Buyer wants to Paypal for car, Can't Find the Thread |
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Buyer wants to Paypal for car, Can't Find the Thread |
JoeDees |
Mar 21 2017, 10:50 AM
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#1
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Senior Member Group: Members Posts: 515 Joined: 10-November 14 From: Northern Kentucky Member No.: 18,106 Region Association: None |
I've spent the last hour trying to find the thread here about why not to sell a car via paypal but can't find it.
A coworker is selling his truck on craigslist and an out of town buyer has offered him asking price sight unseen. The "buyer" wants to pay by paypal and have the vehicle shipped. I'm trying to convince my buddy that this is 95% likely to be a scam but he still thinks paypal is safe. Can somebody please point me to some good stories about A) how he can/will get ripped off by this B) how he should handle an out of town buyer. I've never sold a car to a shipper, but I've sold engines and each time the buyer paid the shipping company and the guy picking it up gave me cash or certified check, does it work this way for a car too? |
Cairo94507 |
Mar 21 2017, 02:53 PM
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#2
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Michael Group: Members Posts: 9,821 Joined: 1-November 08 From: Auburn, CA Member No.: 9,712 Region Association: Northern California |
Way to many scammers out there. No way I would allow PayPal to get into this mix. I do wire transfers; if the buyer can't meet me at his bank (branch) and wire transfer funds to my bank while I am standing there dealing with the bank employee, something is wrong. All of those Western Union, MoneyGram, etc, are just vehicles for theft.
If a wire transfer is not something you want to do, then go with an escrow company. I work to hard for my money to chance some asshat stealing it. Just my opinion. |
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