Hi, I posted my car in Gumtree he agrees to pay me $18500 via bank but the payment is scheduled for tomorrow, but he wants car and paperwork right now. I am worried that payment didn't show up in my account, how can I give my car, he might cancel it anything.Until the amount show up in my account I am not willing to give my car.But he is putting a pressure on me that I am cheating him.
Buyer Paid Schedule Payment of $18500 for Next Day for My Car, but He Want The Car Today
agam2104 on 04/11/2017 - 15:37
Last edited 06/11/2017 - 09:09 by 2 other users
Last edited 06/11/2017 - 09:09 by 2 other users
closed Comments
Yeah first thought I had reading this: it probably wasn't your fault….
Yeah be careful.
I was selling a Gear s to who i thought was a friend at work. He got new job and but planned on buying before it.
anyway he sat with me and did the bank transfer into my account, he left and i waited for money to come into my account.
waited a week. then called the bank. They said it was cancelled by the guy shortly after the transfer. He changed his numbers and now i lost $100. i don't even care about the money. You think you know someone? Karma will get him.
But this guy sounds dodgy. Wait until money comes in please. that's a lot of moneyYour former friend sounds like scum. I can't believe anyone would do that to scam you out of $100. Sometimes people make me lose faith in humanity.
When I was 17 and very naive about cars, I inspected this guys Lancer and looked in the engine. I forgot about the bonnet stand and pushed down on the bonnet to close it, denting the bonnet as the stand was still locked in place. The guy didn't care and drove off. I later did a quick REVS and found out it was stolen.
Unfortunately karma isn't actually a thing. Nothing will get him and your $100, but at least you learnt a good lesson.
Imagine the people who do give there cars
Karma will get him. we just need to post his picture and scam online.
so more can learn from it.
thanks for posting this. this guy sounds like real scum.
no such thing as karma. better off being active rather than praying for help
Sometimes karma needs a helping hand.
Just like Santa Claus. Daddy, what was Santa doing to mummy on the stairwell? I think they were praying because she kept saying "oh god!" again and again.
stand your ground mate simple, NO PAY NO LAY
No money no honey.
No bread, no tread.
No cash, no gash.
You don't obviously give the car without payment, plain and simple. I don't understand why you're even contemplating about it.
Even calling 000 which is for emergency only.A stranger in your house who refuses to leave is an emergency!
I would absolutely feel like I was in immediate danger, therefore 000 warranted.Yes, Thanks for pointing out the obvious. I'm simply saying he should have not call 000 to check on this. Unless there is a real threat.
This is why if you are nice you lose. Remember to be an asshome because they always win
Why are you even on here? Looking for a lesson in common sense?
Not sure what gumtree has to do with it. Same scam could happen on both!?
- Dont accept a bank transfer for selling a car - buyers should use a bank cheque, especially for a amount such as $18,500.
- Don't call 000 for something that isn't an emergency (look up emergency if you need to learn).
Bank cheques can be cancelled too.
When you read seller information on sites like car sales, they say they are no guarantee of the money and can be cancelled.
Well then you go down to the bank with the buyer and deposit the chequered first.
stranger in your home that won't leave and is being threatening sounds like an emergency to me…
yes! you can call 000, when u feel your life in danger and threaten from someone. (intimidate and violent)
Is this a serious post? What a waste of everyone's time.
Goods should never be released until cleared funds in your bank account are confirmed.
No different to receiving a cheque as payment.Err isn't it simple? He doesn't get the car until the payment clears. Where's the complication?
No Money in Account, No Car!
Interesting post. Live feedback with live help.
Always remember No Money No Honey.
Smell the money first then he can smell the exhaust.
Quite poetic.
WTF ??
I wouldn't mind some of what you are smoking
At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.
6K at best? What are you smoking?
Edit: Comment was at the bottom of the first page and it appears that someone has beaten me to ask OC what they're smoking :p
Few things wrong in this reply. The person was (highly likely) never going to pay the $18.5k for the car, at all. A previous reply said they didn't even haggle the price. They were effectively going to steal it. They didn't care about the price, because they weren't going to pay for it anyway.
In relation to the "you're liable until you lodge the transfer paperwork" - this is false. I've sold a car before, and received a speeding fine shortly afterwards. I simply provided a scanned copy of the signed transfer papers, along with the new owners details (can't remember if I also completed a stat dec or not as well), and sent them back to the government. Never heard about it again. If you've sold the car, and have evidence, you're not liable.
Where are you buying 4 year old Camrys for $2-$6K? Cheapeast I'm seeing on Carsales are $10k and up. $13k and up if you're looking for < 100,000 kms.
