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#1
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Payment Methods
Here's the deal:
A member of this forum is in need of some vintage Mercedes parts. I just happen to be able to acquire these parts and ship them to our member in need. My question is what method of payment would be best in order to reduce the chances of either of us getting burned? I have heard of Pay Pal, but am otherwise unfamiliar with it.
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Whoever said there's nothing more expensive than a cheap Mercedes never had a cheap Jaguar. 83 300D Turbo with manual conversion, early W126 vented front rotors and H4 headlights 400,xxx miles 08 Suzuki GSX-R600 M4 Slip-on 22,xxx miles 88 Jaguar XJS V12 94,xxx miles. Work in progress. |
#2
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PayPal or?
I have been selling parts for others, many on this forum, since last November.
I prefer PayPal only. To be able to use the service you do need to establish an account. Very easy. But it does take a few days to get it going without limitations. The instructions at the PayPal site are clear. Just type in PayPal in your search bar and look for the "setting up account" instructions. With PayPal, anyone with a credit card can pay you for a purchase. Very secure. When the payment comes in, it arrives with an email announcement to you. The PayPal account number is set up acccording your instructions. I simply use my own email address as my PayPal account to simplify things. Keep in mind, PayPal does take a fee(about 3 to 5%) depending on the amount. What gets deposited in your account is what is left. Then at your leisure, you use this money to buy things or just transfer it to you checking account.(this will also be previously set up by you). What I like about PayPal the most, I sell and ship worldwide. I communicate in English and dollars only. If someone from any other country pays me through PayPal, the money exchange and language translation is done. All included in the same 3 to 5% fee. Then there are those who may not have credit cards. No problem, I have accepted and had no problem with US postal money orders. With these, you get full value. Cashiers checks and personal checks are, for me, strictly avoided. |
#3
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Thanks, since I don't plan on doing this very often, I think I'll stick with money orders.
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Whoever said there's nothing more expensive than a cheap Mercedes never had a cheap Jaguar. 83 300D Turbo with manual conversion, early W126 vented front rotors and H4 headlights 400,xxx miles 08 Suzuki GSX-R600 M4 Slip-on 22,xxx miles 88 Jaguar XJS V12 94,xxx miles. Work in progress. |
#4
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Stick to money orders,PayPal hits the buyer and seller and they have a poor track record of dispute resolution as well as scams where the buyer can demand his money back,claiming he did not receive his item.Happened to me twice on FeePay.
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#5
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I'm curious with other's success using Craigs List as opposed to Ebay. I tried CL this week for the first time and out of three ads, I made a sale on one of those items. So, that's a 33 1/3% success rate so far.
I know some of you use these and perhaps other methods for selling things. I'd be interested in hearing your thoughts. I hope this wasn't a hijack. It seems somewhat close to the original topic. Thanks.
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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century OBK #55 1998 Lincoln Continental - Sold Max 1984 300TD 285,000 miles - Sold The Dee8gonator 1987 560SEC 196,000 miles - Sold Orgasmatron - 2006 CLS500 90,000 miles 2002 C320 Wagon 122,000 miles 2016 AMG GTS 12,000 miles |
#6
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I've sold a few things (a $500 motorcycle, a $800 240D) through craigslist - buyer showed up in person (good) and paid cash both times - no sweat. I'd recommend CL and taking cash only as payment. No fees, no accoutnability crap (good and bad) but you (the seller/poster) push all the buttons. And since CL is local (by definition) then you can ask for cash only and people will play that game.
-John
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2009 Kia Sedona 2009 Honda Odyssey EX-L 12006 Jetta Pumpe Duse (insert Mercedes here) Husband, Father, sometimes friend =) |
#7
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Quote:
Whether or not Craigslist will work for you has much to do with the nature of the things you want to sell and the nature of the local market. For a particular item, how likely is it that you'll find a local buyer - within an acceptable period of time - who is willing to pay the price you want for that item? How, if at all, might you expect things to be different if you were to list it on eBay or through some other on-line venue? If I list an item on eBay, it's because I want access to a much better market for that item than I think I could find locally. |
#8
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Yep, I'm all for local, cash transactions, too.
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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century OBK #55 1998 Lincoln Continental - Sold Max 1984 300TD 285,000 miles - Sold The Dee8gonator 1987 560SEC 196,000 miles - Sold Orgasmatron - 2006 CLS500 90,000 miles 2002 C320 Wagon 122,000 miles 2016 AMG GTS 12,000 miles |
#9
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Ive used Paypal with no real issues. Of course, I tie it to my AMEX and so the problem is easily remedied when AMEX is involved.
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01 Ford Excursion Powerstroke 99 E300 Turbodiesel 91 Vette with 383 motor 05 Polaris Sportsman 800 EFI 06 Polaris Sportsman 500 EFI 03 SeaDoo GTX SC Red 03 SeaDoo GTX SC Yellow 04 Tailgator 21 ft Toy Hauler 11 Harley Davidson 883 SuperLow |
#10
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I would guess the hookers and drug dillers in East Oakland like them as well
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1991 560 SEC AMG, 199k <---- 300 hp 10:1 ECE euro HV ... 1995 E 420, 170k "The Red Plum" (sold) 2015 BMW 535i xdrive awd Stage 1 DINAN, 6k, <----364 hp 1967 Mercury Cougar, 49k 2013 Jaguar XF, 20k <----340 hp Supercharged, All Wheel Drive (sold) |
#11
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money order and send it to this address:
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"It's normal for these things to empty your wallet and break your heart in the process." 2012 SLK 350 1987 420 SEL |
#12
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If you paid a hooker with credit cards, where would he/she do a card swipe?
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01 Ford Excursion Powerstroke 99 E300 Turbodiesel 91 Vette with 383 motor 05 Polaris Sportsman 800 EFI 06 Polaris Sportsman 500 EFI 03 SeaDoo GTX SC Red 03 SeaDoo GTX SC Yellow 04 Tailgator 21 ft Toy Hauler 11 Harley Davidson 883 SuperLow |
#13
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Don't laugh AK- they have portable ones...
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"It's normal for these things to empty your wallet and break your heart in the process." 2012 SLK 350 1987 420 SEL |
#14
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Not the answer I was hoping for.
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01 Ford Excursion Powerstroke 99 E300 Turbodiesel 91 Vette with 383 motor 05 Polaris Sportsman 800 EFI 06 Polaris Sportsman 500 EFI 03 SeaDoo GTX SC Red 03 SeaDoo GTX SC Yellow 04 Tailgator 21 ft Toy Hauler 11 Harley Davidson 883 SuperLow |
#15
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And no quips about bounced checks returned for "insufficient fun"
Quote:
Professor in Law School asked us this: "If you paid a hooker for an illegal act of prostitution, with a counterfeit $100 bill, and she found out later, could she have any legal recourse? " (fake money for an illegal act)
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1991 560 SEC AMG, 199k <---- 300 hp 10:1 ECE euro HV ... 1995 E 420, 170k "The Red Plum" (sold) 2015 BMW 535i xdrive awd Stage 1 DINAN, 6k, <----364 hp 1967 Mercury Cougar, 49k 2013 Jaguar XF, 20k <----340 hp Supercharged, All Wheel Drive (sold) |
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