Peugeot 307 - sold car on ebay, buyer won't use paypal

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Thu 12 Aug 2010 01:28
Peugeot 307 - sold car on ebay, buyer won't use paypal - bananastand

Hi folks, just sold a car on ebay for £1750. Had the usual suspects messaging me saying "cancel the auction now and I'll give you cash" and words to that effect. The auction description said in no uncertain terms "PAYPAL ONLY" and people with no paypal account were unable to bid. The winner now says he won't use paypal as he has "been scammed" before. I think he wants to turn up with cash, find fault with the car and offer less. Am I paranoid? My instinct is to refuse and re-list. Ta.

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Thu 12 Aug 2010 02:40
Peugeot 307 - sold car on ebay, buyer won't use paypal - flunky
eh?

when I sold my car on ebay I refused paypal as they are liable to confiscate your funds on the buyer's say-so

Cash is cash is king.

Paypal funds are here today but maybe not tomorrow.

CASH ONLY. No paypal for cars, you have no protection whatsoever.
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Thu 12 Aug 2010 08:56
Peugeot 307 - sold car on ebay, buyer won't use paypal - bananastand
I quite understand your position. I'm going to say cash is fine on the strict understanding that the payment comes first,messing with the car second!
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Thu 12 Aug 2010 09:14
Peugeot 307 - sold car on ebay, buyer won't use paypal - jc2

If he doesn't pay the money he's agreed,then it's upto you-you can walk(drive)away.Having said that(and I am not getting at you)some of the photos shown on E bay defininitely only show the good points.

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Thu 12 Aug 2010 09:31
Peugeot 307 - sold car on ebay, buyer won't use paypal - Collos25

PayPal can cause a lot more problems with a car run a mile from it take cash.

With cash the buyer might and I stress might haggle its darn sight better than having the total frozen by Pay Pal plus you will save on the commission.

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Thu 12 Aug 2010 09:41
Peugeot 307 - sold car on ebay, buyer won't use paypal - Pondlife

Paypal offers you no protection when the buyer collects, as you will have no proof of delivery if the buyer claims they never received the goods. So paypal is not recommended when selling a car.

Because of this problem, a rogue buyer can pay by paypal, collect the car, file a not receieved complaint and get their money refunded. Because you don't have proof of delivery, you will lose every time.

As others have said, cash is king. Especially when the buyer collects.

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Thu 12 Aug 2010 11:22
Peugeot 307 - sold car on ebay, buyer won't use paypal - dieselnut

Get the buyer to collect the car during business hours.

Take him for a spin so he can see the car performs fine.

Go with him to your bank, exchange the V5 for his cash & pay into your account so there will be no problem with doggy notes.

Job done & everyone happy.

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Thu 12 Aug 2010 11:30
Peugeot 307 - sold car on ebay, buyer won't use paypal - Collos25

Sound advice

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Sat 14 Aug 2010 14:55
paypal and car sales - Appleman
Guys

I advertised my car on one website and had 3 replies.

No 1 said he was a marine engineer and would pay by Paypal and his collection agent would collect it from me... on advice I a) declined b) notified the website

No 2 said she wanted to pay by Paypal - ditto I did the same

No 3 said he wanted to pay me double my price but also wanted me to buy a bike for him and some other bits and to send the lot to him in another country.... he wanted to pay by Paypal too. I did the same as before and had a brief ack from the website.

The advice I had was, as you say, Not Paypal for cars!

Col
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Fri 13 Aug 2010 17:28
Peugeot 307 - sold car on ebay, buyer won't use paypal - ianhad2
My security wont allow me to use Paypal. Anyway, what's wrong with cash?
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Sun 15 Aug 2010 04:43
Peugeot 307 - sold car on ebay, buyer won't use paypal - bananastand

thanks chaps my misgivings were unfounded. I took the cash and there were no problems. Having read your advice over paypal I wouldn't attempt to use it for payment on a car.

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