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#16
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I'd say cash only with you giving him a bill of sale. Does this guy have any racing history you can check on?
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#17
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Other option is to claim it as a personal payment, no fee if paid from his bank account. There will also be no item tied to the transaction, so it would be virtually impossible for him to dispute it. Yeah, it's shorting Paypal their 2.9% mordida, but don't feel terrible about it.
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#18
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Ive bought with wire transfers a number of times. I seem to remember a somewhat messy transaction regarding a vehicle which the buyer saw in person. Wouldn't want that kind of thing taking place with Paypal involved.
__________________
1977 300d 70k--sold 08 1985 300TD 185k+ 1984 307d 126k--sold 8/03 1985 409d 65k--sold 06 1984 300SD 315k--daughter's car 1979 300SD 122k--sold 2/11 1999 Fuso FG Expedition Camper 1993 GMC Sierra 6.5 TD 4x4 1982 Bluebird Wanderlodge CAT 3208--Sold 2/13 |
#19
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Without reading any of the comments, here is my take:
There is no way I would accept payment for a car through Paypal and would have some serious questions as to why the buyer would want to pay for a vehicle in that manner. https://www.paypal-community.com/t5/Access-and-security/Advice-about-selling-a-car-recieving-payment-via-paypal/td-p/273176?profile.language=en-gb
__________________
"I was a dirty bird, Carol's not grungey - she's *****in" John Milner....American Graffiti |
#20
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I prefer PP for the big ticket items. My LOC is with GE Capitol Com. and my arrangement gives me 60 days before any interest kicks in. Most of the time I can flip the item before assessed any interest.
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BENZ THERE DONE THAThttp://www.peachparts.com/shopforum/...c/progress.gif 15 VW Passat TDI 00 E420 98 E300 DT 97 E420 Donor Car - NEED PARTS? PM ME! 97 S500 97 E300D 86 Holden Jackaroo Turbo D 86 300SDL (o\|/o) |
#21
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My buyer is going to wire the money into my account.
Cool! Thanks guys! Tom
__________________
[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC] ..I also have a 427 Cobra replica with an aluminum chassis. |
#22
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Got the money now. He'll be here soon to load it up.
__________________
[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC] ..I also have a 427 Cobra replica with an aluminum chassis. |
#23
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End of an era... Glad it's going smoothly.
__________________
-Evan Benz Fleet: 1968 UNIMOG 404.114 1998 E300 2008 E63 Non-Benz Fleet: 1992 Aerostar 1993 MR2 2000 F250 |
#24
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Did this guy buy sight unseen? I'd be concerned about giving an unknown party my bank acct #.
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#25
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He bought it the way one does who buys a car away from home. He looked it over well, I took off body panels and such, he read my postings about my recent racing with it and we listened to it run. He is a known entity at apexspeed the open wheel forum. Apparently wiring money is a pretty safe way to send money, I am told.
__________________
[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC] ..I also have a 427 Cobra replica with an aluminum chassis. |
#26
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You do that every time you write a check.
__________________
1977 300d 70k--sold 08 1985 300TD 185k+ 1984 307d 126k--sold 8/03 1985 409d 65k--sold 06 1984 300SD 315k--daughter's car 1979 300SD 122k--sold 2/11 1999 Fuso FG Expedition Camper 1993 GMC Sierra 6.5 TD 4x4 1982 Bluebird Wanderlodge CAT 3208--Sold 2/13 |
#27
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Congrats on the sale. Now time to go spend the money!
__________________
68 280SL - 70 280SL - 70 300SEL 3.5 - 72 350SL - 72 280SEL 4.5 - 72 220 - 72 220D - 73 450SL - 84 230GE - 87 200TD - 90 190E 2.0 - 03 G500 Nissan GTR - Nissan Skyline GTS25T - Toyota GTFour - Rover Mini - Toyota Land Cruiser HJ60 - Cadillac Eldorado - BMW E30 - BMW 135i |
#28
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I don't know what to do....usually I have the money spent before I get it!
__________________
[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC] ..I also have a 427 Cobra replica with an aluminum chassis. |
#29
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I had only bad experiences with PP, such as holding funds if you didn't have any transactions for 6mo. or longer. Fees, if you are on the receiving end, even though they charge the other party too. Withdrawal limits. Working with IRS and submitting your financial situation unlawfully. The list could go on!
But most importantly, you can lose both, the money and the item. PP is not a bank and their terms and conditions are not in your favor if some dishonest person (mostly outside your country of residence) is pulling back the transfer for some reason or used a heisted account. PP doesn't give a hoot if justified or not! Plus, something bothersome, to me, they earn the interest for your money if they opt to keep your money frozen for up to 21 days, or more.
__________________
Mostly, I don't know notin, I just know where to look. I am looking back, to over 30 years in Electronics Design. Electrons don't care if they move in a car, computer or relay! 95 W124 E320 M104.992 - Because, I love to repair, naaaah! Over 221,000 Miles Cheers, Norbert |
#30
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This has been an informative thread, thanks guys!
__________________
[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC] ..I also have a 427 Cobra replica with an aluminum chassis. |
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