jiffthejiffmanjaffa

iTrader: (10)

I've been long thinking on a way to sell cars quickly and easily.

I've just come up with an idea which to me seems perfectly acceptable, and to the best of my knowledge is not against the law.

A Raffle. As simpy as that. E.g. I have a car that owes me £5k for example. I sell 500 tickets for a tenner each or 5000 for a £1 and then hold a draw,

I get my money fior the car, and someone wins a car very very cheaply.

Is there anything that wouldstop me from doing this?

Clearly the draw would have to be witnessed and documented to disprove any wrongful doings, but that the only tricky bit I can forsee.

SC008Y_MAD

iTrader: (5)

Why not put it up for auction on a very well known auction site?

GC8

Yes it is illegal: it would be an illegal lottery.

classic Subaru Si

A mate of mine did this a while back with a pretty expensive moutain bike. Basically he bought it brand new, then a couple of weeks later he broke his neck (not on the bike, surfing). Anyways, he got hold of a reel of tickets and sold them for 2 quid each. He then had a web cam type thing in which he pulled the winning ticket out of the hat ( along with a couple of whitneses). and hey presto - I think he even made a bit on what he bought if for originally too!! Good idea me thinks, but you've gotta have the rules set out in black and white before you sell one ticket mate!!

mgcvk

People are doing this with houses so I don't see why you couldn't do it with a car with strict rules in place etc.

GC8

Its completely illegal to do this with houses; and cars.

markdn

Not entirely true - if it's been regulated and conforms to UK laws on Lotteries then perfectly legal.

GC8

True, but to the best of my knowledge it wouldnt be approved and its massively impractical financially. The OP and others are plainly talking about unregulated and illegal lotteries though.

AndyC_772

iTrader: (2)

This, of course, is why so many TV and radio shows have competitions in which they ask a stupidly easy question; by incorporating a test of skill, however trivial, their phone-in is no longer a 'lottery' in the legal sense.

Personally I suspect you'd find it a whole lot more straightforward to stick an ad in Auto Trader, though. Then you only have to find one buyer, not 5000.

oli1983uk

there was story in the news a little while ago about an old couple who sold off tickets to have there house. Think they was selling tickets for something likes £50 each but only had about 10,000 tickets for sale.

timmy2take

iTrader: (7)

I think it sounds like a good idea, and i'd be tempted to look further into it.

GC8

I wouldnt touch it with a sh*tty stick!

powerman1

a five grand second hand car may not be that attractive to the majority of people but a new one would be..best sell it in the autotrader and have done with it

timmy2take

iTrader: (7)

I'd have a go for £10 a pop personally as long as obvious rules were put in place etc.

chrisUK300

iTrader: (10)

something similar was done on a skyline forum awhile back, IIRC the owner basically ripped everyone off, ill try and find it.......

noobyscooby

Sorry but you are wrong.

It is legal to hold a draw as long as there is a question for entrants to answer along the lines of, for example, "Which driver won the World Rally Championship in 1995?".

Correct entries are placed in a container and the draw is made.

This is a well documented and legal way of moving anything on provided, of course, you sell enough tickets.

GC8

No Im not. That wasnt what was proposed was it? What was proposed was completely and totally illegal.

noobyscooby

No it wasn't "completely and totally illegal" - he just hadn't got the bit about the question. The rest of his idea was a good one that needed a little refining which if why people ask questions on here.

And if you had known about the the need for a question - and you clearly did not - you could have told him instead of just repeating unhelpful and inaccurate remarks which anyone could sort out with a quick Google in moments.

Now go and boil your head for 4 minutes, crack the top and eat your brains . . . . only yoking!

noobyscooby

Actually, on second thoughts, you are just a ****.

a_fisher

They do this in airports for ferrari's etc. Pay £50 or so for a ticket. However once you've bought the ticket, you have to do a 'spot the ball' competition or something similar to keep it legal.

MikeCardiff

iTrader: (2)

Main problem is that you will have to set a date for the draw - its no good saying that you will only do the draw once all 500 £10 tickets have been sold, as that could take years.

Then what happens if by the draw date you have only sold 50 tickets ? are you going to let the car go for £500 ?

For something only worth £5000 put it on Ebay or in Autotrader and dont bother mucking around with raffles or draws.

PantsUK

iTrader: (1)

I'll buy a ticket for £1 when's the raffle?

alba15031

i would have a ticket. I think its a good idea, but there is probably some law against this sort of thing.

dave247

Why not do it with the bonus ball on the lottery and sell the numbers for £100 each? (£4900)

Set a date for which the draw will be on and then everyone knows that the draw wasnt fixed.

I would be wary buying raffle tickets over the internet lol

jiffthejiffmanjaffa

iTrader: (10)

GC8 can you back up your claims that this is totally illegal? Saying something si very easy, but proving it is another yes?

MMT WRX

A bloke I know did this for his house..a really big house worth a lot of money.

He ended up in prison for 4 years.

It was about 20 years ago and if I recall correctly, it went something like this.

He was selling tickets for £50 a pop and there was a question with a choice of three answers. Anyway, the question was a bit vague and put people off buying tickets so he put the answer in the local paper. As a result the police closed his raffle down. Only problem was, he didn’t record the names of all the peeps that had bought tickets so had no way of refunding them or in fact, exactly how much cash was actually taken.

MMT WRX

Take a look here about a raffle for this place here

You decide

GC8

A bit of research on t'internet will point you in the right direction. The law had to be changed to allow the national lottery. Local government lotteries have to be registered and the process is protracted and expensive. Adding an element of skill might see you on the right side of the law but itll be a minefield I think.