Selling bike using pay pal


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cruiser1800
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Selling bike using pay pal

Postby cruiser1800 » Thu Dec 03, 2015 11:55 pm



A guy wants to buy my vtx, using pay pal. I've never had any experience with pay pal. Is it safe to sell something worth a few thousand and not worry about not getting your money and have your identity stolen. He says he is a mariner and is at sea.

Any input would be appreciated

Thanks



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lopeha55
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Re: Selling bike using pay pal

Postby lopeha55 » Fri Dec 04, 2015 12:47 am

Be very careful, spammers use that ploy to swindle folks
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tfdeputydawg
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Re: Selling bike using pay pal

Postby tfdeputydawg » Fri Dec 04, 2015 2:36 am

"He says he is a mariner and is at sea."
I smell an attempted scam here!!!
Be very careful.
Do not allow the bike to leave until funds are transferred to your bank and have cleared!!!!!!!!
PalPay is usually reliable, if used properly.

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roadwanderer2
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Re: Selling bike using pay pal

Postby roadwanderer2 » Fri Dec 04, 2015 3:39 am

when ever im online making purchases, i always use Paypal. been using it for the past 9 years, never had any problems. if and when i have a problem with a seller or any other purchase, i give Paypal a call and they step in to help me resolve it or get me a refund. in the past 9 years i must have spent over 10 grand going thru Paypal. in the past 2 years, I've spent over 3K on my 1100 and only had to have Paypal step in and help me twice. i wont spend my money any other way if making online purchases because using Paypal you get a money back guarantee with your purchases even if the seller doesn't offer it.

stuart.

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brettchallenger
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Re: Selling bike using pay pal

Postby brettchallenger » Fri Dec 04, 2015 7:18 am

I have never had problems with Paypal but be aware that the service isn't free and you will be charged a percentage of the payment made to you. Some sellers will only authorise Paypal payments if the payee agrees to fund these fees.
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Re: Selling bike using pay pal

Postby themainviking » Fri Dec 04, 2015 7:44 am

Also realize that the bike may have to be delivered, or he can make a claim against you. Keep all your correspondence with this guy, detailing how the bike will be gotten to him, and stick with it religiously. Keep it for long time. He has 180 days now to make a protest or claim. What I might do is take a down stroke from him and then wait for him to get back on dry land with cash.
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Re: Selling bike using pay pal

Postby dingdong » Fri Dec 04, 2015 8:32 am

A mariner at sea, overseas in the military, oldest scam excuse there is. Forgedaboutit! Why take that chance?
Tom

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robb
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Re: Selling bike using pay pal

Postby robb » Fri Dec 04, 2015 9:38 am

Sounds like a scam here too.
After several strokes and not being able to work all my income is from selling off all the toys accumulated over 40 years. I get about 10 request a day for someone in a situation that requires them to send a cashiers check, 45 fraud checks to date. Lately have got request for paypal payments. My paypal account will only allow for $500 a month withdrawal. All say they will pay and send a shipper after funds clear. In the event a check clears local bank it can be deemed fraud within 10 days later. If product has been picked up you loose. Paypal can and is frauded, 2 accounts to date for me. It is made clear that no product will be released before 14 days upon receiving funds when shipper is involved. Scammers will try everything to make you believe they are for real. I request that the shipper pay cash at time of pickup and it usually stops the scam.
It can cost as much as $20 for a scammer to send a fraud check by certified mail, that alone says there must be a lot of property gain for someone. Don't be the next victim.
Money can be wired to your bank in your name without giving away your account number. Honest people will pay and allow time to clear before shipping.

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Re: Selling bike using pay pal

Postby cruiser1800 » Fri Dec 04, 2015 10:34 am

Thanks to all for your post, I told them no.

harvey01
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Re: Selling bike using pay pal

Postby harvey01 » Fri Dec 04, 2015 10:39 am

Have used paypal for many transactions with no problems. But for selling a vehicle I want the buyer or his legal agent to give me cash, sign the Bill of Sale. I remind him that the bike has no insurance which is usually stated in the Bill of Sale and then I will sign the title over. He takes the vehicle. I keep the money, a copy of the bill of Sale, my license tags. That is the only way in this age of scams I feel safe. And as soon as he leaves I call and cancel the insurance.
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bntyhntr6975
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Re: Selling bike using pay pal

Postby bntyhntr6975 » Fri Dec 04, 2015 10:53 am

I think you made the smart choice there. Maybe it was legit, but thats also a common scam, as was stated. Why chance it?
Normally, paypal is fine. But thats not the real question here. Everyone here is questioning the buyer, with good reason.

