My bike for sale collection by courier

[Muscle Bike Rider]

Hi folks, I have had an offer for my sons bike through ebay, the buyer is based in Edinburgh and wants to pay in to our bank account first then send a courier to collect, can you see any pitfalls with this, have any of you ever done this before? Have you any recomendations to safeguard us? Also how do you deal with the logbook change as it needs his signature?

Thanks,
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Previously Known As A5tra_G
Old Bikes :2010 Kawasaki ER6 F & 2000 Honda VTR Firestorm
Current Bike : XJR1300

[andy_uk]

If it's a direct bank transfer then you should be okay, just don't let the bike go until it's cleared.
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Aprilia Classic 125, GS500E, ER5-A1, ER5-C4, ER6 & an XJ6 project frame...

[Redoko]

Money into the bank is definitely safer than PayPal.

As already said, check you have the money before the courier takes it away. And get the courier to sign something. Don't want him saying the bike was never picked up.
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"Let's face it, this is not the worst thing you've caught me doing."
Sudika Sportsman SK50QT > Gilera DNA50 > Honda CBR125 RW7 > Kawasaki Zephyr750 > Suzuki GSXR600 > Honda Hornet CB600F '51

[Peirre oBollox]

it is still possible for the buyer to withdraw the cash transfer, or the transfer to fail even though the monies seem to be in your account. This is due to the bank clearing process. Its a bit like the cheque scam, when the cheque seems to clear ok, the bank initially credit your account, only for the cheque to bounce during the clearing process, and the bank debits the account.
For anyone sending a courier & paying for a bike by any means other than cash in hand I`d insist the buy must wait a minimum of 10 day before I`d release the bike. As there are many variations of the cheque/transfer send courier scam
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I accept no responsibility for swearing, drinking, motorcycle riding or your pregnant teenage daughter.

[lydanial]

sounds ok, however i would ask for a landline number and full address and chat to him about it first , get a feel for him.

I sold a bike once via same method with no problems and I just scribbled on my part of the V5 with his signature and sent it off.

sent the thin green part with the guy who collected it.

[FerretFing]

You could always ask for cash via Special Delivery which would cover all parties - if he has it in his bank account then he can withdraw the cash over the counter at a branch of his bank

[anthony_r6]

If I transfer money into another account not owned by me, then the money tends to go in instantly, and I'm able to withdraw it immediately. I can't see a problem with this, if you take the cash once it goes in.
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Ted : "Maybe he's agoraphobic."
Dougal : "Jack scared of fighting? I don't think so, Ted."

[kernow24]

[Wafer_Thin_Ham]

I've had bikes picked up by couriers before, although they've always sent cash with the courier, ask if this is possible?
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[firefox]

why not get him to send a bankers draft or what ever they are called ? special delivery insured for how ever much your selling bike for incase the draft goes missing.
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bye bye gti <^>( ' . ' )<^>
*officer* what caused the crash ? *firefox* you see that wall up there sir ?
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[Pete.]

Some bank transfers can be reversed or not completed. Why not call your bnak and ask them for advice.

Talking to the guy on the phone first is a good idea too, and put his address into maps to see where he lives.
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a.k.a 'Geri'

132.9mph off and walked away. Gear is good, gear is good, gear is very very good

[Wafer_Thin_Ham]

[Pie-Roe]

Bought two bikes like this, one for 670 and one for 1800.

Just did a full bank transfer into the guys account after getting his address and he just scribbled in the bit for my sig.
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Previous: GSF600, FZR600 x2, ZXR750, XT600 Tenere, CB125, CZ125, ETZ 250, ER5, CCM R30, DRZ400, RF600x4, RF900x2, GS500, VTR1000F, 640 SMC, CB250 NIGHTHAWK, GT550x3, GPX750 TE610, CB500, X11x2, SV650, ZING 125, TL1000R,CB250 Superdream, CBR1100XX

[Pie-Roe]

Bought two bikes like this, one for 670 and one for 1800.

Just did a full bank transfer into the guys account after getting his address and he just scribbled in the bit for my sig.
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Previous: GSF600, FZR600 x2, ZXR750, XT600 Tenere, CB125, CZ125, ETZ 250, ER5, CCM R30, DRZ400, RF600x4, RF900x2, GS500, VTR1000F, 640 SMC, CB250 NIGHTHAWK, GT550x3, GPX750 TE610, CB500, X11x2, SV650, ZING 125, TL1000R,CB250 Superdream, CBR1100XX

[daemonoid]

I would insist on sourcing the courier.

Then again, the guy I bought my monster off accepted a bank transfer that hadn't completed when I picked it up. He definitely passed my trust test, and I guess I passed his.
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current: ducati monster 750
past: hyosung gt250r, bajaj pulsar 180, hyosung gt 125 comet
@thomasgarrard | www.straitjkt.com | www.racingseven.com

[blurredman]

Why not cash?
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CBT: 12/06/10, Theory: 22/09/10, Module 1: 09/11/10, Module 2: 19/01/11
Past: 1991 Honda CG125BR-J, 1992 (1980) Honda XL125S, 1996 Kawasaki GPZ500S, 1979 MZ TS150.
Current: 1973 MZ ES250/2 - 18k, 1979 Suzuki TS185ER - 10k, 1981 Honda CX500B - 91k, 1987 MZ ETZ250 (295cc) - 40k, 1989 MZ ETZ251 - 51k.

[Rogerborg]

[ceekay]