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Buying a classic car from dealer
I am going to purchase a classic car from a dealer who offers a service to sell clients cars on commission / fixed fee basis etc
The car cost £45k - how do i ensure my payment is paid to the person who owns the car. - hence avoiding any issues ownership proof of purchase . I have seen prog where the dealer does not pass the money to the owner and hence the person who has paid the money has to hand the car back to the owner as the car salesman goes awol .
Thank you - i enjoy your motoring section in the Telegraph
Gregory gadd
The car cost £45k - how do i ensure my payment is paid to the person who owns the car. - hence avoiding any issues ownership proof of purchase . I have seen prog where the dealer does not pass the money to the owner and hence the person who has paid the money has to hand the car back to the owner as the car salesman goes awol .
Thank you - i enjoy your motoring section in the Telegraph
Gregory gadd
Asked on 2 January 2016 by Ted300sl
Answered by
Honest John
This is known as "selling on commission". No one should ever sell a car on commission without a cast iron contract, but the problem is that an owner may be overseas when a customer wants to buy the car. My view is that in order to buy the car you should have contact with the true owner, but if that is by phone there is no guarantee that the person you speak to is the actual owner. So you have to see a contract between owner and dealer whereby the owner assigns all rights to sell the car to the dealer and guarantees that all moneys paid to the dealer assign irrevocable rights of ownership to the purchaser.
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buying
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