Stories of strange selling experiences
Discussion
The Spruce goose said:
Sway said:
Scots money, they cannot print money without the equivalent held in BoE issued notes in the vault.
Significantly easier to forge too.
They doesn't sound right to me, printed notes must match printed notes held in BOe, I would say assets against the notes printed not just notes.Significantly easier to forge too.
Not normal ones, million plus (up to £100M). I've held one.
http://www.bbc.co.uk/news/magazine-21145103
More on Wiki etc.
Remember, we have a FIAT currency, there is no asset behind it, merely the promise from the 'lender of last resort' which for gbp is the BoE. No promise from the BoE, no legal tender...
(the above is slightly modified for the Bailiwicks which are allowed to issue local GBP currency such as Jersey or Guernsey. They don't have to have a BoE Titan or whatever, as the amounts issued are small enough that the BoE doesn't worry about covering them. It would be moderately interesting as a thought experiment to decide the outcome of someone in Jersey decided to run the mint as quickly as possible with no off switch!
Vauxhalls. Why is it these cars attract such cretins. Green Vectra SRI up for sale. Great condition, 70k on the clock. Full service etc…
So many people trying to swap it for a dog. Some guys drove down from Leeds (250 ish miles), couple of skin heads in dodgy leather jackets. One of them had “Ducati” tattooed across the back of his head. They looked round the car for 2 minutes and then left, citing a small scratch on the bonnet as the reason they weren’t interested.
Other end of the scale, a polish chap turned up to buy a 1k BMW I had for sale. Got in the car, started it. Revved it. Nailed it the 50 yards up the drive ending in an emergency stop. Handed me an envelope full of cash and signed the V5 without even getting out of the car.
So many people trying to swap it for a dog. Some guys drove down from Leeds (250 ish miles), couple of skin heads in dodgy leather jackets. One of them had “Ducati” tattooed across the back of his head. They looked round the car for 2 minutes and then left, citing a small scratch on the bonnet as the reason they weren’t interested.
Other end of the scale, a polish chap turned up to buy a 1k BMW I had for sale. Got in the car, started it. Revved it. Nailed it the 50 yards up the drive ending in an emergency stop. Handed me an envelope full of cash and signed the V5 without even getting out of the car.
Story as a buyer rather than a seller.
Decided I wanted a Clio 172 Cup as a 2nd car and found one via one of the Lotus forums of all places. Speak to the owner who tells me his retired mother is using it. No problem, but it's up in Leicestershire so about 3 hours by train for me.
I hate people negotiating with me on the phone so I don't discuss price but instead get on the train to go and see it. Turns out he's been a bit light on detail in the advert and it needs new tyres, has an oil leak, no evidence of a dephaser change, curbed alloys, a few other gremlins and a dent in the rear 3/4 although the paint isn't broken. It's priced at £2200 which was top money at the time (Dec 2014). So in light of this I offer £2k and I can drive it away immediately. In support of my negotiation I have printed off examples of other 172 Cups and 182s that are priced lower or are similar money but lower miles from eBay and Autotrader.
Sadly he absolutely won't budge. He wants the asking price or nothing and if I don't buy it he says he'll keep it. Turns out he's a lawyer and is probably miffed at my evidence approach to negotiating. Still, that's fair enough, it's his car afterall so I ask for a lift back to the station where I take this photo:
I then spend 3 hours going home. Shame, it would have been a nice car after some TLC. Even now I wonder if he ended up selling it a few weeks later and whether he got the asking price. Maybe he's on here saying "some bloke from Guildford turned up expecting to get 10% off - how I laughed"
Decided I wanted a Clio 172 Cup as a 2nd car and found one via one of the Lotus forums of all places. Speak to the owner who tells me his retired mother is using it. No problem, but it's up in Leicestershire so about 3 hours by train for me.
I hate people negotiating with me on the phone so I don't discuss price but instead get on the train to go and see it. Turns out he's been a bit light on detail in the advert and it needs new tyres, has an oil leak, no evidence of a dephaser change, curbed alloys, a few other gremlins and a dent in the rear 3/4 although the paint isn't broken. It's priced at £2200 which was top money at the time (Dec 2014). So in light of this I offer £2k and I can drive it away immediately. In support of my negotiation I have printed off examples of other 172 Cups and 182s that are priced lower or are similar money but lower miles from eBay and Autotrader.
