Paying for a car with Paypal
Discussion
A potential buyer of my car would like to collect on Sunday and from what I gather, would like to pay using Paypal.
Are there any possible Paypal scams I should be aware of or is it a trustworthy method, in so much that if Paypal allows the payment then the source of the funds is genuine?
Any advice gratefully received. Thanks.
Are there any possible Paypal scams I should be aware of or is it a trustworthy method, in so much that if Paypal allows the payment then the source of the funds is genuine?
Any advice gratefully received. Thanks.
I sold my Bentley wheels via Paypal and there was a selling fee, so you have to factor that in.
Also, there is the Paypal safety net where folk can get refunds if they are not happy with their purchase.
Personally, I would tread very carefully.
Why not ask for a direct bank transfer or bankers draft. A lot safer.
Also, there is the Paypal safety net where folk can get refunds if they are not happy with their purchase.
Personally, I would tread very carefully.
Why not ask for a direct bank transfer or bankers draft. A lot safer.
My understanding of paypal was that if you pay via the gift method there's no way the buyer can reclaim their money and you also avoid the paypal fees, so this could be an option. If they won't use the gift method then i'd definitely recommend not going down that route as they can then reclaim the money once they've received your item.
I'd still be asking myself why they would want to use paypal instead of a direct bank transfer though, seems a little strange, unless like above they are wanting to use a credit card to make the purchase.
I'd still be asking myself why they would want to use paypal instead of a direct bank transfer though, seems a little strange, unless like above they are wanting to use a credit card to make the purchase.
ensnare said:
My understanding of paypal was that if you pay via the gift method there's no way the buyer can reclaim their money.
Sadly incorrect.http://forum.rebelscum.com/t1095761/
backwoodsman said:
Wow, news to me, seems you can't use the paypal system to get the money back, but if the buyer has paid for the gift with a credit card then claims it back from their credit card company, paypal will automatically retrieve the money, as in their eyes it was a gift and no items should have changed hands. Good to know for future, thanks!
andycaca said:
Oh no! What are you replacing it with?
Tis a sad day. After spending thousands - literally - getting it sorted, I'm selling it. I must be nuts. However, I thought it might be nice to treat my wife to a Range Rover. She's always wanted one and after battling cancer this year and coming out of it with her head held high I would get her one as a nice early Christmas present. As much as I'd have loved to have both sat on the drive, the sensible choice is to keep her Jetta instead rather than have an S8 as 'the runaround'. It would be a waste of a fine car.
We need a second car that we're not overly precious about and doesn't need to stop at every other petrol station on any given journey. If I want speed her car is plenty quick enough (it's the 2 litre Golf GTI engine model with DSG). I'll be back in an S8 in a few years time.
I like to think of the RR as a palette-cleansing sorbet between dishes. You know, the sort of sorbet that breaks down at the side of the road and costs a fortune.
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