apologies car related, but some knowledgable folk here . As exec of my brothers estate I've got to get shot of his Saab estate. Looking for easy route , whilst discharging responsibilities ( albeit I don't get any of the cash,at all, hence in not looking to do a lot of work to scratch every penny out of the sale) Is one or other of the above likely to generally be better in terms of amount raised, at a simple level. Any opinions welcome, ta.
WBAC.com will send cars they buy to auction if they cannot sell them at their retail outlets so their initial offer on a "trade" car will potentially get less than auction prices. That said block price is reduced by auction house sellers' fee +VAT. Whichever way you choose, you won't get potentially what it is worth in a private sale. You are damned if you do and I am afraid to say you are damned if you don't. Best of luck at what is a difficult time. Andy
Stick it on Pistonheads.......the fee isn't huge and you may stand a chance of getting a better price than WBAC and auctions. Auto trader isn't too bad either.
WBAC or similar you might have an issue with, if the V5 is not in your name and it has to be for a minimum of 3 Months I think. Saab forum or PH as said, Ebay works, but would suggest a classified advert, saves people bidding and not turning up.
cheers Andy, useful info. On e I've done the car will have to get rid of his boat, will WBAC want a 1905 Poole fishing smack do you reckon?!!
challenge with that is car is near Rochester and I'm 185 miles way. and i can't be fagged with the tyre kicking routine, and principal beneficiary ( not me) has not expressed any interest in joining in- hence my line of least resistance/easiest disposal.
hadn't thought of that, will have to check, id have though a death cert and coroners report would give me decent bona fides, but thanks for pointing out
As executor, the death certificate and Letter of Authority (what used to be called probate) should see you right, no problem. Andy
p My wife and I are just finishing disposing of her best friends estate as executors. All of the financial institutions we dealt with were happy to deal with us on production of a death certificate, will and proof of id. The problem is though you may get chased by the taxman to fill in one of his forms to show it is below the £350,000 threshold. We had to dispose of her house The Solicitor wouldn't deal with us until we produced a grant of probate. Probate will cost the estate £250. If I were you I would open a bank account specifically for the proceeds of the estate and keep a record of what you put in and take out. Be transparent in case the beneficiary gets funny
WBAC will pull your pants down, but if you want a fast sale. You could just drive it to a local pitch or two and ask them to buy it WBAC is owned by British car auctions All WBAC stock goes through BCA halls. Where there are traders like me buying them.