True that. Sold my 2010 Camry with only 85k on the clock for $10200
Hey, iamagirl1969, I almost want to upvote this post for it's sheer stupidity on an another level!
I don't think I've ever read such ramblings of a mad person. Please let us know what substance/s you are taking? WOW!
above someone has suggested accepting a bank cheque.
unfortunately bank cheques can be canceled.
it is fraud to buy something with a bank cheque and then cancel it but that wont get the property you sold back.
you then have to take the scum bag to court to get your property back.
cash is king as long as they are not fake notes.Agree but what it's a large amount eg 40k
Are you sure? I asked this specific question of my bank, and they said the opposite. That once the account holder requests a bank cheque, it's withdrawn from their account and they can't 'claim it back' without producing the original cheque.
That's my understanding too. Hence why car dealerships, the RTBA etc all require them.
Once they're written, the funds are secured.unfortunately the person who bought the bank cheque can cancel it, as i stated before its fraud but you have to chase the thief for your asset because once you sign the transfer paper and provide a receipt the car is not yours any more.
i know someone this happened to
Bank cheque isn't personal cheque.
With bank cheque the money is deducted straight away and you can't cancel it unless you can produce the original cheque.
@tomleonhart: not true, I got a bank cheque for a house deposit recently and the teller told me if anything goes wrong just come back with the stub and it can be cancelled.
Screams "scam"to me. I'd also be suspicious of the bank payment unless it's a direct transfer done in your presence.
Imagine using this logic at the local brothel.
I have transferred the money , it will be there tomorrow, but demand action nowUsername checks out :)
Wait till the money clears. Friend took a cheque, they took the car and the cheque bounced. It took underworld connections to get the car back.
This is a dodgy deal for sure as he done a scheduled transfer which he can cancel till the day the money is supposed to transfer. Its pretty much like setting up an auto pay and you can cancel anytime before the money is paid to the other account which in this case would be tomorrow.
If he done an instant transfer from his online bank account and infront of you guys where the money leaves his account straight away will be hard to cancel. The money might take 1 or 2 days to clear due to different banks but still its safe/safer.
These last few days, I sold my car as well as bought one that too interstate privately so been going through a bit of these issues and its headache to be honest and when its a private sale theres no better/safer way to do it. End of the day the difference selling the same car to a dealer would be 6-10k less than the value of the car. Buying a car from a dealer is 6-10k more than the value of the car. Its risk vs rewards.
In the end the money never came that guy never called.I just got saved , this was a good experience for me and in this world such shit people live.
Not every reply you get on this forum is helpful, but there were enough people here warning you not to part company with your car until the cash was in your account.
Thankfully you listened, and won as a result.Thank you for posting this. I actually learned a lot from reading the comments with advice on here. Also, not sure why you were heavily downvoted when you said you called 000, as they were on your property and not wanting to leave/pressuring you.
000 is for emergency. OP is not.
just curious but who exactly would you call if someone won't leave your property?
@jaackyy: There's the 131 444 number for non-urgent police calls, eg. to make a report or complaint about someone.
But if you feel there's "any incident which poses an immediate threat of danger to people or property" then that's one of the listed reasons for calling 000 (ref: WA police site).
Just a PSA to anybody: Even if you see the person do a bank transfer, that doesn't mean you'll get the money.
Bank transfers can be cancelled, all it takes is an immediate call to your bank saying "I put in the wrong details" and they can cancel the payment before the batch is processed. Even once the money's hit your account, the person could lie and say that they've made a mistaken payment and your bank is within their rights to return the money without asking you if they believe it to be a mistake. To protect yourself, once the money's hit your account, transfer it to another account of yours (even if it's with the same bank).
Is this true?
I tried to cancel a direct deposit I made via internet banking that cleared into the other parties account and my bank told me they can request a refund from the recipient but they are under no obligation to comply. once money clears then it's too late.There is something called a "mistaken internet payment" which has a very specific definition. Essentially if you transfer money to the wrong account because you entered the wrong account number, chose the wrong account from your address book or some other mistake which caused you to enter the wrong details, and you report it within 10 business days, the other bank can take it without asking the person who received it for consent. After 10 days but less than 7 months they'll ask the recipient for proof that they're entitled to the funds.
Apart from the specific definition of a MIP, so if you changed your mind, or you got scammed or something, the recipient bank will always ask the recipient for consent.
