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G4L4XY
13th August 2012, 18:08
When buying a car/bike/something worth lots of cash, whats the best form of payment.

Ideally say it's worth 10k you don't really want to carry this around with you all day. :sweatdrop

Say it's the weekend, no banks are open etc aside from cash what are possible forms of payment.

I was suggested having the bank write me out a bank cheque, apparently the funds are guaranteed by the bank to be in there etc.

Maki
13th August 2012, 18:11
Internet banking?

Madness
13th August 2012, 18:11
The banks at Sylvia Park are open 7 days a week. AFAIK Bank Cheques are made out to a specific person/entity, rather than just "cash" but I could well be wrong (it happened once before).

You getting the one with the Swedish suspenders?

steve_t
13th August 2012, 18:14
The banks at Sylvia Park are open 7 days a week. AFAIK Bank Cheques are made out to a specific person/entity, rather than just "cash" but I could well be wrong (it happened once before).

You getting the one with the Swedish suspenders?

Yep. Even crappy little Hamiltron has banks that are open 7 days now.
Bank cheques are traditionally the way to go.

flyingcrocodile46
13th August 2012, 18:17
Someone else's eftpos or credit card :yes:

sinfull
13th August 2012, 18:24
When buying a car/bike/something worth lots of cash, whats the best form of payment.

Ideally say it's worth 10k you don't really want to carry this around with you all day. :sweatdrop

Say it's the weekend, no banks are open etc aside from cash what are possible forms of payment.

I was suggested having the bank write me out a bank cheque, apparently the funds are guaranteed by the bank to be in there etc.

Cash is the way to go, don't be a pussy !

So where ya headed ?

FJRider
13th August 2012, 18:26
When buying a car/bike/something worth lots of cash, whats the best form of payment.

Ideally say it's worth 10k you don't really want to carry this around with you all day. :sweatdrop

Say it's the weekend, no banks are open etc aside from cash what are possible forms of payment.

I was suggested having the bank write me out a bank cheque, apparently the funds are guaranteed by the bank to be in there etc.

A pre-arranged named Bank cheque is safest. If you get time to get to a bank or Postal shop. Some are open saturday mornings. (costs around $3-$4)
Internet bank transfer is good. Money appears in their account the next day though. ($2 bank fee)

FlangMasterJ
13th August 2012, 18:27
Internet banking?

I think there is a set limit on how much you can transfer via online banking. I had to arrange it with the bank prior to making a purchase.

AllanB
13th August 2012, 18:28
If it's a dealer the sale may be on the weekend with the transaction, payment and vehicle collection on Monday.

G4L4XY
13th August 2012, 18:39
Private sale.

Not saying where im going if I have cash ;)

Online banking will be next day or monday as it's going to be a weekend.

Wont be in hams or aux

Will do the bank cheque thingy

Brett
13th August 2012, 18:44
I have done a deal at $40k with a cheque and a $20k deal with cash and many smaller ones with a range of internet payment, cheque, cash, personal cheque. I suppose it all depends on what the vendor is comfortable with.

G4L4XY
13th August 2012, 18:47
^^Too much money, give me some :)

Madness
13th August 2012, 18:53
Wont be in hams or aux

You do realise that Manukau is still part of Auckland aye? :shutup:

G4L4XY
13th August 2012, 18:54
You do realise that Manukau is still part of Auckland aye? :shutup:

har har har nah it's down souf bro :motu:

Akzle
13th August 2012, 18:55
When buying a car/bike/something worth lots of cash, whats the best form of payment.

Ideally say it's worth 10k you don't really want to carry this around with you all day. :sweatdrop

Say it's the weekend, no banks are open etc aside from cash what are possible forms of payment.

I was suggested having the bank write me out a bank cheque, apparently the funds are guaranteed by the bank to be in there etc.

yeah. internet or phone transfer would be the "safe" "cashless" ways to do it.
you could just man up and carry your dough like a pimp.

or trade in methamphetamine. i'm given to understand that 10k would fit in your pocket quite easily.

Madness
13th August 2012, 18:56
har har har nah it's down souf bro :motu:

You'll be needing Travellers Cheques then :tugger:

Road kill
13th August 2012, 19:54
Yep,internet or Phone trans,then cash.
Some people won't take bank cheques,,like me for instance.
There's just been to many reports of fake bank cheques and I wouldn't recognise a real one from a fake one.
Some people have been known to take a couple of LB of sticky buds,but you probably wouldn't want to be carrying that around either huh.

BMWST?
13th August 2012, 20:01
you can do internet banking but you will need to ensure that you can actually transfer that ammount you desire.of course the other party doent actually have any money.Bank cheques have been subject to forgery.my own view would be if i was selling to an unknown person i would not tlet the vehicle out of my sight till the money was in my hand.

G4L4XY
13th August 2012, 20:02
You'll be needing Travellers Cheques then :tugger:

Whats that :(

Madness
13th August 2012, 20:04
Whats that :(

After the smiley you gave me earlier, I'm not telling :no:

Oakie
13th August 2012, 20:09
Muskets and blankets. Us white fellas bought a whole country like that once.
Actually on reflection ... that didn't work out too well in the end.

G4L4XY
13th August 2012, 20:34
After the smiley you gave me earlier, I'm not telling :no:

I sorry....

mossy1200
13th August 2012, 21:05
IOU :Punk:

G4L4XY
13th August 2012, 22:07
^^hahah im sure he'll be keen as to hand his bike over to me


Nah it's settled, bank made cheque thingy it is!

I would roll around like a pimp but chances are that wont turn out so well

Tigadee
14th August 2012, 08:58
100 x $100 notes = a pocketable wad of cash, inconspicuous. A million, you'd need a briefcase. A trillion however...


http://www.youtube.com/watch?v=Tym9AhMNcP0&feature=related

Gremlin
14th August 2012, 11:35
Internet banking?
wot e sed.

Some banks might have a limit, I know I hit a problem with National way back, at $10k, so I simply put two payments through. ASB doesn't have the limit if you have Netcode which uses your mobile to authorise big transfers.

SMOKEU
14th August 2012, 12:57
Trade with BTC. Payments should show up in the sellers wallet within 10 minutes as long as it's synchronized with the block chain.