How should you receive payment when selling your car?

AutoExec Summary
Selling a car involves trusting a stranger with a large sum of money. It is important to have a written agreement with details like price, vehicle description, and payment method. The safest ways to receive payment are online bank transfer, instant bank transfer in-branch, cash, or bank cheque. It is advisable to ask for a 10% cash deposit, avoid using PayPal or cryptocurrency, and not accept payment plans. Scammers may try to trick sellers into transferring money, so it’s important to be cautious.
Brands mentioned: Holden, Toyota.