Selling my car

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EYE_ON_ME

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Brendan
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Hi,
I'm selling my car, it's on autotrader now. i have someone wanting to buy it for £8800 but he wants to pay via Paypal using his credit card. I don't like the sound of that :cuckoo: maybe it's just me?? would anyone do it? :help:

Thanks
 
No, imagine the fees! Cash or BT only.
 
Can you afford to lose nearly 9 grand?

Don't use a means of payment that can be reversed.
 
Cash or BT only; accepting payment via paypal is a bad idea...accepting it as paypal gift is a worse idea!
 
TriggerHappy said:
Cash or BT only; accepting payment via paypal is a bad idea...accepting it as paypal gift is a worse idea!
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Thanks lol what about if I put it on ebay and told him to buy it from there instead, would that be better?
 
Then you'd be stung with ebay AND paypal fees. No idea how much we're talking having never used ebay or paypal for that sum of money but I imagine we're talking hundreds just for the luxury of selling you're car for which you already have a buyer!
 
If he wants the car he will sort out a way to pay. Sounds like he wants to use his CCard instead of a loan or HP to fund the purchase.

What is the car? Is £8,800 a far price or is he paying a bit more than you expected?
 
TriggerHappy said:
Then you'd be stung with ebay AND paypal fees. No idea how much we're talking having never used ebay or paypal for that sum of money but I imagine we're talking hundreds just for the luxury of selling you're car for which you already have a buyer!
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Ebay is only £35 for selling the car.
 
lawrie29 said:
If he wants the car he will sort out a way to pay. Sounds like he wants to use his CCard instead of a loan or HP to fund the purchase.

What is the car? Is £8,800 a far price or is he paying a bit more than you expected?
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I think its a fair price, it's a Ford fiesta zetec s 2009, with 20800 on the clock. Only selling as I need bigger car for baby :(
 
EYE_ON_ME said:
Thanks lol what about if I put it on ebay and told him to buy it from there instead, would that be better?
Click to expand...

If you already have a buyer there does not seem to be any point in paying another set of listing fees.

Tell him either:
cash
bank transfer in advance
bankers draft which is made out in your presence at his bank

If you accept payment via paypal you will get stung for 3.4% fees (over £300 on your transaction) and if anything goes wrong you get the absolute joy of dealing with their customer services.
 
Next he'll be asking for it to be shipped to Lagos or Abuja.........

Walk away.

In fact i wouldn't even go down the cash route. Funny money or a whack over the head.........

BT or bankers draft.
 
i sell a few cars, and get these all the time they usually follow - I am away / out of the country / travelling and have no access to my bank (interestinglty they do have email and paypal) but they are willing to paypal me the money before a friend/shipping agent will come and collect the car.

Just ask them to to paypal the friend/shipping agent and he can turn up with cash and see how quick the emails/calls stop.
 
You can cancel a bankers draft - easier to do a faster payments transfer.
 
lawrie29 said:
You can cancel a bankers draft - easier to do a faster payments transfer.
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Bear in mind that BACS has a maximum transaction value low enough to cause problems for many car purchases.

The problem with bankers drafts is stolen or forged blanks (so fraud). It is very difficult to cancel a legitimately issued one and at least some of the clearing banks simply will not cancel them unless you bring the draft back to the issuing branch - so certainly not the same as cancelling a cheque.
 
even bank transfers are dodgy, a common scam is that a sum of monies has been paid, but wait! the money is too much! there is £3k too much, the account person made a mistake! you check bank and money is showing, you pay £3k, you check bank again, and money AND the 10k is missing. weve had that tried twice at work.
 
As the others said cash or BT. When I bought my car I used my card, car before that was paid with cash.
 
matty said:
even bank transfers are dodgy, a common scam is that a sum of monies has been paid, but wait! the money is too much! there is £3k too much, the account person made a mistake! you check bank and money is showing, you pay £3k, you check bank again, and money AND the 10k is missing. weve had that tried twice at work.
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That is with stolen cheques. If you pay in a cheque to someones account for them, rather than sending it to them for them to pay in, it will just appear as a payment on your system. THey then make the call, and you see it as a payment coming in, so think you have it, and sort out the refund. The scam is quite commonly done with an overseas payment, so you have sent the refund overseas as well, so harder to chase. It usually is a "we paid the bill and sent it to the bank int the wrong currency (sterling or theirs, whichever is best for the scam) and so have made an overpayment, can you refund the difference, here is our bank details". SO not really a bank transfer problem, but a chq problem. Surprised your work has been caught twice!

