Paypal?

Karma
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Karma
Edited Date/Time 1/27/2012 4:57pm
I have a buyer for my bike who wants me to use paypal to recieve their payment. Obviously I won't ship my bike until the funds are recieved. Does anyone have experience with this? Seems safe but better safe than sorry!
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FastEddy
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FastEddy 11/4/2010 5:37pm
11/4/2010 5:37pm
Just better hope he isn't a scammer who uses a fake/hacked paypal account to send you the funds. Or after he gets the bike makes a dispute and try's to get a refund...

IMO: I would feel safer with a bank wire.
hurtssogood
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hurtssogood 11/4/2010 5:37pm
11/4/2010 5:37pm
It is safe. But the fees can be very expensive if he pays by credit card
Chris_ONeal
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Chris_ONeal 11/4/2010 5:43pm
11/4/2010 5:43pm Edited Date/Time 11/5/2010 8:08am
I got screwed by Paypal!! I shipped a watch that sold off eBay to a guy in Florida for $600. The guy said it was never delivered but I had tracking proof that said it was. Paypal decided in his favor and refunded him $600 and now wants me to pay paypal $600! So I lost the watch and now owe them $600!! Paypal sucks!!!!
floridaflash
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floridaflash 11/4/2010 5:48pm
11/4/2010 5:48pm
had a friend out 1800.00, sold parts, shipped them, had it signed, person disputed it said he never got them paypal issued his money back, my buddy was the money and parts

The Shop

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moto138
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moto138 11/4/2010 6:31pm
11/4/2010 6:31pm
cash in hand...100 dollar bills american is the only way to go...jmo
mxb2
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mxb2 11/4/2010 6:36pm
11/4/2010 6:36pm
moto138 wrote:
cash in hand...100 dollar bills american is the only way to go...jmo
face to face . cash exchange, count the bills before you turn the bike over, and check the vin make sure its not stolen, if there is no title, or proof of ownership!
Scrub124
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Scrub124 11/4/2010 7:41pm
11/4/2010 7:41pm
Karma wrote:
I have a buyer for my bike who wants me to use paypal to recieve their payment. Obviously I won't ship my bike until the funds...
I have a buyer for my bike who wants me to use paypal to recieve their payment. Obviously I won't ship my bike until the funds are recieved. Does anyone have experience with this? Seems safe but better safe than sorry!
Its a bad idea, people get screwed via paypal all the time. If he has the money via paypal, he can get you the cash.
lumpy790
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lumpy790 11/4/2010 7:46pm
11/4/2010 7:46pm
I have done this on the buyers side.

I would advise you call paypal and talk to their security department and see what they say you have to do to protect your self.

Also remember that paypal will charge you 3% + .30 to do this.
oldx
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oldx 11/4/2010 8:40pm
11/4/2010 8:40pm
I've never had a problem with paypal.
kx100getter
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kx100getter 11/4/2010 8:46pm
11/4/2010 8:46pm
If you go to the legit Paypal sight and see all of the money in your account and clarify with someone on customer service you will be just fine. Some people can make really nice looking e-mails that look like they were from paypal saying funds are now in your account but are fake, I have had someone try to do this to me once on a craigslist trade.
Jabjr222
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Jabjr222 11/4/2010 8:49pm
11/4/2010 8:49pm
I would be careful with Paypal. There are too many scams people could pull on you. I wouldn't do it on a large transaction like this. It could be a hacked account. He could dispute the charges after he has the bike. No reason to go through paypal.

If he has the cash to pay on paypal, he has the cash to wire. Even if its a credit card, he can get a check through his credit card to give you. Shouldn't be a problem if he is a legit buyer.
RandyS
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RandyS 11/4/2010 8:59pm
11/4/2010 8:59pm
I had someone file a item not recieved claim with ebay after they had signed for it. Paypal froze funds in my acct. and I had to fight for it. I won, but I hear of it going the other way more than not.
GIwasB4
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GIwasB4 11/4/2010 9:18pm
11/4/2010 9:18pm
I use paypal a lot, never had an issue. That includes sending complete bikes overseas.
TerryK
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TerryK 11/4/2010 9:22pm
11/4/2010 9:22pm
I use Paypal and it works fine, but for large amounts I use Email money transfer. Safe because it's bank to bank.
BikeGraphixKC 11/4/2010 9:26pm
11/4/2010 9:26pm
paypal they can pay, then cancel payment. not a good idea
SoCalMX70
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SoCalMX70 11/4/2010 11:07pm
11/4/2010 11:07pm
Fuck paypal. Had been using them for nearly EIGHT years when they shut off my account accusing me of being a fraud. They somehow got my social security messed up and thought I was someone using my grandfather's identity.... who's been dead for 11 years...

TWO appeals with management and my account was turned back on. What's funny is this all happened right when I was trying to pay for a T-SHIRT I got off ebay (evilbay...). I've put transactions through paypal over the years that were thousands of dollars and the day they decide to call me a fraud is on a $15 ebay item. Lucky for me the seller was understanding and didn't give me negative feedback for the delay of payment (he only accepted paypal).

I haven't used Paypal since, but I keep the account active just in case I absolutely have no other option.
7GP
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7GP 11/4/2010 11:30pm
11/4/2010 11:30pm
BikeGraphixKC wrote:
paypal they can pay, then cancel payment. not a good idea
No. The buyer cannot "cancel" the payment. It is true that the buyer can file a claim against you if he or she does not receive the item. Claims are usually decided in the buyers favor. Always purchase delivery confirmation/tracking. Always insure your item for it's actual value. If you have been communicating through e-mail try to get a phone number and talk to them. Generally you are fine, but there is always a risk...
TripleDigit 11/5/2010 12:56am
11/5/2010 12:56am
Never had a problem with Paypal in 7 years including overseas deals,get him to send the money,then draw it out,a lot ot buyers can often feel uncomfortable with bank wire transfer

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526
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526 11/5/2010 4:58am
11/5/2010 4:58am
moto138 wrote:
cash in hand...100 dollar bills american is the only way to go...jmo
mxb2 wrote:
face to face . cash exchange, count the bills before you turn the bike over, and check the vin make sure its not stolen, if there...
face to face . cash exchange, count the bills before you turn the bike over, and check the vin make sure its not stolen, if there is no title, or proof of ownership!
Thats fine but what if are selling to someone in CA or WA? people are selling to other people outside the county they live in these days.
oldschoolmxer 11/5/2010 7:57am
11/5/2010 7:57am
moto138 wrote:
cash in hand...100 dollar bills american is the only way to go...jmo
mxb2 wrote:
face to face . cash exchange, count the bills before you turn the bike over, and check the vin make sure its not stolen, if there...
face to face . cash exchange, count the bills before you turn the bike over, and check the vin make sure its not stolen, if there is no title, or proof of ownership!
526 wrote:
Thats fine but what if are selling to someone in CA or WA? people are selling to other people outside the county they live in these...
Thats fine but what if are selling to someone in CA or WA? people are selling to other people outside the county they live in these days.
I sold a bike and was paid via paypal, they froze my account with 4k in it as they were investigating the buyer for fraud! This all happened after the bike left my garage. 8 months later I was able to get my money after spending 1000.00 on a lawyer. I will never again use paypal for anything. I still buy some items on ebay out of need. If they won't except a USPS money order only i'm out.
Cygnus
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Cygnus 11/5/2010 8:03am
11/5/2010 8:03am
Cash talks. Bullshit walks.
FlickitFlat 11/5/2010 8:13am
11/5/2010 8:13am
Cygnus wrote:
Cash talks. Bullshit walks.
X2. If has the paypal money he can get the cash. If your not comfortable with the paypal then the deal goes to cash. If he is serious about buying it, it won't be a problem. Stick to the rivers and lakes you are used to. The way I see it is that you have the product, you set the terms. Let him figure out how to pay you..... in cash.
Karma
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Karma 11/5/2010 8:17am
11/5/2010 8:17am
The buyer seemed fishy to begin with, thats why I asked. Seemed to good to be true...but she didn't even ask me about any of the many after market items on the bike, which I said call for details about, and she gave me a link to paypal in her email, so
my suspicions have been affirmed.

thanks guys.
Mini Elsinore
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Mini Elsinore 11/5/2010 10:03am
11/5/2010 10:03am Edited Date/Time 11/5/2010 10:03am
Stay away from PayPal. Lots of potential issues..... Google it.
BikeGraphixKC 11/5/2010 10:36am
11/5/2010 10:36am
BikeGraphixKC wrote:
paypal they can pay, then cancel payment. not a good idea
7GP wrote:
No. The buyer cannot "cancel" the payment. It is true that the buyer can file a claim against you if he or she does not receive...
No. The buyer cannot "cancel" the payment. It is true that the buyer can file a claim against you if he or she does not receive the item. Claims are usually decided in the buyers favor. Always purchase delivery confirmation/tracking. Always insure your item for it's actual value. If you have been communicating through e-mail try to get a phone number and talk to them. Generally you are fine, but there is always a risk...
Im not going to sit here and argue with you, but I've seen it happen a few different times. of course the senders gotta be an idiot to send the items without seeing the money in hand though...
FastEddy
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FastEddy 11/5/2010 10:43am
11/5/2010 10:43am
BikeGraphixKC wrote:
paypal they can pay, then cancel payment. not a good idea
7GP wrote:
No. The buyer cannot "cancel" the payment. It is true that the buyer can file a claim against you if he or she does not receive...
No. The buyer cannot "cancel" the payment. It is true that the buyer can file a claim against you if he or she does not receive the item. Claims are usually decided in the buyers favor. Always purchase delivery confirmation/tracking. Always insure your item for it's actual value. If you have been communicating through e-mail try to get a phone number and talk to them. Generally you are fine, but there is always a risk...
BikeGraphixKC wrote:
Im not going to sit here and argue with you, but I've seen it happen a few different times. of course the senders gotta be an...
Im not going to sit here and argue with you, but I've seen it happen a few different times. of course the senders gotta be an idiot to send the items without seeing the money in hand though...
Yeah man,people buy stuff all the time with paypal and then once they get the product/ merchandise they file a dispute and with clever social engineering they get refunded and the seller loses out. Seen it happen numerous times.
mrquick
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mrquick 11/5/2010 11:52am
11/5/2010 11:52am
I've used paypal for over 10 years and not once have i had an issue with them.Items from 2 dollars to 20 thousand,no problems at all.
morning_stiffy
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morning_stiffy 11/5/2010 12:46pm
11/5/2010 12:46pm
Karma wrote:
I have a buyer for my bike who wants me to use paypal to recieve their payment. Obviously I won't ship my bike until the funds...
I have a buyer for my bike who wants me to use paypal to recieve their payment. Obviously I won't ship my bike until the funds are recieved. Does anyone have experience with this? Seems safe but better safe than sorry!
Someone did that to me... I sold them a TLD helmet, one that i got for close to nothing... One of my buddies is good friends with Troy.

Well anyways, i recieved the paypal funds, shipped the helmet, and when it arrived they mutilated it, and sent pictures, and filed a dispute. I eventually had to give the money back, so i was out a helmet and money, but at least the helmet was free for me.

Paypal doesnt seem to care too much about sellers.
mxpitt23
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mxpitt23 11/5/2010 12:55pm
11/5/2010 12:55pm
it is up to the seller to dictate the terms of the deal...if they really want the item you are selling then they will figure out a way to get what you need. if you felt good about it, you wouldnt have posted this thread..people use paypal everyday with no issues, but there is always that chance. go with your gut
mxb2
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mxb2 11/5/2010 12:56pm
11/5/2010 12:56pm
The jury is still out on paypal, that being said, cash rules and meet in person, i don t have the extra money to take that chance, like others stated, if they have the money they should have no problem getting it to you!

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