not comfortable carrying that much actually. But I am concerned about balance transfer. I want to know that the car is as agreed ie taxed / MOT / minor repair before releasing any money. I assume the owner will want to know funds are in his bank before releasing the car. Would you transfer funds on the day you go to collect and are satisfied as to the condition of the car? Will I have to go twice - once to inspect, and once to collect after funds have cleared (its a fair drive away and I need a lift!)

I obviously suspect tax evasion as they insist on cash and refused my suggestion of a bankers draft. SHould I report my suspicions and to whom??

Urgh. WWYD? I really want this car as I'm FED UP of car shopping and FED UP of not having a car.

OP posts:
annapolly · 29/03/2011 22:23

Trust your instincts and run the other way. How will you feel if you have no money and no car.

sayjay · 29/03/2011 22:25

Have asked to move this money matters btw, sorry, posted in wrong section.

Annapolly - will lose my deposit then though :(

OP posts:
Collaborate · 29/03/2011 22:53

Doesn't suggest a tax dodge if they would take a balance transfer. But I agree it's dodgy sounding. Do an HPI check or you might be buying a stolen car or a car still under HP.

YummmyMummy · 30/03/2011 20:23

No no no! Me and DH bought a car off ebay a few years ago from a dodgy garage. As soon as I arrived I felt something was up. We ended up giving it away and the person returned it because it was so awful! It ended up getting scrapped I believe!

Lost all our money.

Just don't do it!

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