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Old 12 February 2012, 05:15   #11
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Originally Posted by C-NUMB

It depends a lot on the background of the story. If i can get recommendations, and can positively confirm identity, maybe.

Guess buying a rib from a well established RIBnet'ter having a condition check done, proper contract, why not? But using a broker might be smarter, agree.
But this is a seller the buyer found on eBay. I'd not transfer it but I get your points. Most UK buyers want to inspect the goods before full payment so to expect an overseas buyer to fully complete is not always easy.

I guess the OP needs to consider his options. If the boat has generated enough interest within the UK not to take the risk then that will help with his decision. If however this is the best chance of securing a sale then he needs to do some more thinking.

Only he will know his circumstances

Peter @ Boatsandoutboards4sale ~ askboatsandoutboards4sale@sky.com ~ 07930 421007
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Old 12 February 2012, 05:15   #12
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Don't do a deal in Dover, you don't know anything about the buyer, and all this transfer part-funds malarkey is a disaster waiting to happen.

Assuming the buyer is genuine, then if he's prepared to come all the way from Germany for a 15k boat, then what's a few more miles to the final destination at the dry storage yard.

If it were me, progress the sale with plenty pictures and a comprehensive description so he's under no illusion as to what he's buying, look out your own paperwork, and draft a receipt to be signed by both parties.

The buyer comes from Germany, pays cash which is transferred into the bank before the release of the boat. Hell, you could even book him to a Travel Lodge before the return journey! Good luck with the sale and let us know the outcome.
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Old 12 February 2012, 05:16   #13
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Once the funds are clear in the account for 1 working day following the transfer it's the same risk as any UK transfer. The transfer cannot be cancelled his end but is still open to any fraudulent claim of it being somebody else's account. Unlikely but it can happen!
I won't argue the point without all the facts to hand but just to say beware, from previous conversations with our business bank I'm not 100% sure this is the case - foreign transfers are not the same as UK BACS transfers. Beware if you do go ahead that unless he pays all charges including receiving charges you may be liable for a fee.
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Old 12 February 2012, 05:50   #14
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Richard,

The problem comes from you offering delivery in the actual advert (assuming ive dug correctly). Personally I'd take the sale but in Salcombe with a smaller deposit of 500 wired over and quick completion. That way you have little to lose but could secure a sale! Do the cash completion on a banking day and release when in your account having been checked. If he did manage to get the transfer refunded its a smaller hit.

If you do go through with Dover it's a bigger risk on all fronts but still these could be reduced. That's your call.

The Flyers had issues with the hull fading/wobbling which could prevent a sale so make sure he knows if yours is affected. Things like that will create issues.

Or sell the boat to me for 10k and there's no risk just give me his contact details

Let us know how you get on

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Old 12 February 2012, 06:13   #15
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I sold my Targa 30 for 80k to a norwegian bloke who never even saw it, there was a yacht being delivered to the UK and he had it put on the return journey.
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Old 12 February 2012, 15:39   #16
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My understanding is that we have an odd way of doing things here with our banks. I had a scammer trying to buy my skiff that got quite complicated. Upshot is we got to keep his fake cheque that he had paid money to buy and kept the skiff. Our banks will credit your account before the funds have cleared. If you then release your boat and it turns out to be a fake account that the funds are coming from, (it can take up to 6 months from some countries) the bank will take the money back out of your account and you're left high and dry. I think the only way you can guarantee funds is if he pays cash into a bank payable to your account, which is then credited in a couple of hours.
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Old 13 February 2012, 03:49   #17
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When a guy came to buy my Porsche we went to his bank and I watched him draw a banker's draft out. Then we paid it into my bank which was across the road.
Same thing when I sold my Ferrari.
It was the only way I was prepared to do it. Too many scams about, which is very sad, but true.
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Old 13 February 2012, 03:56   #18
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There is a good link on Honest John's website here to safe/unsafe payment advice:

Frequently Asked Questions | Honest John
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Old 13 February 2012, 13:00   #19
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When a guy came to buy my Porsche we went to his bank and I watched him draw a banker's draft out. Then we paid it into my bank which was across the road.
Same thing when I sold my Ferrari.
It was the only way I was prepared to do it. Too many scams about, which is very sad, but true.
Did the payments clear ok, with no repercussions afterwards?
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Old 13 February 2012, 13:04   #20
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When a guy came to buy my Porsche we went to his bank and I watched him draw a banker's draft out. Then we paid it into my bank which was across the road.
Same thing when I sold my Ferrari.
Same when I sold my Yugo Zastava and Wartburg Knight.
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