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Selling vehicle to dealer - Payment Question
#1
Hello

I have agreed on a price to sell a near new vehicle to a Christchurch dealer. I paid cash for the vehicle it is 100% owned by me with no third party interests and it is straight sell not a trade in. When I asked the dealer how payment is made, he said bring in my bank account number and the money will be direct credited the next day.
My question is: is this standard operating procedure - as I would have signed my vehicle over with keys etc and then 100% trust that the dealership will honour the agreement. Or should I at the very least see a transfer receipt that the money has been paid through before I sign the agreement at their dealership with the vehicle onsite?

Cheers.


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Selling vehicle to dealer - Payment Question - by Corky - 18-11-2022, 08:15 AM

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