Accepting £5000 via paypal

pull62

Hello

I have a motorbike for sale on an Ebay classified ad for £5250. Someone has offered £5000 but wants to pay with Paypal. he seems like a proper Ebayer looking at his account but it does not seem right to me and I am not keen on the deal, (chargebacks,stolen credit card etc) Maybe he just wants to use a credit card to buy the bike? has anyone ever accepted such a large sum via paypal?

thanks

Al1x

personally I wouldn't. maybe sad you'd take a £100 deposit via paypal but you should ask for the rest in cash

soolin

No No a thousand times no.

How an earth are you going to post it to him to satisy the paypal requirement for a tarcked online proof of delivery?

Cars and vehicles are exempt from the paypal requirement even on ebay, for a very good reason.

If he needs to buy on credit then maybe this sale is not for him, he can go to a shop and let them take the risks or else pay to withdraw the balance himself and pay you cash.

cyberbob

No don't accept it. If they pay you via paypal and take the bike you will be unable to prove delivery so if they opened an Item not received you would lose so they would be refunded and have the bike.

Run Away

pull62

Thanks, I did think it was dodgy, I will tell him to withdraw the cash, to be honest I think he may be a timewaster as the offer was too close to what I wanted!

suited-aces

I just want to echo this post

soolin wrote: »

No No a thousand times no.

How an earth are you going to post it to him to satisy the paypal requirement for a tarcked online proof of delivery?

Cars and vehicles are exempt from the paypal requirement even on ebay, for a very good reason.

If he needs to buy on credit then maybe this sale is not for him, he can go to a shop and let them take the risks or else pay to withdraw the balance himself and pay you cash.

And post this

cyberbob wrote: »

Run Away

arriva

As others said: don't do it.

Pink_Mummy

No!!! Definately avoid that, they might be a genuine ebayer but the paypal fees would be crazily expensive!! Just get a deposit then the rest cash!

Hope that helps!

blue_haddock

Can you not get him to send the payment as a gift? I thought a gift payment was exempt from the usual paypal regs and also he would pay the fees instead of you.

clarkey3262

pull62 wrote: »

Hello

I have a motorbike for sale on an Ebay classified ad for £5250. Someone has offered £5000 but wants to pay with Paypal. he seems like a proper Ebayer looking at his account but it does not seem right to me and I am not keen on the deal, (chargebacks,stolen credit card etc) Maybe he just wants to use a credit card to buy the bike? has anyone ever accepted such a large sum via paypal?

thanks

Do what Brave Sir Robin did, run away. Never accept paypal on cars/bikes etc, soooo many scammers out there who love it when people accept paypal on things like this

Sharon87

Pink_Mummy wrote: »

No!!! Definately avoid that, they might be a genuine ebayer but the paypal fees would be crazily expensive!! Just get a deposit then the rest cash!

Hope that helps!

That was my first thought, the fees would be massive. Just email the buyer telling them due to paypal fees and your security you can't accept paypal as a method of buying.