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How do I get paid?
- You can opt for an immediate ELECTRONIC BANK TRANSFER (EFT). The bank charge €45 for this, this is passed onto the seller For ease, this can be deducted from the payment transferred. You can select this option on the next page. Where requested, we can also pay by cheque
- Yes, no problem When you are accepting the offer, add your IBAN and we will make the payment to that account The payment is made when the inspector signs off the car
- No problem, our account team would be more than happy to call you and discount To put your mind at rest, our system is secure and can only be accessed by our accounts team Your IBAN is also an address for money in and not out, a person would need your bank card, pin and photo ID to withdraw money from your account.
- The transfer is done immediately when out inspector is there The inspector signs off the car, does the paperwork and instructs accounts to make the payment If you have an AIB Bank account, its instant Bank of Ireland quote “instant” but are slightly slower Ulster, KBC and TSB do not guarantee instant payment at all and in most cases, these are 24 hours You are always provided with a transfer receipt when the transfer is done Feel free to use a spouse or family members account where the transfer time is quicker.
- Its paid in the same way as getting it directly If there is €10,000 owed to a finance company & €5,000 to the seller, both payments are auctioned at the same time
- Car finance stays with the car All cars on finance are registered with HPI (this is a bank charge on the car) We cannot change the ownership over to the new owner until the bank release this charge The car must be clear on HPI for the new owner to take ownership
- Unfortunately that isn’t possible We have a duty of care to the buyer whose money we are in charge of We need to know the finance is paid so we make the payment directly Our accounts team then lies with the finance company to ensure the HPI charge is released
- No I’m afraid not, it’s not practical for us to pay in cash We are picking up 6-8 cars a day so it’s not safe for our drives to carry cash either We also need a record of each sale for both the buyer and the seller
- Get one, we don’t live in the stone age
- We prefer not to pay into non-Irish banks as it causes delays in our process Ideally, if you give us your Irish bank account details and then you can transfer the money on yourself This is safer and easier for the seller
- We can try facilitating wherever possible Ideally, if you give us your Irish bank account details and then you can transfer the money on yourself This is safer and easier for the seller
- In some cases yes but we would need to understand the relationship between the bank account and the registered owner Where a person is deceased, that’s no problem