Sadly he absolutely won't budge. He wants the asking price or nothing and if I don't buy it he says he'll keep it. Turns out he's a lawyer and is probably miffed at my evidence approach to negotiating. Still, that's fair enough, it's his car afterall so I ask for a lift back to the station where I take this photo:
I then spend 3 hours going home. Shame, it would have been a nice car after some TLC. Even now I wonder if he ended up selling it a few weeks later and whether he got the asking price. Maybe he's on here saying "some bloke from Guildford turned up expecting to get 10% off - how I laughed"
Sway said:
Only legal through agreement with the BoE. They issue BoE notes to the Scottish banks authorised to print Scots money, they cannot print money without the equivalent held in BoE issued notes in the vault.
Significantly easier to forge too.
Well it was either that, or Scotland would introduce their own pound.Significantly easier to forge too.
And as for significantly easier to forge? I say utter bulls
t. Trusted sources please?Jonno02 said:
Well it was either that, or Scotland would introduce their own pound.
And as for significantly easier to forge? I say utter bullst. Trusted sources please?
Not easier to forge but less easy to spot forgeries because you don't handle them in the same quantity and don't know what to expect from one. I live in Scotland, handle varying quantities of cash and if you handed me a fake note I'd know pretty quick. A fake BoE note and it might take me a moment or two longer to notice - just not as common. And as for significantly easier to forge? I say utter bulls
t. Trusted sources please?Sway said:
Nope, notes.
i think wiki is incorrect, the BOE states backing assets as well as excluded notes are required/'An asset-backed security (ABS) is a security whose income payments and hence value are derived from and collateralized (or "backed") by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually.'
http://www.bankofengland.co.uk/banknotes/Pages/abo...
'the compliance visits enable the Bank to verify the value of backing assets and Excluded Notes held, and confirm that the necessary conditions (e.g. security standards of sites storing backing assets) are met.'
Trusted source was the colleague at a Scottish note issuing bank who was directly involved in such things, and arranged for me meeting him at the BoE where I was shown a million pound note. Believe me or not, makes no difference to me.
I know of a couple of security measures on English notes that are not common knowledge and don't appear on Scottish notes as they cost more than is deemed worthwhile when looking at the absolute value of Scottish notes. For fairly obvious reasons these things are not available to reference.
One thing to remember, there are security features designed for use by the general public or 'normal' businesses. These are well known, such as the watermark or metallic thread. There are a whole raft that are designed so that banks (specifically their cash and coin processing centres) can tell. They are secret, not remotely obvious, and are never publically spoken of except in the most vague terms. The only one I can think of that has been 'found' in recent British currency is the pattern that is recognised by scanners to automatically prevent scanning our photocopying. The public info about this is almost comical - it's visible and found, yet no one involved will say a word.
I know of a couple of security measures on English notes that are not common knowledge and don't appear on Scottish notes as they cost more than is deemed worthwhile when looking at the absolute value of Scottish notes. For fairly obvious reasons these things are not available to reference.
One thing to remember, there are security features designed for use by the general public or 'normal' businesses. These are well known, such as the watermark or metallic thread. There are a whole raft that are designed so that banks (specifically their cash and coin processing centres) can tell. They are secret, not remotely obvious, and are never publically spoken of except in the most vague terms. The only one I can think of that has been 'found' in recent British currency is the pattern that is recognised by scanners to automatically prevent scanning our photocopying. The public info about this is almost comical - it's visible and found, yet no one involved will say a word.
Sway said:
Trusted source was the colleague at a Scottish note issuing bank who was directly involved in such things, and arranged for me meeting him at the BoE where I was shown a million pound note. Believe me or not, makes no difference to me.
I know of a couple of security measures on English notes that are not common knowledge and don't appear on Scottish notes as they cost more than is deemed worthwhile when looking at the absolute value of Scottish notes. For fairly obvious reasons these things are not available to reference.
One thing to remember, there are security features designed for use by the general public or 'normal' businesses. These are well known, such as the watermark or metallic thread. There are a whole raft that are designed so that banks (specifically their cash and coin processing centres) can tell. They are secret, not remotely obvious, and are never publically spoken of except in the most vague terms. The only one I can think of that has been 'found' in recent British currency is the pattern that is recognised by scanners to automatically prevent scanning our photocopying. The public info about this is almost comical - it's visible and found, yet no one involved will say a word.
I'll choose to not believe you then, thanks.I know of a couple of security measures on English notes that are not common knowledge and don't appear on Scottish notes as they cost more than is deemed worthwhile when looking at the absolute value of Scottish notes. For fairly obvious reasons these things are not available to reference.
One thing to remember, there are security features designed for use by the general public or 'normal' businesses. These are well known, such as the watermark or metallic thread. There are a whole raft that are designed so that banks (specifically their cash and coin processing centres) can tell. They are secret, not remotely obvious, and are never publically spoken of except in the most vague terms. The only one I can think of that has been 'found' in recent British currency is the pattern that is recognised by scanners to automatically prevent scanning our photocopying. The public info about this is almost comical - it's visible and found, yet no one involved will say a word.
