Al9

hi all someone has emailed wanting to buy a car and wants to pay by paypal, apart of the obvious fees i think 2.4percent is there anything that can go wrong doing it this way. ie there is nothing wrong with the car, but if he drives like a wally so to speak and something mechanical occurs days later ie anything, can he stop the payment, the value is £10000. any advice thanks

JonMc

iTrader: (51)

There's so many loop holes with paypal I wouldn't take it as payment for a car. If he's got the cash to cover why doesn't he just get you a bankers draft - a much safer option IMHO. Problem with paypal is it always seems to side with the buyer

4076

i would deffo not accept paypal for that much, it can be taken back in several ways.

iv paid for cars by paypal OK before, but only for few hundred.

Wish

iTrader: (2)

Nope ... I wouldn't take PayPal for a car.

The Zohan

No, not in a million years!

http://www.paypalsucks.com/newforums/

Terminator X

iTrader: (7)

You'd have to be fookin mad to do that fella paypal ok for small value stuff only ie where you can afford to lose the money.

TX.

PaulC72

tell him to do a direct bank transfer it will be safer for you and made no difference to him.

the hamster

iTrader: (7)

let me guess, he's going to pay you 11k and but cant collect it himself so can you send £700 to his collection agent who will pick it up?

pimmo2000

iTrader: (6)

Another no for Paypal, they will **** you over ..

Maz

iTrader: (34)

Avoid Paypal for such a transaction!

PaulJC

iTrader: (1)

Hell no, maybe take a small deposit (£100) to hold the car untill they sort the funds out through other means (Bank Transfer/Cash) i wouldn't even accept a Counter cheque, far to many fraudulant ones of those aswell.

The Pink Ninja

iTrader: (23)

The only way i would accept a £10K payment would be in either cash or Bank Transfer, There is no need for the guy to use paypal unless it not his account/card IMO

jaytc2003

iTrader: (1)

I took a 1k deposit for my evo 8 via paypal (buyer owned a garage in france). I did this though as it was going to be 6 weeks later when he was coming over to collect the car with the rest in cash so no way of him doing a claim back. I wouldnt take the full amount though bank transfer would be the way to do it

L.J.F

iTrader: (31)

i cant believe you just asked that!

jeffmoses

iTrader: (3)

I will give you 12k I just need your sort code and bank account details.

kingofturds

iTrader: (1)

Alarm bells should be ringing.

Skoobie Dhu

iTrader: (3)

I had a quick browse through some of the posts and as far as I can see, the folk having problems with paypal seem to have quite complicated financial setups and it's seems little wonder that paypal have stopped funds/limited accounts.

I was looking for some real horror stories against thousands of joe bloggs's but didn't see very much like that at all?

I've used Paypal regularly for about 7-8 yrs and never had a problem.

Still wouldn't suggest selling a car through Paypal though.

Chip

+1 or CASH.

CrisPDuk

I wouldn't consider it if only because of paypal's extortionate fees, never mind their complete lack of morals, security, or transparency