When to make a car purchase transfer?
De facto, a question of trust arises especially since one of the parties will have to rely on the good faith of the other: either the buyer carries out his payment 48 hours before delivery of the automobile, either the seller lets his vehicle go while waiting to receive the funds.
Whether you are a seller or a buyer, there are several methods of payment to secure the transaction when selling a used vehicle.
- Bank check.
- SEPA bank transfer.
- Bank check or purchase check car.
- The species or the payment in cash from a car.
The documents and papers that the garage or pro must hand you
- An invoice and possibly a transfer certificate (Cerfa 15776*01)
- The declaration ofpurchase.
- The vehicle registration document.
- A certificate of administrative status.
- Technical control when applicable.
This means of payment is issued by the bank that holds the buyer’s account. She takes the requested amount from the account of the buyer of your car and writes you a check in her own name.
The key points to remember for means of payment for a used car: The bank check is very secure, but offer verification to reassure the seller. The transfer is easy, but not very secure for you. To finance a large sum, the special used vehicle loan can support your purchase.
The bank check is the most common method in France to pay for a used vehicle. However, outside of France this means of payment is rarely accepted. Not to mention that quite high fees can be applied.
The risk of not getting paid when selling your car to someone you don’t know is high. Here are our tips to avoid any unpleasant surprises: it is not easy for the buyer to obtain a sum of cash of this magnitude;