The Spruce goose said:
Sway said:
Nope, notes.
i think wiki is incorrect, the BOE states backing assets as well as excluded notes are required/'An asset-backed security (ABS) is a security whose income payments and hence value are derived from and collateralized (or "backed") by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually.'
http://www.bankofengland.co.uk/banknotes/Pages/abo...
'the compliance visits enable the Bank to verify the value of backing assets and Excluded Notes held, and confirm that the necessary conditions (e.g. security standards of sites storing backing assets) are met.'
I cannot think of any other type of asset that is worth a guaranteed value, is small, and impossible to sell...
As per my first link, the BoE only acknowledge the existence of these ultra high value notes reluctantly.
Jonno02 said:
I'll choose to not believe you then, thanks.
I have a distinct feeling that it doesn't matter what I link to that's in the public domain, your belief will override it.However, one security feature to help prevent forging is the Eurion pattern that prevents scanning. This makes it harder to get a high resolution image that can be used to create engravings to run a printing press.
According to wiki (yes, not the most infallible source, but it's the only one available), most BoE notes contain it, yet no Scottish or Northern Irish notes are listed.
https://en.m.wikipedia.org/wiki/EURion_constellati...
James_G said:
Story as a buyer rather than a seller.
Decided I wanted a Clio 172 Cup as a 2nd car and found one via one of the Lotus forums of all places. Speak to the owner who tells me his retired mother is using it. No problem, but it's up in Leicestershire so about 3 hours by train for me.
I hate people negotiating with me on the phone so I don't discuss price but instead get on the train to go and see it. Turns out he's been a bit light on detail in the advert and it needs new tyres, has an oil leak, no evidence of a dephaser change, curbed alloys, a few other gremlins and a dent in the rear 3/4 although the paint isn't broken. It's priced at £2200 which was top money at the time (Dec 2014). So in light of this I offer £2k and I can drive it away immediately. In support of my negotiation I have printed off examples of other 172 Cups and 182s that are priced lower or are similar money but lower miles from eBay and Autotrader.
Sadly he absolutely won't budge. He wants the asking price or nothing and if I don't buy it he says he'll keep it. Turns out he's a lawyer and is probably miffed at my evidence approach to negotiating. Still, that's fair enough, it's his car afterall so I ask for a lift back to the station where I take this photo:
I then spend 3 hours going home. Shame, it would have been a nice car after some TLC. Even now I wonder if he ended up selling it a few weeks later and whether he got the asking price. Maybe he's on here saying "some bloke from Guildford turned up expecting to get 10% off - how I laughed"
vever understood people saying they can buy it cheaper elsewhere, just do it thenDecided I wanted a Clio 172 Cup as a 2nd car and found one via one of the Lotus forums of all places. Speak to the owner who tells me his retired mother is using it. No problem, but it's up in Leicestershire so about 3 hours by train for me.
I hate people negotiating with me on the phone so I don't discuss price but instead get on the train to go and see it. Turns out he's been a bit light on detail in the advert and it needs new tyres, has an oil leak, no evidence of a dephaser change, curbed alloys, a few other gremlins and a dent in the rear 3/4 although the paint isn't broken. It's priced at £2200 which was top money at the time (Dec 2014). So in light of this I offer £2k and I can drive it away immediately. In support of my negotiation I have printed off examples of other 172 Cups and 182s that are priced lower or are similar money but lower miles from eBay and Autotrader.
Sadly he absolutely won't budge. He wants the asking price or nothing and if I don't buy it he says he'll keep it. Turns out he's a lawyer and is probably miffed at my evidence approach to negotiating. Still, that's fair enough, it's his car afterall so I ask for a lift back to the station where I take this photo:
I then spend 3 hours going home. Shame, it would have been a nice car after some TLC. Even now I wonder if he ended up selling it a few weeks later and whether he got the asking price. Maybe he's on here saying "some bloke from Guildford turned up expecting to get 10% off - how I laughed"
Jonno02 said:
Sway said:
Trusted source was the colleague at a Scottish note issuing bank who was directly involved in such things, and arranged for me meeting him at the BoE where I was shown a million pound note. Believe me or not, makes no difference to me.
I know of a couple of security measures on English notes that are not common knowledge and don't appear on Scottish notes as they cost more than is deemed worthwhile when looking at the absolute value of Scottish notes. For fairly obvious reasons these things are not available to reference.