Over pays for the car, no questions asked, no checks or tests, says they made the payment but no proof, aggressive buyers… it’s a scam. Tell them to call police. Police won’t care. Tell them to call in the lawyers, by the time lawyers get to giving a shit about it, money will have transferred and you can tell the lawyers he needs to pick up the car before you start charging the buyer storage fees…
This is why I never let anyone near my house while I am selling a vehicle. Once it’s paid for, then you can pick it up or I will drop it off. If you want it the same day, bring cash. If it’s more than about $5k, I take them to the bank, get a bank cheque done up and take the bank cheque from them on the spot and to my bank. Direct deposit needs to clear if they use that.
No money, no car. No deal? No problem.
So where you show your car to a buyer ?
Public area. I usually pick shopping center car park or fuel stations. Places that have plenty of people and security cameras. Take someone with you in another car in case you do sell the car and need a ride home.
If they arrive with cash, then sell them the car and fill out the paperwork. If they say they will do direct deposit, give them your direct deposit details and inform them that the car will not be released until funds have cleared.
Same with bank cheque. Never accept a bank cheque and hand over the car. Treat bank cheque like direct deposit. Once it clears, then they can collect the vehicle,
Last of all, NEVER invite anyone into your house that you do not know. Always conduct everything in your driveway within full view of neighbors. Do it during daylight hours.
Yeah next time I will keep this in mind.
Aren’t you supposed to fill in the transfer of ownership form and put you details including your address on it if you actually end up selling the car?
@samBee: “after” you sell the car, yes. Before you sell the car, no. There is no way on gods green earth am I giving some random the address of where I keep the car I am trying to sell. If they buy it and pay for it, then they can feel free to know what they need to.
I wont buy a car if they dont meet me at their house (outside is fine). I can understand it if it is a collectible or other theif magnet but for a normal car… I wanna actually see their house. If they look after their house - fair chance they look after their car. Opposite is also true. Its also a good way to identify dodgy non-lmct multi vehicle sellers which are quite common (they will have multiple cars parked at their house).
I wouldn't buy a car if the owner refused to meet me at home, it would make me suspicious tbh.
I would rather have you suspicious and not buy the car than to risk inviting someone like what OP had come over. I don’t want anyone who isn’t a genuine buyer knowing anything more about me than what they need to for my safety and that of my family and my property. That trumps all your “suspicions”.
If I get a genuine buyer who wants to pay for the car, I will tell them to make payment at my house as I need to get home. They will get my address from the transfer paperwork anyway. But until that point, it’s easier to weed out the tyre kickers and possible scammers/thieves by setting a public place to meet.
If you didn’t want to come and view the car in a public space initially, then I too would treat you as suspicious and/or a time waster. A genuinely interested buyer would have no issues. Time wasters and tyre kickers are too lazy and nefarious individuals don’t want public scrutiny.
Use a bank cheque in future, that way you are alot safer.
I get a bank cheque, walk out of the bank, walk back in 10 mins later and say I lost it and want it canceled. They cancel it. I go to your house, give you the cancelled cheque and leave with your car. You cash the cheque and its no good… How is that “safer”?
PS:
alota lotOut of interest, have you actually cancelled a bank cheque before?
Was it actually that quick and easy?I have had to cancel one from a seller who bullshitted about their vehicle when I went to view it. Cost me money to get it cancelled but it was only like $10. Money was returned instantly.
@pegaxs: And did you hand the cheque back to the Bank?
Or was the cheque already with the Seller?I've been through the same thing, but I handed the cheque back to the Bank, just like cashing my own cheque back into my account (also charged $10).
because it was a failed sale,( ie: car was a heap of shit) I just went back with the cheque and the cheque receipt and asked for it to be cancelled. I handed the cheque back because I didn’t want/need it.
The same happens with lost bank cheque. You only take the cheque receipt slip back in and cancel it stating it was lost. They will check to see if it was cashed or not and cancel it.
The ONLY way I accept bank cheque is if I go to the bank with the buyer, they get the bank cheque and the receipt slip and give them both to me as soon as they get it. I go directly to my bank and deposit it. That way there is no time to cancel it
@pegaxs: Pretty sure you can't cancel a bank cheque unless you still have it in your possession. Well, that's what my bank said anyway when I asked that exact question, worried I could be cheated. I haven't done one for a while, but as I remember, the money shows as a withdrawal as soon as they print you the cheque, which seems to confirm.
@GregMonarch:
Can you ask the bank stopping payment for a lost bank cheque? Btw, it probably costs you a bit for the bank charge.Pretty sure you can't cancel a bank cheque unless you still have it in your possession.
So, what you’re saying is, if I get a bank cheque out for, let’s say, $18,500 to pay OP, and on the way to pay them, for what ever reason the bank cheque gets lost, damaged beyond recognition, stolen, burnt, (you get the point) that the bank would not cancel it? So, essentially telling me I have lost my $18,500?
