Secure payment when selling your car

The standard payment at mirkaafenaerenauto.lu is by SEPA bank transfer. After the contract is signed, we transfer the agreed amount to the seller's bank account as stated in the purchase contract. This usually happens on the same working day. The payment is traceable through the banking clearing process, the seller sees the incoming credit on their statement, and both sides have bank-side documentation of the transaction.

The transfer is made from an MKAA sàrl business account. The payment order carries the purchase contract as the reference. If an exceptional delay occurs (public holiday, banking outage, cross-border particularities), we notify the seller directly and state a concrete target time window.

For sellers with accounts outside Luxembourg, such as Germany, France or Belgium, SEPA works exactly as it does within Luxembourg. A normal SEPA transfer typically takes a few hours within the working day; SEPA Instant is near-instant if the recipient's bank supports it.

The operational goal at mirkaafenaerenauto.lu is clear: payout on the same working day as the contract. In practice, this means our process is set up so that a purchase contractually finalised by the afternoon goes out as a SEPA transfer on the same day. An early-morning signing typically means the money lands on the seller's account by the afternoon.

The payouts are directly overseen by Jehad Issa, treasurer and co-gérant of MKAA sàrl. He coordinates the payments personally, without intermediate layers. This is a deliberate choice: the payout is a sensitive step, and we want it overseen by a named team member rather than by an anonymous back office.

If you have a specific timing requirement (e.g. the money is needed for a follow-up purchase), raise the topic during the appointment. We will plan the payment so that your requirement is met.

Car selling is one of the most common scenarios for scams, especially on online marketplaces. Private sellers are regularly confronted with tricks: fake cheques, doctored bank transfer screenshots, supposed overseas buyers who want to "prepay a deposit", or pickup agents who take the car and promise payment "once they are home". In a professional purchasing process at mirkaafenaerenauto.lu, these attack vectors disappear.

Our process protects the seller at several levels. The seller remains in full possession and full use of the vehicle until the contract is signed. The payment is made by traceable SEPA bank transfer, not by anonymous cash or dubious cheque. The contract signing takes place in a public business location (Bertrange or Roost branch) with witnesses from the mirkaafenaerenauto.lu team, not on a private car park. MKAA sàrl is registered in the Registre de Commerce et des Sociétés under B 206.366 and holds a valid Autorisation d'établissement, both verifiable through public registries.

Importantly: we never ask for a payment or for bank details outside the purchase contract in advance. Anyone claiming to act on behalf of mirkaafenaerenauto.lu and asking for something upfront is not an mirkaafenaerenauto.lu employee. If in doubt, call us directly on +352 26 17 61 31.

Every purchase at mirkaafenaerenauto.lu is documented: a written purchase contract with vehicle and contract data, identification check of both parties (ID card or passport), and payment documentation through the SEPA clearing process. The transaction is traceable for the seller in their own bookkeeping (private asset reallocation or business asset) and recorded in mirkaafenaerenauto.lu's in-house database.

This documentation matters particularly if you sell a company car from the fixed assets of a sàrl or SA. Your accountant needs a proper sales document and a clear payment receipt. A cash transaction often only partially meets this requirement; a traceable SEPA transfer meets it in full.

For private sellers, transparency is an additional layer of protection: in case of questions from your tax office, your bank or later inquiries, the payment is unambiguously identifiable. You always have a clean record of the origin and amount of the sale proceeds.

Since 2024, mirkaafenaerenauto.lu no longer pays out cash, regardless of the amount. This is a deliberate decision to make the process safer for the seller, for our team and for the accounting. The decision applies to mirkaafenaerenauto.lu only; it is not a statement about other buyers who continue to pay in cash.

The main reasons. First, traceability: a SEPA transfer automatically leaves a documentation trail that is transparent for everyone involved. Second, safety: holding and paying out large sums of cash inside a business carries risks that neither the seller nor mirkaafenaerenauto.lu need to bear when a safe alternative exists. Third, the legal framework: cash transactions in Luxembourg are subject to strict commercial limits, which would force many vehicle purchases into split payments anyway.

For sellers who explicitly want a cash payout, mirkaafenaerenauto.lu is therefore no longer the right partner. We state this openly so that nobody comes to us with wrong expectations. Whoever accepts SEPA gets the faster, safer and better-documented option.