Payment is the most critical moment of a used transaction — for both buyer and seller. A poor choice exposes you to fraud, bad cheques, or theft. Here's how to secure the exchange, regardless of which side you're on.
Payment methods, from safest to most risky
- Instant bank transfer: traceable and fast, ideally done on-site, once you've seen the vehicle and have the documents in hand. The buyer sees the debit, the seller sees the receipt before handing over the keys.
- Certified cheque: convenient for large amounts, but a target for counterfeits. The seller must have it verified by the issuing bank (during business hours) before concluding. A forged certified cheque is very well imitated.
- Cash: immediate but risky for large sums (theft, counterfeit notes, legal limits depending on country). Reserve for small amounts.
Avoid any "exotic" payment method: gift cards, crypto sent in advance, "escrow services" offered via private link.
The right transaction flow
- See and test the vehicle, verify the documents and history.
- Draft a transfer certificate / invoice signed by both parties.
- Pay and hand over simultaneously: money for keys + documents.
- Each party leaves with proof (invoice, payment receipt).
Buyer's side
Never pay before you've verified everything (condition, documents, no liens). Be wary of a seller who demands a deposit at distance — see scams in buying.
