Avoid the Pitfalls When Selling Your Van

Avoid the Pitfalls When Selling Your Van

If you’re a self-employed courier driver, when it comes time to sell your trusty van and invest in a new one, don’t get conned by Internet fraudsters!

Time to trade up from your trusty old delivery van for a new model? With a host of online marketplaces at your fingertips, selling a van is a lot easier than it used to be. But make sure you don’t fall prey the many potential swindlers lurking in the cyberhalls…

Whenever you’re dealing with financial transactions over the Internet you need to be alert to the myriad ways nameless, faceless criminals can try to fleece you. But when you’re a self-employed courier driver and talking about the sale of a vehicle involving several thousand pounds, it’s even more important to know what to look out for.

Check your PayPal

paypal-784404_960_720

While generally PayPal is considered a safe way to make transactions, there are some unscrupulous characters out there that have found some fairly ingenious ways of deceiving a seller. Here’s the scenario: you find a buyer for your van and they agree on your price. So far, so great! They make a payment to your PayPal account, but ‘accidentally’ pay you too much. Oh dear, would you mind please paying back the difference, they ask, ever-so-nicely? You check and sure enough there’s the overpayment showing up in your account so, naturally, you want to show your integrity and immediately return them the difference.

Here’s where it all goes pear shaped, because once you’ve made the refund, suddenly the original payment disappears in a puff of smoke – leaving you out of pocket with, in most cases, virtually no comeback. There are various ways this happens, including a fake receipt of payment, or the original payment being made with a stolen credit card, which is subsequently cancelled. Either way you’ve lost your dough – and for a self-employed courier, that could mean the difference between buying that new van and going back to a moped!

Don’t Fall for It

While it’s very tempting to take the money and run when you get a good offer on your vehicle, you can avoid being a victim of this kind of con (and there are many others out there) by following a very simple personal checklist.

list-2389219_960_720

Check the validity of emails. One easy way of checking that a PayPal email is genuine is by logging in to the website in a new browser window (don’t click through from the email) and checking the details of the payment.

  • If the buyer requests money for anyreason, run a mile. You are the seller, there is no reason you should be paying them anything! It’s a sure sign of a dodgy operator.
  • If a buyer insists that they can’t talk on the phone and can only communicate by email, it is a definite red flag.
  • If someone offers to pay the full asking price, no questions asked, there’s a good chance there’s a rather odorous rat somewhere! Remember what your dear old granny always told you: if it sounds too good to be true, it probably is.

Been a victim of an online van fraudster? Let us know! You can’t put a price on the kind of community networking the Courier Exchange platform enables, and for a self-employed courier, knowing your mates have your back is absolute gold.

Newsletter

Stay ‘in-the-loop’ with the latest news, products and services from Courier Exchange.

Similar stories

Royal Mail Offering Owner Driver Jobs

Hello, sweethearts!

Well, it appears I may have to eat a small serving of my words this week. Why am I embarrassed, you might ask? Well, if you were paying attention you'll know that last week I published a post about how I was glad owner driver jobs were becoming more popular in order to offer some healthy competition to Royal Mail. I was saying I think it's a lesson for the Post Office not to get smug and to actually update their prices.

Read the full article

The Worcestershire-based White Logistics & Storage Limited is the latest road transport operator to become a member of Transport Exchange Group’s freight trading platform.

Using the Exchange the company aims to maximise free capacity by filling empty return loads and getting connected with likeminded logistics partners across the UK.

Read the full article

Looking to purchase a used delivery van? With multiple online marketplaces at your fingertips and a wide array of vehicles from which to choose, the process can be relatively quick and hassle free. However, with Internet fraud on the rise, it’s also a case of buyer beware…

Read the full article

The Transport Awards, now in its twelfth year, has again showcased the major success and best practise that is taking place within the freight industry at its annual awards ceremony. Organised by Transport Exchange Group, operator of the largest and fastest-growing freight exchanges within the UK, the event celebrated the greatest achievements amongst almost 3,000 courier and haulage member businesses over the past year.

Read the full article

Here to help

Talk to us! On the phone, online or in person… we’re here to help.