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crock4
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Re: Selling bike using pay pal

Postby crock4 » Fri Dec 04, 2015 4:00 pm

Cruiser 1800,
Mariner at sea, in the military on maneuvers, off shore oil rig. Agents. All red flags. Also texts from bogus phone numbers where they ask you not to text back, but instead e mail them because they claim they can't get text at the number they texted you from. I use PayPal credit for buying things, but not linked to my bank, and payed off when bill comes so no interest. I sold 9 motorcycles last year, and take cash from whoever picks up the bike. I sign the title over to them take the cash, give them a bill of sale, and I get a copy of their drivers license, and the bill of sale. They also don't get joy rides without cash in hand. I hold the cash till they return then if when they get back the bike is in the same condition as when it left, and if they choose not to buy it they get their money back. If they drop it or crash it they bought it. This is all understood, and documented ahead of time. You definitely did the right thing. Good luck selling your bike.

Bob
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roadwanderer2
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Re: Selling bike using pay pal

Postby roadwanderer2 » Fri Dec 04, 2015 4:36 pm

i have my 1100 now for sale on eBay. if anyone is interested, it can be seen here............ http://www.ebay.com/itm/Honda-Gold-Wing ... 1873501602 I've had more people look at it on eBay than i have in 2 different sections of craigslist. hopefully i'll get a bite on it by the time the ad time runs out. if not, i'll relist it. if it doesn't sell, i'll just keep it. it was a pain in the a** to set the ad up on eBay, but i think its worth it as it reaches a broader clientele of people, and going thru Paypal is a guarantee that i'll get payment without any problem

i guess what im trying to say is if your gonna sell your bike, your better off using eBay because your insured to get your money from the buyer, and if the buyer sends you a deposit and fails to pick it up, you can open a claim about it and eBay and Paypal will make sure you get your payment or you keep the deposit.

stuart.

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flogger
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Re: Selling bike using pay pal

Postby flogger » Fri Dec 04, 2015 4:43 pm

PayPal is a good reliable company and you can even ask them for help to protect yourself. They will protect you too but you need to follow their policies and procedures. The bottom line is that con artists or scammers are everywhere and have been around since the beginning of time. PayPal can be scammed so you do things to protect yourself. Credit cards can also be bogus, checks can bounce, cash can be counterfeit, etc, etc... You can specify the terms and the bottom line- the title and the property don't change hands till you have your payment how you want, in hand or in your bank. I've been on the other side of this too and I will not buy anything from anyone not willing to honor my checks... I provide not only ample ID but quality ID... That said, it is situational too- is the sale local? Is the amount too high? Same area, town, etc? Users (buyers) own their homes? Cashiers checks and money orders can be gotten too... A buyer hiding or withholding info is suspect but a merchant marine or a serviceman fully providing you with anything you request is not suspect merely because of his career... This is a bit personal to me, I have seen servicemen denied things merely because they were in the service. There are laws to prevent this if you are a business... I am a retired serviceman...

A buyer can also be scammed from someone selling something... Everything needs to follow good common sense in either situation...
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roadwanderer2
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Re: Selling bike using pay pal

Postby roadwanderer2 » Fri Dec 04, 2015 5:00 pm

oh i agree. common sense also has a lot to do with it. you need to think of all these things when your selling/buying something off of the internet. its much different than doing a "face-to-face" type of sale. anyone that does win the bidding will have to send me a "down payment" deposit and the balance is due 3 days after the ad ends, but, they are NOT going to get the bike until ALL the funds are placed and cleared in my bank account. then i will either deliver it or the buyer can make arraignments to have it delivered to him/her.

so far I've had 123 people look at my ad and 6 are currently watching it. i suspect the ones that are watching it will place bids on it within the last day or hours of the sale. hopefully someone will hit my reserve price, and that person will get it. what i think is helping is all the information i have in my description and my willingness to deliver it with a full tank of fuel within a hundred miles of my address. cant ask for much better than that.

stuart.

