Carsales - Scam Or Not?

[zei20l]

Another 2 interesting things are, one is, he wants to have some sort of written legal agreement letter for both of us to sign about selling the car. I don't know what's the go with that.

in QLD do they have a 'notice of disposal' for the car? in NSW this is all thats technically required, however most people supply supply an invoice for the car, it needs the sellers name and the new owner's name, the car rego and VIN on it and the date of the transaction.

[sonicii]

In Qld, if you are selling the car registered, both the seller and buyer must sign a completed 'transfer of registration' form, the seller must also supply a safety certificate (road worthy cert), and a receipt for payment. It is then the buyers responsibility to take these forms to Queensland Transport, pay the stamp duty and have the registration transferred into their name.

If you are buying from interstate, there is no tranfer option, the registration must be cancelled in the sellers state and re-registered in the buyers state. The buyer will need to get a Queensland Safety inspection, and the seller needs to supply a receipt for payment and a registration certificate to prove it was registered in their name.

[VNS 24]

In Qld, if you are selling the car registered, both the seller and buyer must sign a completed 'transfer of registration' form, the seller must also supply a safety certificate (road worthy cert), and a receipt for payment. It is then the buyers responsibility to take these forms to Queensland Transport, pay the stamp duty and have the registration transferred into their name.

If you are buying from interstate, there is no tranfer option, the registration must be cancelled in the sellers state and re-registered in the buyers state. The buyer will need to get a Queensland Safety inspection, and the seller needs to supply a receipt for payment and a registration certificate to prove it was registered in their name.

Thanks, mate.

One thing that's different is car is still WA plated. I don't know how the go with this. I will call them up today.

[V35_Paul]

Thanks, guys. These information are helping me alot.

I will be talking with his bank consultant today and see how that goes.

Another 2 interesting things are, one is, he wants to have some sort of written legal agreement letter for both of us to sign about selling the car. I don't know what's the go with that.

Second is, will and how stamp duty will involve in this private car sale? I thought it only involve in dearler sales.

Thanks heaps, everyone.

He's just talking about transfer papers. You and him have to sign it.

Stamp duty is his problem. He'll have to pay when he puts the car in his name.

If he ask for $$$ off the total price because of study duty just so "no"

[VNS 24]

He's just talking about transfer papers. You and him have to sign it.

Stamp duty is his problem. He'll have to pay when he puts the car in his name.

If he ask for $$$ off the total price because of study duty just so "no"

Thanks, Paul.

Yeah, I called WA and QLD licensing centres. All I've got to do is go to QLD licensing centre to give up my WA plates and mail the receipt back to WA licensing centre. Buyer will have to sort out for transporting back to NSW.

Edited December 22, 2011 by VNS 24

[mosoto]

Long story short Vic, He doesn't get the car until the money is confirmed cleared into your account. It's as simple as that. All the banter on how long it will take to clear is moot because each bank has their own policy on bank cheque deposits.

Stamp duty needs to be paid by the buyer when they do the transfer at the licensing office.

As a private seller you don't need to provide any additional legal documentation to prove the sale, proof is all in the transfer papers.

With private sales it's "caveat emptor" (buyer beware) and he should know this.

Good luck with it m8, hope it goes smooth. My last few have been pretty easy.

[VNS 24]

Long story short Vic, He doesn't get the car until the money is confirmed cleared into your account. It's as simple as that. All the banter on how long it will take to clear is moot because each bank has their own policy on bank cheque deposits.

Stamp duty needs to be paid by the buyer when they do the transfer at the licensing office.

As a private seller you don't need to provide any additional legal documentation to prove the sale, proof is all in the transfer papers.

With private sales it's "caveat emptor" (buyer beware) and he should know this.

Good luck with it m8, hope it goes smooth. My last few have been pretty easy.

Thanks, Mark. Hopefully this sale goes smooth too.

[VNS 24]

Hey guys,

Update on this matter. The bank asked for Vin and engine numbers. So I gave them from my rego renewal paper and they said they couldn't match engine number.

I don't think it's wrong on my rego paper. And also, where can I find this engine number in car engine bay?

[MadMike]

Even carsales warns people about this.

http://helpcentre.carsales.com.au/scam-defence/buyer-articles/february-2010/false-paypal-payment-scam/

[sonicii]

Hey guys,

Update on this matter. The bank asked for Vin and engine numbers. So I gave them from my rego renewal paper and they said they couldn't match engine number.