I can tell you for a fact that you are incorrect. I have had to cancel a bank cheque for work because somewhere between the bank and the office, the phone jockey lost it. I took the receipt end back to the bank, cancelled the cheque and got it re-issued. It cost me money to do it, but the $20 or so it cost to cancel and re-issue was chicken feed compared to the amount the cheque was worth. And I can tell you that if the bank told me that my $300,000 bank cheque couldn’t be cancelled without the original, that would have been the end of our banking relationship and the start of a very bitter legal battle.
@pegaxs: So to make bank cheque safer, should we ask for the receipt slip as well? This way they can never cancel the bank cheque.
From NAB>
If NAB is told that a bank cheque is stolen or lost and is satisfied that this is the case, NAB will not pay the cheque if it is presented for payment by a person who has no right to it. NAB may provide a replacement cheque for a fee.
The important part of that sentence "presented for payment by a person who has no right to it".
I have all call recording if you want I can post here. Secondly my brother was dealing him outside Home.Lastly my brother called 000 because he was not leaving the property and not allowing us to put the car back on the garage.Poloce never camed when we called 000 they left.
Why will I post fake post ??
https://imgur.com/a/hnXKH
Here is my car selling post also on gumtree.
Ignore the complainers. We have had many "fake" or joke posts that people make to get crazy reactions from members here. So it's not uncommon for people to cry fake.
It's good you were smart and didn't give him the car. Many,many people get scammed these days. My cousin is a Police officer and recently told me a man came and and said he thinks he was scammed $85,000 by someone he met online.
These scum prey on people who trust that others are as honest as they are. Most people are trustworthy, but always cover yourself in case someone who isn't comes across your path.Pass on all information to the police. Keep your car locked up and be weary of any further buyers.
That sum sounds a lot like what an investment analyst wanted to spend on a high yield investment.
You're welcome for the lead.
Another hot tip.
If someone wants to test drive your car. Don't leave the keys in the ignition and swap drivers. Take them out, swap seats and hand them the keys.Also, insurance doesn't cover test drivers of the vehicle. Remember that in case you have to make a claim.
Bingo! On this. I always offer to drive it for them and say to them sorry, but my insurance won’t cover you. If they want to drive it, they can pay for it in full and I will let them dive it as much as they want.
Bollocks!
What park is bollocks? My insurance does not cover anyone driving my car who is under 40. It also has a $1500 excess and a $1000 unnamed driver excess. So, some 32yo person turns up and crashes my car, no insurance. A 44yo person turns up and crashes it and I’m out of pocket $2500 minimum until I take that person to court to extract that excess from them only to cost me more time and money…
So, again, I ask, can you elaborate on what exactly is bollocks about that?
@pegaxs:
Well, all parks (parts?) in fact.Broad statement (both yours and Herbse's) that insurance does not cover test drivers, in general they cover any licensed drivers (even with overseas license) that drive the car with owner's permission and of course not under the influence of drugs, alcohol, etc… You can agree to age based exclusions on your policy to reduce premium but that is not a common situation and in general a bad trade-off IMO
Your attitude. Bear in mind I used word "bollocks" in sense of "talking nonsense, rubbish", as no sane parson in the world would buy a used car (excluding vintage collectibles) without test driving it first and getting the first hand experience for car's steering, handling, breaking etc… So I doubt that you ever sold used car to anyone under the conditions you described. Put yourself in same situation, you appear to inspect the car and owner says "Trust me all is good, I can drive it for you while you sit next to me…" And you discover the next day that car is pulling to the left for some reason, or that if you try to accelerate between 60 and 80km/h just a tad faster that owner demonstrated you have transmission shudder… etc..
Also, insurance doesn't cover test drivers of the vehicle. Remember that in case you have to make a claim.
Wow, I had assumed it would be covered - other people driving with your permission, provided you've ensured they're licensed. Better check my policy.
Don't believe everything you read here. I recently renewed my insurance. They asked who else regularly drives the car. I said just me atm, and asked does that mean no-one else can drive it. They said anyone can drive it and the car is still covered, but listing them means I wouldn't pay excess if they smashed it. (So you'd have to pay excess only with my insurance company.) And if it was a P plater, the premium might be different, because they said the excess changed depending on the 'smashers' age.
It's probably based on policy. But every PDS I've read for my previous insurance policies have said so.
Depends on your insurance policy. Unless you took out a named driver only policy to reduce premium many policies should cover drivers over a certain age who are legally driving your car with your permission.
depends on the insurance
Can you share his number?
You paid for his fault of not looking before opening his door o_o