Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • richardvc
    • By richardvc 15th Jul 17, 8:01 AM
    • 1,089Posts
    • 1,454Thanks
    richardvc
    Selling on Ebay / wants to pay by Paypal
    • #1
    • 15th Jul 17, 8:01 AM
    Selling on Ebay / wants to pay by Paypal 15th Jul 17 at 8:01 AM
    Good morning,
    I'm currently selling a car on ebay for £1800.
    Someone is interested but would like to pay by PayPal.
    Is there a safe way to go about it OR should I avoid it ?
    I don't know why but it just doesn't sit right with me....
    Opinions / advice would be welcomed
    Thanks
    Richard
    Pre June 2005 - Money WasterFervent MSE'r and have reclaimed charges back from AMEX and A&L - approx 2.5k
    June 25th 2005 - Lightbulb Moment & 37k in debt June 23rd 2010 - I am totally debt free and it feels great !!!
Page 1
    • Quentin
    • By Quentin 15th Jul 17, 8:11 AM
    • 32,027 Posts
    • 16,103 Thanks
    Quentin
    • #2
    • 15th Jul 17, 8:11 AM
    • #2
    • 15th Jul 17, 8:11 AM
    Presumably you didn't offer PayPal, so don't accept the offer.

    (Why would you want to pay the pp fees when you don't have to take pp)
    • richardvc
    • By richardvc 15th Jul 17, 8:13 AM
    • 1,089 Posts
    • 1,454 Thanks
    richardvc
    • #3
    • 15th Jul 17, 8:13 AM
    • #3
    • 15th Jul 17, 8:13 AM
    No I didn't offer PayPal.
    It's more the fact using PayPal for a car that concerns me.
    Pre June 2005 - Money WasterFervent MSE'r and have reclaimed charges back from AMEX and A&L - approx 2.5k
    June 25th 2005 - Lightbulb Moment & 37k in debt June 23rd 2010 - I am totally debt free and it feels great !!!
    • AndyMc.....
    • By AndyMc..... 15th Jul 17, 8:47 AM
    • 733 Posts
    • 554 Thanks
    AndyMc.....
    • #4
    • 15th Jul 17, 8:47 AM
    • #4
    • 15th Jul 17, 8:47 AM
    Do not take PayPal when selling a car. It's exempt of eBay and is most likely a scam.

    Friends and family payment maybe ok, buyer pays the fees and I don't think it can be reversed unless they say its fraudulent use of the account.

    Normal PayPal the buyer only needs to dispute delivery. You can't prove by tracking he got it so you lose the money and the car.
    • facade
    • By facade 15th Jul 17, 8:50 AM
    • 2,702 Posts
    • 1,379 Thanks
    facade
    • #5
    • 15th Jul 17, 8:50 AM
    • #5
    • 15th Jul 17, 8:50 AM
    It is probably safe, as motors are excluded from the paypal moneyback guarantee.

    However, the fees to you are huge, most likely he wants to use paypal to finance it on his credit card.

    If you want cash he can always get cash off his card and pay the massive fees for that himself.
    I want to go back to The Olden Days, when every single thing that I can think of was better.....

    (except air quality and Medical Science )
    • richardvc
    • By richardvc 15th Jul 17, 8:54 AM
    • 1,089 Posts
    • 1,454 Thanks
    richardvc
    • #6
    • 15th Jul 17, 8:54 AM
    • #6
    • 15th Jul 17, 8:54 AM
    Thanks Andy Mc - I had googled it but all the answers were a few years old - whilst I don't think this is a scam it just didn't feel right.
    I guess cash / bank transfer is the way to go ??
    Pre June 2005 - Money WasterFervent MSE'r and have reclaimed charges back from AMEX and A&L - approx 2.5k
    June 25th 2005 - Lightbulb Moment & 37k in debt June 23rd 2010 - I am totally debt free and it feels great !!!
    • vikingaero
    • By vikingaero 15th Jul 17, 9:43 AM
    • 10,277 Posts
    • 12,968 Thanks
    vikingaero
    • #7
    • 15th Jul 17, 9:43 AM
    • #7
    • 15th Jul 17, 9:43 AM
    eBay -for a collection item = Cash or bank transfer only. No PayPal ever. There may be a reason someone wants to use PayPal, ie a positive balance on there, but there is the very high risk that they've funded it using a stolen card, which will bite you a few weeks down the line.
    The man without a signature.
    • cjdavies
    • By cjdavies 15th Jul 17, 10:22 AM
    • 2,382 Posts
    • 2,213 Thanks
    cjdavies
    • #8
    • 15th Jul 17, 10:22 AM
    • #8
    • 15th Jul 17, 10:22 AM
    I woudn't accept, when I bought my car privately, before travelling I asked the seller if bank transfer was ok as I didn't fancy carrying £5K on 3 train journeys. They were happy with this.

    Once agreed to buy car, did the bank transfer with them there, they double checked sort code and account number was correct before clicking transfer, both accounts checked, mine gone and theirs received, keys handed, everything sorted and drove home.
    • forgotmyname
    • By forgotmyname 15th Jul 17, 10:59 AM
    • 25,273 Posts
    • 10,033 Thanks
    forgotmyname
    • #9
    • 15th Jul 17, 10:59 AM
    • #9
    • 15th Jul 17, 10:59 AM
    Safe from ebays "no protection for motors", but not safe from a chargeback.

    Cash or bank transfer and check your account and call the bank to ensure its a cash transfer.
    Punctuation, Spelling and Grammar will be used sparingly. Due to rising costs of inflation.

    My contribution to MSE. Other contributions will only be used if they cost me nothing.

    Due to me being a tight git.
    • parking_question_chap
    • By parking_question_chap 15th Jul 17, 11:14 AM
    • 1,340 Posts
    • 1,127 Thanks
    parking_question_chap
    Never take paypal for vehicles, just not worth the risk.

    I would say cash only.

    What reason did they give anyway?
    • richardvc
    • By richardvc 15th Jul 17, 11:16 AM
    • 1,089 Posts
    • 1,454 Thanks
    richardvc
    No reason - they just asked if they could pay by paypal. Still coming to see it anyway !
    Pre June 2005 - Money WasterFervent MSE'r and have reclaimed charges back from AMEX and A&L - approx 2.5k
    June 25th 2005 - Lightbulb Moment & 37k in debt June 23rd 2010 - I am totally debt free and it feels great !!!
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

872Posts Today

6,587Users online

Martin's Twitter
  • Byebye! I'm about to stop work & twitter, to instead spend glorious time with Mrs & mini MSE. Wishing u a lovely summer. See u in 10 days.

  • WARNING Did you start Uni in or after 2012? The interest's rising to 6.1%; yet it doesnt work like you think. See https://t.co/IQ8f0Vyetu RT

  • RT @JanaBeee: @MartinSLewis Boris is the anomaly (coffee), the others are versions of normal (beer). Lots of same candidates = vote share d?

  • Follow Martin