busaboy74
Joined: 17 Aug 2008
Location: Warwickshire
Posts: 274
 
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Hey all,
Selling a Defender on ebay which is up for £15,000ish.
have a potential buyer asking to pay with paypal, would it be ok and would the cash transfer over the weekend or what do i need to check that i have received it. I use it all the time for £100 type sales. If you are helpful and then stop, you get more agro than if you never helped in the first place.
2005 TDV6 SE Silver
2002 110 Td5 CSW Defender Overland Preped (still for sale)
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 Sat Sep 06 2008 8:57am |
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DG
Site Moderator
Joined: 12 Dec 2005
Location: In the pubic domain !
Posts: 15301
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There's no reason why it shouldn't be safe, perhaps even safer than other methods, howvever paypal may carry out extra security checks for large transactions and you might want to check what fees might apply to you receiving money ISTR its up to about 3.4% .
Checkout there security centre fro more details
https://www.paypal.com/uk/cgi-bin/webscr?c...er-outside Powered by TorqTune
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| Sat Sep 06 2008 9:11am |
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kevi
Joined: 18 Mar 2006
Location: in the rhondda valleys
Posts: 289
 
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Surely it depends on how much in fee's you will have to pay
people normaly just ask for a £200 deposit on auction end , then the balance on pick up
why would he want to pay it all with paypal ??????
i'am sure it is as safe as any other method , bar hard cash in your hand TDV6 5 SEAT BASE NO GIMMICKS NO FUSS
tow pack, tasmods sills
IT goes without sayingthat you should never have more children than you have car windows
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| Sat Sep 06 2008 9:13am |
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busaboy74
Joined: 17 Aug 2008
Location: Warwickshire
Posts: 274
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Just talked to Paypal (indian call centre!)
I would be charged £500 on a £15,000 payment. Buyer pays nothing.  If you are helpful and then stop, you get more agro than if you never helped in the first place.
2005 TDV6 SE Silver
2002 110 Td5 CSW Defender Overland Preped (still for sale)
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| Sat Sep 06 2008 9:37am |
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MacLeod 313
Joined: 18 Apr 2008
Location: East Sussex
Posts: 1697
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exactly, always deposit via Paypal, balance on collection. I would'nt want a hit of £500 PERMANENTLY IN THE SITE NAUGHTY CORNER
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| Sat Sep 06 2008 9:41am |
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busaboy74
Joined: 17 Aug 2008
Location: Warwickshire
Posts: 274
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Just checked....the buyer has a rating of........yes you guessed it........0
I didn't include paypal as a buying option, its the buyer that wanted it. I want cold hard cash  If you are helpful and then stop, you get more agro than if you never helped in the first place.
2005 TDV6 SE Silver
2002 110 Td5 CSW Defender Overland Preped (still for sale)
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| Sat Sep 06 2008 9:44am |
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kevi
Joined: 18 Mar 2006
Location: in the rhondda valleys
Posts: 289
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busaboy74 wrote:Just talked to Paypal (indian call centre!)
I would be charged £500 on a £15,000 payment. Buyer pays nothing.
what about e bay's final selling fee ? TDV6 5 SEAT BASE NO GIMMICKS NO FUSS
tow pack, tasmods sills
IT goes without sayingthat you should never have more children than you have car windows
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| Sat Sep 06 2008 9:47am |
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busaboy74
Joined: 17 Aug 2008
Location: Warwickshire
Posts: 274
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End the auction early and do private sale  If you are helpful and then stop, you get more agro than if you never helped in the first place.
2005 TDV6 SE Silver
2002 110 Td5 CSW Defender Overland Preped (still for sale)
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| Sat Sep 06 2008 9:51am |
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DrLex
Joined: 15 Jul 2005
Location: Ciderspace [Oi be in Zummerset]
Posts: 1488
 
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kevi wrote:
what about e bay's final selling fee ?
ISTR there's a standard listing fee /selling fee for cars so as to allow "expensive" cars to be traded without penalty. Paypal fees are obviously outside such. Time flies like an arrow; fruit flies like a banana
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| Sat Sep 06 2008 1:46pm |
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