Paypal Fees

HollaHolla84 · 23 December 2008 at 5:30PM

Hi there I'm in a bit of a rush. I've just sold something on ebay for £750 and the buyer wants to pay via paypal, I've had quick look on the paypal website and cant find anything clear. Does anybody know what kind of fee Paypal will charge for this amount of money?
I'm trying to get the buyer to pay deposit via paypal and pay the rest cash.
Help would be most grateful, thanks in advance.

CompletelyLost · 23 December 2008 at 5:33PM

According to PPCalc, you'll be charged £25.70 in fees.

http://ppcalc.com/

HollaHolla84 · 23 December 2008 at 5:35PM

CompletelyLost wrote: »

According to PPCalc, you'll be charged £25.70 in fees.

http://ppcalc.com/

Thanks for that, never knew such a great site existed.

soolin · 23 December 2008 at 5:40PM

Incidentally unless it is a car or other vehicle you must accept paypal, you cannot refuse it. if it is a car then please please refuse point blank to accept paypal as without proof of delivery the buyer can just charge back th epayment if they happen to be a scammer.

Of course that leaves the much discussed problem of large items that can't be posted and yet must be paid for by paypal if requested..scammers love those auctions and there is no way at all to protect yourself.

HollaHolla84 · 23 December 2008 at 6:16PM

Thanks Soolin, It is a Van so same thing really. He is being slighty odd about it, his reputation is 83 and its 100% so I guess they should be ok. I've asked for a deposit through paypal which hasn't turned up yet tho and cash on collection which is isn't keen on. He thinks paypal offers him some form of protection which is debatable if you read these forums. Thanks

SEE · 23 December 2008 at 7:42PM

HollaHolla84 wrote: »

Thanks Soolin, It is a Van so same thing really. He is being slighty odd about it, his reputation is 83 and its 100% so I guess they should be ok. I've asked for a deposit through paypal which hasn't turned up yet tho and cash on collection which is isn't keen on. He thinks paypal offers him some form of protection which is debatable if you read these forums. Thanks

You should trust what the buyer is saying. Paypal protect you both. If your van is dodgy within a period of 30days the buyer can claim his money back and you'd have to collect the van. If the van is fine you should have no problem accepting Paypal. But, even if you accept cash, if the van is dodgy Paypal will freeze your account and take you to court to retrieve the money for the buyer.

soolin · 23 December 2008 at 10:19PM

SEE wrote: »

You should trust what the buyer is saying. Paypal protect you both. If your van is dodgy within a period of 30days the buyer can claim his money back and you'd have to collect the van. If the van is fine you should have no problem accepting Paypal. But, even if you accept cash, if the van is dodgy Paypal will freeze your account and take you to court to retrieve the money for the buyer.

I'm sure the regulars on the ebay board are passing out in surprise as I usually defend paypal, but no no no. Paypal offers NO security at all to a seller where an item cannot be delivered and proved via one of only a limited methods of postage to have been received.

It doesn't matter what the van is like if the buyer is a scammer, or if this is a hijacked account accessed by a third party they can pay by paypal collect the van and then reclaim their money. In that instance there is nothing at all that the seller can do to defend the chargeback.

Before we get into silly realms, no , taking a photo of the van being collected, or getting the Queen to sign a statement to say the van was handed over is no good, only online tracked methods of delivery are allowed in the event of a paypal chargeback. paypal themselves say that paypal is not suitable for collected items.

This is the most common scams going and if you have not come across it before I would strongly suggest you get over to the ebay boards (see my signature) as it won't be long before someone posts a horror story about getting caught out.

paypal is absolutely fine in 99% of cases, I use it by choice and not because ebay force me to take it. However you must know what you are doing and how to prtect yourself .

HollaHolla84 · 24 December 2008 at 12:35AM

Thanks again I think Soolin, Worried me abit but hopefully everything will be ok. Maybe if I ask for I.D to prove he matches the ebay account might be a good idea? I know its not 100% but if I know where he lives I can get the police involved if anything would go wrong??

scheming_gypsy · 24 December 2008 at 4:07AM

its possible he doesn't have the cash and is using his credit card to finance the van.
Plus, if you're selling the van as 'sold as seen' Paypal won't protect anything. you're not offering a warranty on it so once he drives it off he's seen it as fully working and accepted its condition.

We sold a boat last year, sold as seen, and the buyer decided to take it for a service after taking delivery. He'd come down to see it, started to see it and said he was happy with it and couldn't wait to take it out on the water.
Then after his having it serviced he decided it was a death trap and needed a new engine so he wanted a deposit.. we'd used this boat for 3 years with no problems.
He went to the CAB who told him to write me a letter demanding a partial refund or he'd take me / us to court. I responded informing him that it was sold as seen and he came down, started it up, turned it over and was more than happy. The CAB told him he didn't have a leg to stand on because he accepted the condition of the boat when he saw it.

soolin · 24 December 2008 at 9:42AM

Forget all about sold as seen or any other normal defence under trading rules, this is paypal and they work differently in the first instance. Forget everything logical in this case and concentrate only on the paypal rules.

The scenario for a scammer is that they pay by paypal, collect the car and then merely start a chargeback for item not received, unless you can prove delivery using online tracking allowed by paypal, basically only RM or DHL paypal will refund the buyer from your account. It is as simple as that. Buyer doesn't have to go to court, doesn't have to prove he doesn't have the item or that it is not as described, the only way the seller can stop the chargeback is to prove delivery.

Obviously once the buyer has the car and their money back the seller can go through normal legal channels in an attempt to get it back, but that is beside the point.

This is the most basic common scam and the ebay forums, anti paypal sites and even the ebay board on MSE are full of sellers who have misunderstood how it works and been conned.

HollaHolla84 · 24 December 2008 at 11:27AM

Ok so from my understanding if I can get some photo I.d off of him then I know for sure who he is, therefore I'm going to fill out these details onto the log book and send it to dvla? So if he was to deny the fact that he has the van then in theory I should demand the log book back off him, declare it SORN or not demand the log book and declare it stolen?? I personally think I will be ok to be honest, It seems alot of effort for a banging up 12yo VW van?

Paypal Fees

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