+- 306oc - Peugeot 306 Owners Club & Forum (https://www.306oc.co.uk/forum)
+-- Forum: General (https://www.306oc.co.uk/forum/forumdisplay.php?fid=6)
+--- Forum: The Couch (https://www.306oc.co.uk/forum/forumdisplay.php?fid=7)
+--- Thread: PayPal questions. (/showthread.php?tid=4765)
PayPal questions. - ginge191 - 10-07-2012
So I'm selling a car online, it's up for £1195 and has has had a fair bit of interest.
I'm wondering, as many are asking if I accept PayPal, whether once money is transferred, can they then just withdraw their transfer?
Is there a legit way to ensure ill get the money?
I'm currently saying PayPal deposit only and cash on collection.
Answers on a postcard. Thanks.
RE: PayPal questions. - mark_airey - 10-07-2012
IMO paypal make it far too easy for the buyer to claim their money back after the sale so I would stick with saying no, even if you were to withdraw the money from paypal you would just end up with a paypal account that contains -£1195 and they will also bum you for fees so I would just generally avoid them for any large transactions like that TBH!
RE: PayPal questions. - ginge191 - 10-07-2012
IMOTBH mark I agree, and would hate the neg balance to appear •_•
RE: PayPal questions. - spike2002 - 10-07-2012
Cash on collection when selling a car dont use paypal as u will most likely get scammed
RE: PayPal questions. - mark_airey - 10-07-2012
(10-07-2012, 09:57 AM)ginge191 Wrote: IMOTBH mark I agree, and would hate the neg balance to appear •_•
Feck off Ginge, you know what I mean though! and it it totally IMO TBH
its just too easy for them to claim it back after the sale has gone through and they have the car and on an amount like that paypal would have a field day, stick to a non-refundable desposit via paypal and rest cash on collect as you are
IMO................
RE: PayPal questions. - Pompey306mark - 10-07-2012
Never had a problem with PayPal. Just keep the proof that they have taken delivery of the item. Then any ruling will go in your favour.
RE: PayPal questions. - ginge191 - 10-07-2012
Fair points; what about PayPal gift payment? That cant be withdrawn
RE: PayPal questions. - mark_airey - 10-07-2012
(10-07-2012, 10:02 AM)Pompey306mark Wrote: Never had a problem with PayPal. Just keep the proof that they have taken delivery of the item. Then any ruling will go in your favour.
9 times out of 10 though paypal side with the buyer regardless, all well and good having taken delivery of an item but if its not as described they can still claim their money back, I would stick with cash, that is much harder for them to try and claim back!
RE: PayPal questions. - C.A.R. - 10-07-2012
F*ck having that much come through PayPal.
They will take a big ol' percentage of whatever you take so your chances of actually receiving £1195.00 in full in your bank account are slim as feck.
I'd ask for a 10% deposit via paypal and arrange to pay in person / on collection, like most car sales.
RE: PayPal questions. - spike2002 - 10-07-2012
(10-07-2012, 10:02 AM)Pompey306mark Wrote: Never had a problem with PayPal. Just keep the proof that they have taken delivery of the item. Then any ruling will go in your favour.
Unless the account used has been used without the owners permission then you will lose all the money and the car.
RE: PayPal questions. - Matt - 10-07-2012
Don't use PayPal unless gifted. PayPal charges are a bitch
RE: PayPal questions. - spike2002 - 10-07-2012
Paypal gift can also be claimed back if the other person reports that there account has been used but not by them
RE: PayPal questions. - mark_airey - 10-07-2012
(10-07-2012, 10:19 AM)R45_ODV Wrote: Paypal gift can also be claimed back if the other person reports that there account has been used but not by them
I think that he was meaning to avoid the fees mate
RE: PayPal questions. - spike2002 - 10-07-2012
I know what matt was saying but i fort i would add that it can still be claimed back if ginge sold his car and got paid gift
RE: PayPal questions. - Eeyore - 10-07-2012
id say that you were doing it right mate. I would definitely allow paypal as a deposit but i would definitely want the remainder in cash!
RE: PayPal questions. - ginge191 - 10-07-2012
Seems they sent a few messages each as i took a few days to reply; now i've been waiting a day since telling them i only take CoC and a paypal deposit. I've heard NOTHING back, just avoided a scam perhaps..
RE: PayPal questions. - Matt - 10-07-2012
Could be that way. Some can be legit. I wanted to pay £1k cash and £1k PayPal when I was looking at a 2k rallye. Only cos I had 1k in my bank and 1k in credit cards lol
RE: PayPal questions. - darrenjlobb - 11-07-2012
The only reason people want to pay by palpal, is because they want to take you for a ride, simples, cash on collection