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When selling a bike what precautions do you take to ensure that said buyer does not just ride off with bike? Ring from finger, wallet, car keys, partner as hostage?
When I went to pick up my bike I met at a petrol forecourt with cameras, took a photo of sellers car/reg then handed over my car keys so I could take it for a little spin (not out of sight). TBH the bike and car were probably of equal value. I wouldn't have handed over keys for my new (company) £26k golf!
I Hold the money. Gets counted out infront of him and signed, he comes back i return the cash and he signs for it.
I have trust issues 🙁
and signed, he comes back i return the cash and he signs for it
Holding the cash makes sense, pointless signing of things doesn't 🙂
Last time I bought a s/h mtb I met the seller at a motorway service station. It was £1800, I looked it over, nothing was broken everything was as described. I didn't bother riding it around the car park, what would have been the point ? Same thing with the last thing I sold £2000 road bike. The buyer knew what it was, didn't need to mess about riding it a few hundred yards, just checked it over and paid me the money 😀 . I wouldn't refuse a potential buyer a test ride, but any bike I sell is an enthusiasts bike and have only had decent people showing up. If you can't judge people at least a little bit, and show a bit of trust perhaps private sales aren't for you.
For what it's worth in my experience if someone insists on riding your 160mm f/s mtb or carbon fibre top end road bike around the block they aren't going to buy it anyway.
Holding the cash makes sense, pointless signing of things doesn't
Well if i am holding the cash, i want proof of the amount of cash i have received and the amount of cash i have returned. It's not pointless.
I don't want some chap saying they gave me £600 when it was only £500