Edit: just re read - been tried twice, but not caught!
 
Ok. It sounds like your best course of action is to keep the car and run it into the ground until its value is a low enough sum which you wouldn't mind being ripped off by.
 
If the car is only 2 years old with under average mileage on it would it not be worth seeing what a dealer would give you?
 
TheNissanMan said:
If the car is only 2 years old with under average mileage on it would it not be worth seeing what a dealer would give you?
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I tried that already only offer £7000 and that was 4 months ago lol thanks for all the advice :) emails have now stopped.
 
Pay pal fee,s around £400.00 then they do a charge back , free car


Keep away from these buyers


Tell them to get a cash advance

Merc

Sent from my iPad using TP Forums
 
If £8800 is a good deal for you and you don't want to miss it suggest the following:

1. They pay with paypal gift (so they cannot charge back).
2. You share the £300 credit card fees so he pays £8950 and you get £8650.
 
micloi said:
If £8800 is a good deal for you and you don't want to miss it suggest the following:

1. They pay with paypal gift (so they cannot charge back).
2. You share the £300 credit card fees so he pays £8950 and you get £8650.
Click to expand...

No no no no no. No!

Do not do this!

Bankers draft all the way, never do anymore than basic greetings over the net if you can, anything else over the phone or in person.
 
surely paypal would flag an amount that big and freeze the account, unless you have that sort of amount going in and out of the account on a regular basis???
 
morning, this is another email I just got,

hello,
Thanks for the swift response, just to let you know that I'm okay with the condition of the item, I'm ready to sealed the deal with you ,I will be paying you £8800 for the car and I will be responsible for all the shipping expenses, I want to buy it for my dad in Italy as a birthday gift ,my method of payment is through PayPal cos its very secure,fast and reliable, kindly get back to me with your PayPal account email or send me an invoice through PayPal if you are a registered user of PayPal,i will advice you that PayPal is the best way transfer and receive money online and if you are not PayPal user,you can get an account with them at www.paypal.com but you don't have to do this if you already have an account,Just get back to me with your PayPal account email or invoice from PayPal so i can proceed with the payment as soon as possible. About the shipping my father has a agent he has been working with for the past 20 years and this agent knows the best way to get items from one country to the other so this is why my father wants his agent to arrange the pick up after payment has been sorted so i think this will be very easier for you, I would have love to come to see this in person but due to the nature of my work that would not be possible for me so i will appreciate any available picture for this that you can send to me so i can have a good look but anyways understanding and honesty matters. my mover are coming from Italy to schedule an appropriate and convenient time for the pick-up at your location after the payment has been sort but i will need you to send me your address and zip code so they can calculate there charges, I'm a Marine Officer, I'm on the ship now so i dont have time coming to check this out .i hope you can understand me due to the nature of my work.Please do get back to me with your paypal email account or send me an invoice so i can make out payment.
Regards

Is it really that hard to sell a car these days?
 
It reads like one of the scams we get emailed to us. I wouldn't give it any more time. Walk away from this.There will always be another buyer.

Kev.
 
Walk away...

Sent from my HTC Hero using TP Forums
 
Why on earth would you buy a right hand drive fiesta and then ship it to italy (left hand drive)?

Agree on the scam side of things
 
Thats the oldest scam going!!

Unless you are selling a very, very rare car, why would someone from another country buy a 2nd hand car and bother shipping it over??!!

Can't believe they are still trying this one on.
 
Babys aren't that massive. A fiesta would be perfectly adequate to cart one round in. Could get a roofbox if it isn't :)

Best bet is to go to a dealer and see what deals they will offer as what matters is the cost to change not what they actually you offer for your car.
 
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