Selling your car
Thread Starter
Instructor
Joined: Jun 2007
Posts: 113
Likes: 0
From: Austin Tx
Selling your car
Has anyone ever sold there car on the fourm and sent it overseas? I sold my 68 on the fourm to a member overseas and we used Paypal for the payment. Well paypal called me to ck on the transaction. They told me that I have no seller protection due to the unconfirmed adress. They also told me that because he used a credit card he of anyreason file a claim with them and get is money back from Paypal.
Now I have no reason to belive that he would do that but Im worried that Im going to end up with out my car and money.
Any advice?
Now I have no reason to belive that he would do that but Im worried that Im going to end up with out my car and money.
Any advice?
Racer
Joined: Nov 2007
Posts: 367
Likes: 0
From: Las Vegas NV
yes... paypal is terrible like that. There is so much buyer protection and buyer bull**** that all a user has to do is make a claim and all the money is his.... If he says its not as described he keeps both... it took me forever just to get a measley 70 back from a guy who did this to me. He said i had no info on him and if i liked i could come get it myself or he wasent paying.... paypal said it was his right.
So i google street viewed his house and dent him a pic of his own home with his dog out front and the route to his local pd... needless to say i got my money back that week
since this is the third timethis has happened i have no longer used paypal they can screw you in every way
So i google street viewed his house and dent him a pic of his own home with his dog out front and the route to his local pd... needless to say i got my money back that week
since this is the third timethis has happened i have no longer used paypal they can screw you in every way
Melting Slicks
Joined: Mar 2004
Posts: 3,472
Likes: 18
From: Lake Ozark, MO
Lost 140.00 to some guy...Paypal has his phone and address but won't give it too me because of privacy and of course they just close the case because he doens't have money in his account to pay me (of course not..he's opened other paypal accounts to keep the scamming going). Paypal make s$$ of the transaction so why should they help.......they suck..but are the only game in town.
It would be a lenghty process for paypal to do that. They don't just take money....wish they did some times.
It would be a lenghty process for paypal to do that. They don't just take money....wish they did some times.
Last edited by Hvymtlc5; May 22, 2008 at 03:06 PM.
Racer
Joined: Nov 2007
Posts: 367
Likes: 0
From: Las Vegas NV
they just took money from me when there was no cash in my account.... made it -150 then called a collection agency on me without me knowing. I no choice but to pay it or it would hurt my credit. I never deal with them anymore its terrible id never risk my c3
Pro
Joined: Jul 2004
Posts: 605
Likes: 0
From: Alta Loma CA
I would not ship overseas under those circumstances. Find a way to get a non refundable payment. If you can't make it completly secure than don't do it.
If he's honest and really wants the car then he will find a way to make sure the payment is secure. If he does not want to do a secure setup then you know he's not to be trusted.
If he's honest and really wants the car then he will find a way to make sure the payment is secure. If he does not want to do a secure setup then you know he's not to be trusted.
Drifting
Joined: Oct 2007
Posts: 1,317
Likes: 22
From: Marina CA
No way should you use PayPal for a transaction of this type. Wire transfer to your account that can be verified by you and your bank as good/legit before you ship the car and ownership documents.
Better a potential buyer be pi**ed than you losing your car. If the buyer wants your car bad enough he will ACCEPT your terms.
Better a potential buyer be pi**ed than you losing your car. If the buyer wants your car bad enough he will ACCEPT your terms.
Melting Slicks
Joined: Dec 2006
Posts: 2,669
Likes: 3
From: Kingston Ontario
PAYPAL contacted you??? 
I don't know that this sounds legit! I would contact Paypal and see if they contacted you. This sounds off to me. I try not to deal with them. Way too many scams associated with them for my liking.
There are many other options for money transfered that are 100% secure, for your protection as well as the buyers.
I don't know that this sounds legit! I would contact Paypal and see if they contacted you. This sounds off to me. I try not to deal with them. Way too many scams associated with them for my liking.
There are many other options for money transfered that are 100% secure, for your protection as well as the buyers.
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Le Mans Master
Joined: Nov 2004
Posts: 7,186
Likes: 45
From: detroit area
isnt' paypal owned by ebay now..... i heard the kid that started paypal got a real fat check...
not sure what other money transaction companies/services there are.... i currently have my t-shirt line through paypal and really curious now..hmmm
b
not sure what other money transaction companies/services there are.... i currently have my t-shirt line through paypal and really curious now..hmmm
b
Burning Brakes
Joined: Jun 2004
Posts: 872
Likes: 3
From: Cortlandt Manor New York
It is way too late to worry about it. These are the questions you should have asked before you accepted Paypal. The best you can do right now is to hope the buyer is honest and completes the transaction without a hitch.
Selling overseas is very tricky. You need to know what you are doing or not do it at all.
Selling overseas is very tricky. You need to know what you are doing or not do it at all.
Racer
Joined: Apr 2008
Posts: 436
Likes: 2
It is way too late to worry about it. These are the questions you should have asked before you accepted Paypal. The best you can do right now is to hope the buyer is honest and completes the transaction without a hitch.
Le Mans Master
Joined: Nov 2004
Posts: 6,128
Likes: 21
From: North Alabama
Thread Starter
Instructor
Joined: Jun 2007
Posts: 113
Likes: 0
From: Austin Tx
Yes! Paypal contacted me. They didnt ask any account info or passwords. They just asked am I Chase Brown and am I still in control of my account. I can refund the money and it wont cost me a dime. I am refunding the money this weekend and the car is not going anywhere till we work out somthingelse.
Intermediate
Joined: Oct 2007
Posts: 30
Likes: 0
From: Houston TX
I've never had to deal with this, but you might want to look into an escrow service for a transaction that large with the overseas element.
http://www.nclnet.org/shoppingonline/escrowtips.htm
http://www.nclnet.org/shoppingonline/escrowtips.htm
Instructor
Joined: Jul 2007
Posts: 158
Likes: 0
From: Gastonia north Carolina
Pay Pal is in real trouble , Google Pay pal class action suit.. I read that and I took my money out.. They rip you off anyway they can..Also I would never sell a car unless it's bank Wire transfer..Even in the USA Too many frauds out there. Some of the fake cks. fool even the banks. Even though a Bank will release the money to you in 4-5 days it takes up to 30 days or more to realy clear. if they discover it to be fake you lose everything money and car and they have a 35 day head start..
Drifting
Joined: Aug 2003
Posts: 1,424
Likes: 0
From: Lakeland FL
You made the right decision to refund the money. There are a couple of ways to proceed but I would suggest you contact your bank for a recommendation. I would try the wire transfer route before trying an escrow service. My past experience with an escrow service was that I paid the escrow service for an item and then the seller had to send me the item. Then I had a set number of days to let the escrow service know that I received the item and was happy with it. Then they released the money to the seller. My problem with that is what if I had lied or told them that it wasn't what I was supposed to be buying? The seller could have gotten screwed still.
Talk to your bank or require the buyer to wire transfer you the money.
Talk to your bank or require the buyer to wire transfer you the money.