One thing to remember, there are security features designed for use by the general public or 'normal' businesses. These are well known, such as the watermark or metallic thread. There are a whole raft that are designed so that banks (specifically their cash and coin processing centres) can tell. They are secret, not remotely obvious, and are never publically spoken of except in the most vague terms. The only one I can think of that has been 'found' in recent British currency is the pattern that is recognised by scanners to automatically prevent scanning our photocopying. The public info about this is almost comical - it's visible and found, yet no one involved will say a word.
I'll choose to not believe you then, thanks.I know of a couple of security measures on English notes that are not common knowledge and don't appear on Scottish notes as they cost more than is deemed worthwhile when looking at the absolute value of Scottish notes. For fairly obvious reasons these things are not available to reference.
One thing to remember, there are security features designed for use by the general public or 'normal' businesses. These are well known, such as the watermark or metallic thread. There are a whole raft that are designed so that banks (specifically their cash and coin processing centres) can tell. They are secret, not remotely obvious, and are never publically spoken of except in the most vague terms. The only one I can think of that has been 'found' in recent British currency is the pattern that is recognised by scanners to automatically prevent scanning our photocopying. The public info about this is almost comical - it's visible and found, yet no one involved will say a word.
POORCARDEALER said:
3 days later im locking garage at 630pm a car pulls up, old guy gets out, its the man from penzance with grand daughter in tow, hes 87, taken him 8 hours to get here, hadnt rung to see if its sold or not...hands me the money without seeing the car...he was going to set off back driving, put him up in local hotel over night, dont think he could have physically drove all that way without sleep.
Friend of Mum and Dad's (nearly Cornish) in his mid eighties, decided to sell his Ducati as the 5 hour ride to Birmingham was getting a bit much and he was going to use the car!mrfunex said:
My story:
A good few years ago I sold an old BMW 323i. It worked perfectly, but had almost been to the moon and was a bit tatty, even by usual E36 standards. The sale went well, my then pride and joy disappearing into the distance...
About a year later, the guy emails me. He wants me to write a letter for him, saying that I actually sold it to his father, not him; stating that we'd filled in the V5 incorrectly.
I ignored him.
Any guesses guys? Best I could come up with is that he'd gone bankrupt and didn't want to lose it?
Insurance frontingA good few years ago I sold an old BMW 323i. It worked perfectly, but had almost been to the moon and was a bit tatty, even by usual E36 standards. The sale went well, my then pride and joy disappearing into the distance...
About a year later, the guy emails me. He wants me to write a letter for him, saying that I actually sold it to his father, not him; stating that we'd filled in the V5 incorrectly.
I ignored him.
Any guesses guys? Best I could come up with is that he'd gone bankrupt and didn't want to lose it?
Sway said:
I have a distinct feeling that it doesn't matter what I link to that's in the public domain, your belief will override it.
However, one security feature to help prevent forging is the Eurion pattern that prevents scanning. This makes it harder to get a high resolution image that can be used to create engravings to run a printing press.
According to wiki (yes, not the most infallible source, but it's the only one available), most BoE notes contain it, yet no Scottish or Northern Irish notes are listed.
https://en.m.wikipedia.org/wiki/EURion_constellati...
Scottish notes cannot be photocopied either.However, one security feature to help prevent forging is the Eurion pattern that prevents scanning. This makes it harder to get a high resolution image that can be used to create engravings to run a printing press.
According to wiki (yes, not the most infallible source, but it's the only one available), most BoE notes contain it, yet no Scottish or Northern Irish notes are listed.
https://en.m.wikipedia.org/wiki/EURion_constellati...
andymc said:
James_G said:
Story as a buyer rather than a seller.
Decided I wanted a Clio 172 Cup as a 2nd car and found one via one of the Lotus forums of all places. Speak to the owner who tells me his retired mother is using it. No problem, but it's up in Leicestershire so about 3 hours by train for me.
I hate people negotiating with me on the phone so I don't discuss price but instead get on the train to go and see it. Turns out he's been a bit light on detail in the advert and it needs new tyres, has an oil leak, no evidence of a dephaser change, curbed alloys, a few other gremlins and a dent in the rear 3/4 although the paint isn't broken. It's priced at £2200 which was top money at the time (Dec 2014). So in light of this I offer £2k and I can drive it away immediately. In support of my negotiation I have printed off examples of other 172 Cups and 182s that are priced lower or are similar money but lower miles from eBay and Autotrader.