I don't think it's wrong on my rego paper. And also, where can I find this engine number in car engine bay?

I believe the engine number is stamped on the back of the engine, somewhere around the back of the right bank. I don't have any pics, and it is a bit hard to explain.

The VIN is usually printed on the compliance plate/sticker, and possibly stamped in the engine bay somewhere. Mine is stamped into the right strut tower.

I wouldn't expect the numbers on your rego form to be incorrect, but who knows??

Does the bank know it is an personal import? The VIN on an import is a number generated when it is complied, usually based on the existing chassis number

[VNS 24]

Even carsales warns people about this.

http://helpcentre.carsales.com.au/scam-defence/buyer-articles/february-2010/false-paypal-payment-scam/

Yeah, that's common scam nowadays. I am never touching Paypal.

I believe the engine number is stamped on the back of the engine, somewhere around the back of the right bank. I don't have any pics, and it is a bit hard to explain.

The VIN is usually printed on the compliance plate/sticker, and possibly stamped in the engine bay somewhere. Mine is stamped into the right strut tower.

I wouldn't expect the numbers on your rego form to be incorrect, but who knows??

Does the bank know it is an personal import? The VIN on an import is a number generated when it is complied, usually based on the existing chassis number

I looked there but couldn't find it. I could only find Vin/Chassis number at back of engine block on firewall. Maybe I am looking at wrong place.

Anyway, I did REVS check with Vin/Chassis and engine number I got on my rego renewal receipt and it was fine. So that wasn't wrong but I can't find it in engine bay.

Edited December 29, 2011 by VNS 24

[sonicii]

This is where the engine number should be stamped.

[Deep Dish V35]

Carsales is a waste of time. Have always had almost instant success just by making a car super-shiny and parking it at a high exposure location, particularly during afternoon peak hour traffic time or weekends/public holidays. And have sold cars for higher than redbook value this way...

[VNS 24]

Carsales is a waste of time. Have always had almost instant success just by making a car super-shiny and parking it at a high exposure location, particularly during afternoon peak hour traffic time or weekends/public holidays. And have sold cars for higher than redbook value this way...

Well, to be honest, I am not making much effort in selling the car. I don't even have my carsales sticker on.

I am not selling the car to make money, got sick of it or something wrong with it. I just thought of selling to see if I can plan on doing something else, like buying a house in Brisbane or going oversea every year. With the car, it's taking longer to do those.

Oh well, will just have to see how this goes. By the way, this guy that contacted me on carsales can't buy the car now because of finance difficulty.

Edited January 5, 2012 by VNS 24

[slippylotion]

Yep, these days a bank cheque is NOT as good as cash. The buyer can cancel the cheque on you once they drive away with your car. All they have to do is ring the bank and say they lost it and it's then canceled and you'll get no money. you then have to start the chase for your money or return of your car.

I keep the car until the bank cheque clears then they can take it, unless they pay in cold hard cash!

[sonicii]

^^ although it is possible to cancel a bank cheque, the scammer would need to be very dumb. The bank requires ID to issue a cheque, the cheque would be in your name, and you would have their signature on your copy of the transfer of rego forms. And with you holding the cheque in your hands, it would be more than enough evidence to have them charged with fraud, a criminal offence, so the police would track them down. The bank would likely forward the secured funds to you once the case is proven, and the car would likely be confiscated under the proceeds of crime act, and auctioned off. If you were really lucky, you may even be able to buy it back cheap from the auctions.

a personal cheque would be a different story, and I wouldn't let the car go until it clears.

[Deep Dish V35]

another carsales scammer contacted us today

"i want you car, happy to pay paypal and get my courier to collect it for me as i am busy overseas at the moment"

an ad well worth the money. not.

[VNS 24]

another carsales scammer contacted us today

"i want you car, happy to pay paypal and get my courier to collect it for me as i am busy overseas at the moment"

an ad well worth the money. not.

Yup, got that like every second month. Looks like they don't even track which cars they had already tried.

Edited January 9, 2012 by VNS 24

[Deep Dish V35]

maybe its time to create a fake ad on carsales to sell to a scammer... itd be a fun game if you can shift the funds fast enough

oh and if the scammers arent annoying enough, most guys i know use the car sales sticker as a way to get a girl's number ....

Edited January 9, 2012 by Deep Dish V35