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Bike Buying Etiquette

Posted: Aug 12th, '08, 16:18
by Tom L
Had a guy come to look at the bike im selling at the moment, he was really happy and said he take it. Spent a while haggling and came to a price. He then said he'd pay by cheque, but got all bent out of shape when i said i wanted cash. I wasn't out of line by asking for cash was i? he said he local and everything but at the end of the day im not too happy watching someone ride away on my bike with only a piece of paper in my hand, which despite his best assurances might be a duff.

Re: Bike Buying Etiquette

Posted: Aug 12th, '08, 16:28
by watters
id be exactly the same,youd be stupid to let him ride it away,atleast wait until the cheque cleared and was in your account before he had it, i dont see how anybody would expect you to go through with it that way!

Re: Bike Buying Etiquette

Posted: Aug 12th, '08, 16:31
by kawasakiz
You did the right thing, you cannot trust anyone. No cash no bike.The other way to do it is to bank the cheque, when its cleared they can have the bike,i have done that before when selling a car :D

Re: Bike Buying Etiquette

Posted: Aug 12th, '08, 17:18
by Lady g
Or perhaps a Banker's Draft - which is as good as cash.

Re: Bike Buying Etiquette

Posted: Aug 12th, '08, 17:21
by leatherpatches
Got to be careful even with a banker's draft. Fakes are very popular.

To be honest I'd only take cash and I think you did the right thing refusing a cheque.

Re: Bike Buying Etiquette

Posted: Aug 12th, '08, 17:50
by ock
be careful with cheques too, it will show in your account after a few days BUT it takes a couple of weeks to clear so if it is a bad one the bank will take the cash back out again and your bike is long gone, always ask for cash

Re: Bike Buying Etiquette

Posted: Aug 12th, '08, 17:59
by Funky
I wouldn't be happy taking a cheque. If need be I'd have it, give him a signed receipt and he can have the bike when the cheque is cleared.

Re: Bike Buying Etiquette

Posted: Aug 12th, '08, 18:01
by Lady g
Funky wrote:I wouldn't be happy taking a cheque. If need be I'd have it, give him a signed receipt and he can have the bike when the cheque is cleared.
none of your 'customers' have enough cash for cheques funky, they pay u in beans and old copies of playgirl

Re: Bike Buying Etiquette

Posted: Aug 12th, '08, 18:04
by Lady g
Kim wrote:
Funky wrote:I wouldn't be happy taking a cheque. If need be I'd have it, give him a signed receipt and he can have the bike when the cheque is cleared.
none of your 'customers' have enough cash for cheques funky, they pay u in beans and old copies of playgirl

That wasn't me! It was Simon - he jumped on the laptop whilst I was away - that'll learn me for leaving it unsupervised whilst logged in - stirring trouble maker!

Re: Bike Buying Etiquette

Posted: Aug 12th, '08, 18:12
by TLS-Moose
Kim wrote:
Kim wrote:
Funky wrote:I wouldn't be happy taking a cheque. If need be I'd have it, give him a signed receipt and he can have the bike when the cheque is cleared.
none of your 'customers' have enough cash for cheques funky, they pay u in beans and old copies of playgirl

That wasn't me! It was Simon - he jumped on the laptop whilst I was away - that'll learn me for leaving it unsupervised whilst logged in - stirring trouble maker!

Me thinks she protests too much - we've seen posts showing what you're really like Kim, don't come the sweet and innocent now :roll: :lol: :lol: :lol:


Whatever it is - bank cheque, bankers draught, building society cheque, they're all forgeable :evil: Never let go of the bike 'til it's been cleared by your bank and they say it's OK to let it go. The only thing I would say is if you were only prepared to accept cash you should have made it clear in the advert ...... that said if he's local it's not much issue for him to come back with the cash later is it :? :D

Oh, and it's cash for me too :wink:

Re: Bike Buying Etiquette

Posted: Aug 12th, '08, 18:22
by Blue
watch out moose, You'll be on her hit list along with Bambam :lol:

Yep your right though. No cash No bike. simple as. Why could he not get the cash out of the bank?

Re: Bike Buying Etiquette

Posted: Aug 12th, '08, 18:27
by Funky
Kim wrote:
Kim wrote:
Funky wrote:I wouldn't be happy taking a cheque. If need be I'd have it, give him a signed receipt and he can have the bike when the cheque is cleared.
none of your 'customers' have enough cash for cheques funky, they pay u in beans and old copies of playgirl

That wasn't me! It was Simon - he jumped on the laptop whilst I was away - that'll learn me for leaving it unsupervised whilst logged in - stirring trouble maker!
Whatever Kim, don't blame poor innocent Simon for your digital tourettes. If you're not careful I'll send the kent mafia hit squad around in their lycra tracksuits and sovriegns. And they'll bum your cats.

Re: Bike Buying Etiquette

Posted: Aug 12th, '08, 19:32
by Mike Daytona600
I think he was out of line if he was expecting to give you a cheque and take the bike that day. He could have been as honest as they come but is it really worth the worry? I did sell a bike for a cheque once but it stayed in my garage until it had cleared an I didn't use the bike.

I think if you are going to look at something for private sale you assume the seller wants cash.

Re: Bike Buying Etiquette

Posted: Aug 12th, '08, 20:22
by Tom L
also its not a huge amount, i took out far more and all i had to do was bring a some ID, drivers license was fine. The fact he kicked up such a fuss made me more supicious.

Moose are you sure you wont accept an i.o.u note, a still valid return train ticket from exeter to london and half a book of second class stamps?

Re: Bike Buying Etiquette

Posted: Aug 12th, '08, 20:40
by TLS-Moose
Tom L wrote:Moose are you sure you wont accept an i.o.u note, a still valid return train ticket from exeter to london and half a book of second class stamps?

The iou - we have plenty of toilet paper thanks, the ticket is worthless to me as I get them for free ( 8) ) the stamps might come in useful though :wink: :lol: :lol: