Last time I looked a few years ago, you could pay the fee on your end. That might still be there. Then have him mark it as goods (not gift), to be covered
Yep, using the 'family' option removes any recourse (all one big happy family, right? LOL). If that bothers you (and only you can answer that), offer to pay the fee; if the seller refuses, walk away...
Don't I indicate whether it's goods (not gift)? Yeah, if I offer to pay the extra 10 bucks and he refuses then there is a problem. Unless he's worried I'm going to pull something after I get it?
Have not used it in a while...but there were two ways to conduct a payment. one is where the seller sends you an invoice, and that gets paid by you, using that page other way, is you go to your account and send money to him as payment for goods, and there used to be the option for you to pay the fee right then. so, on a $100 part, if you don't pay the fee, and send $100, he does not get the full 100. If you pay the fee upfront, PP takes more than 100 from you, and the seller DOES get a full 100 .
Bottom line is this...make the deal on your terms. If you think pay pal is bad or you are questioning the buyer, provide the deal on your terms or no deal. I have bought and sold cars on ebay and prefer face to face contact to close the deal. Sent from my SM-G930T using The H.A.M.B. mobile app
Paypal protects the buyer much better than the seller, but a savvy seller can protect themselves with a well-written invoice and delivery confirmation. Check the guys feedback; if he has much and it's clean, it should be a safe transaction. Low feedback numbers can be a judgement call, and any negative or neutral feedback is a big red flag for me. I always offered my buyers the option of going either way on high-dollar items where the fees amounted to something but made it clear that they lost any guarantees if doing a 'family' transaction.
This is not an Ebay deal so no feedback availability. Don't know the guy at all and thousands of miles away. He has been a member of another automotive forum for a few years with many posts so he seems OK in that regard. I wasn't planning on getting any invoice, I was just going to send $515 ($500 for the part) and mark it as goods.
Just a while ago, I asked USBank about making payments for cars; me being the buyer. Their suggestions; 1) Wire the funds to their bank. This method requires the bank routing number and account number of the seller. Some may balk at this, so to avoid possibilities of fraud (on both ends) the seller should set up a separate account just for this transaction. IIRC there's a small fee for this on the buyer's end. 2) Cashier's check from your bank. 3) Personal check.....as long as the seller is OK with it. There would be some time involved for it to clear. Again, those are their suggestions, and from the buyer's side. In the small number of eBay sales I've done, PayPal's "cut" is approximately 3% of the sales figure. (not what's left after eBay's fee which is usually 10%) eBay definitely pushes PayPal as it was once a big part of their company. Not really pro OR con PayPal, but this article sheds some light on its relationship to eBay. PayPal was spun off of eBay in 2015. Prior to that PayPal accounted for up to 40% of eBay's revenue. https://en.wikipedia.org/wiki/PayPal
Hey, Rosco; Intriguing. "Paypal blows, had trouble with them years ago I was able to beat them at there own game , now I canot sell on ebay" Any possibility you could/would share details on this? Could be very helpful. Even if pp has put in safeguards for themselves by now. TIA. Marcus...
If the guy cannot sell any longer on EBAY, how can he say he beat them at their own game? Sounds like he lost.
Ummm this is tuff. But if he has some review and been on other forum for a wile. Like a long term member eh go with what you think is ok. I know it tuff because you realy want the part but do u want to be out $? Paypal does protect the buyer more than seller. So u know ehh sleep on it and think about it.
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