Sadly he absolutely won't budge. He wants the asking price or nothing and if I don't buy it he says he'll keep it. Turns out he's a lawyer and is probably miffed at my evidence approach to negotiating. Still, that's fair enough, it's his car afterall so I ask for a lift back to the station where I take this photo:
I then spend 3 hours going home. Shame, it would have been a nice car after some TLC. Even now I wonder if he ended up selling it a few weeks later and whether he got the asking price. Maybe he's on here saying "some bloke from Guildford turned up expecting to get 10% off - how I laughed"
vever understood people saying they can buy it cheaper elsewhere, just do it thenDecided I wanted a Clio 172 Cup as a 2nd car and found one via one of the Lotus forums of all places. Speak to the owner who tells me his retired mother is using it. No problem, but it's up in Leicestershire so about 3 hours by train for me.
I hate people negotiating with me on the phone so I don't discuss price but instead get on the train to go and see it. Turns out he's been a bit light on detail in the advert and it needs new tyres, has an oil leak, no evidence of a dephaser change, curbed alloys, a few other gremlins and a dent in the rear 3/4 although the paint isn't broken. It's priced at £2200 which was top money at the time (Dec 2014). So in light of this I offer £2k and I can drive it away immediately. In support of my negotiation I have printed off examples of other 172 Cups and 182s that are priced lower or are similar money but lower miles from eBay and Autotrader.
Sadly he absolutely won't budge. He wants the asking price or nothing and if I don't buy it he says he'll keep it. Turns out he's a lawyer and is probably miffed at my evidence approach to negotiating. Still, that's fair enough, it's his car afterall so I ask for a lift back to the station where I take this photo:
I then spend 3 hours going home. Shame, it would have been a nice car after some TLC. Even now I wonder if he ended up selling it a few weeks later and whether he got the asking price. Maybe he's on here saying "some bloke from Guildford turned up expecting to get 10% off - how I laughed"
BigLion said:
Exactly - there is a reason you're stood there and not at one of the other places
Guys - let me explain. I don't want the other cars, I want his car. But, at the top money being asked I want to turn up and it not immediately need a bunch of work doing to it. Or I want the seller to be realistic about the condition of his car and take a solid offer. I never said I wanted to buy a cheaper car elsewhere, I merely used the printouts as examples to encourage him to consider his position of "no offers".I had anticipated this difficulty, hence coming prepared and why I had a return train ticket, so it was no big deal and was all dealt with amicably. But I don't understand sellers who, when presented with genuine reasons why their price might not reflect the market, flatly refuse to even entertain an offer.
The day I turn up to see a private sale car that is exactly as described is the day I pay the asking price, but that hasn't ever been the case.
James_G said:
BigLion said:
Exactly - there is a reason you're stood there and not at one of the other places
Guys - let me explain. I don't want the other cars, I want his car. But, at the top money being asked I want to turn up and it not immediately need a bunch of work doing to it. Or I want the seller to be realistic about the condition of his car and take a solid offer. I never said I wanted to buy a cheaper car elsewhere, I merely used the printouts as examples to encourage him to consider his position of "no offers".I had anticipated this difficulty, hence coming prepared and why I had a return train ticket, so it was no big deal and was all dealt with amicably. But I don't understand sellers who, when presented with genuine reasons why their price might not reflect the market, flatly refuse to even entertain an offer.
The day I turn up to see a private sale car that is exactly as described is the day I pay the asking price, but that hasn't ever been the case.
I sell cars or bike that I genuinely own myself, and always from my home address; the last thing I want is getting my head stove in while I'm down the pub or my windows put in at 3am because some fanny thinks I've ripped him off.
If you can come and view one of my bikes or cars and find a fault I don't know about, you're making it up.
James_G said:
Guys - let me explain. I don't want the other cars, I want his car. But, at the top money being asked I want to turn up and it not immediately need a bunch of work doing to it. Or I want the seller to be realistic about the condition of his car and take a solid offer. I never said I wanted to buy a cheaper car elsewhere, I merely used the printouts as examples to encourage him to consider his position of "no offers".
I had anticipated this difficulty, hence coming prepared and why I had a return train ticket, so it was no big deal and was all dealt with amicably. But I don't understand sellers who, when presented with genuine reasons why their price might not reflect the market, flatly refuse to even entertain an offer.
The day I turn up to see a private sale car that is exactly as described is the day I pay the asking price, but that hasn't ever been the case.
That's fair enough I had anticipated this difficulty, hence coming prepared and why I had a return train ticket, so it was no big deal and was all dealt with amicably. But I don't understand sellers who, when presented with genuine reasons why their price might not reflect the market, flatly refuse to even entertain an offer.
The day I turn up to see a private sale car that is exactly as described is the day I pay the asking price, but that hasn't ever been the case.
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