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golden highway
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Re: Selling bike using pay pal

Postby golden highway » Fri Dec 04, 2015 5:53 pm

Unless you are listening on ebay where you have some protection and would be fairly safe using PayPal I wouldn't do it. Let's face it who is buying sight unseen from anybody. Why would they trust you. Usally this offer comes with they are willing to pay the asking price and say remember I am taking your word on it being what you say it is. A motorcycle does them no good at sea so why no buy one when they hit land and can see what they are buying.

cruiser1800
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Re: Selling bike using pay pal

Postby cruiser1800 » Sat Dec 05, 2015 6:33 am

I'm canceling the ad, I got another one, this time he is in the military and is in a remote place, wants to buy it sight unseen, wants me to hold it until late January and he will pay by PayPal. Both fit into Cycle Traders watch out for these scams.

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golden highway
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Re: Selling bike using pay pal

Postby golden highway » Sat Dec 05, 2015 8:42 am

It's really sad the way things are today. All you are trying to do is sell your motorcycle and have to put up with things like this. There were always dishonest people out there but not like today. I remember when a handshake meant more than a written contract. In some areas I was doing some big money deals on a handshake just 15 years ago. That slowly slipped away. Now we attorneys written contacts, bank verification the funds are available and still I don't trust anyone until I have money in hand.

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roadwanderer2
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Re: Selling bike using pay pal

Postby roadwanderer2 » Sat Dec 05, 2015 8:45 am

whats that old saying? "money talks, BS walks"?

stuart.

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ankgrays
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Re: Selling bike using pay pal

Postby ankgrays » Sat Dec 05, 2015 11:20 am

Pass.

FTF and cash is king.
I don't tolerate voluntary stupidity very well, and it seems to be rampant now-a-days.

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Re: Selling bike using pay pal

Postby c5cruiser » Sat Dec 05, 2015 6:06 pm

I see lots of people selling items on Craigslist and they never sell items using PayPal. It always says either trade or cash but no PayPal. Never asked why but I see it Ostend nevertheless.
I'd go for cash only if I were you.

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NVSB4
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Re: Selling bike using pay pal

Postby NVSB4 » Sat Dec 05, 2015 8:36 pm

There is a scam going around using PayPal.
Remember that they are setup to not only protect the seller, but also the purchaser.
The buyer sends the money through PayPal and you deliver the bike.
They then say that they didn't receive the bike and get a refund from PayPal, which takes it out of whatever account you have setup.
You are out money and the bike.
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roadwanderer2
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Contact:

Re: Selling bike using pay pal

Postby roadwanderer2 » Sat Dec 05, 2015 8:53 pm

i don't care how they pay for it, they ain't the title OR the bike until i have the cash either in my hand or cleared in my bank account. once i have FULL payment, they can have the bike.

stuart.

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Happytrails
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Re: Selling bike using pay pal

Postby Happytrails » Sun Dec 06, 2015 12:10 am

cruiser1800 wrote:Thanks to all for your post, I told them no.


Smart choice. They say no paypal, no western union and no cashier's checks I guess? Or at least thats what CL says. I must admit I dont feel very comfortable carry a few thousand dollars around with me. What can you do though.
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roadwanderer2
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Contact:

Re: Selling bike using pay pal

Postby roadwanderer2 » Sun Dec 06, 2015 7:47 am

Happytrails wrote:
cruiser1800 wrote:Thanks to all for your post, I told them no.


Smart choice. They say no paypal, no western union and no cashier's checks I guess? Or at least thats what CL says. I must admit I dont feel very comfortable carry a few thousand dollars around with me. What can you do though.



i've sold some parts on craigslist using my Paypal account. they want to buy something, they give me a valid email address, i send them in invoice thru Paypal, (plus shipping), once their payment clears, i ship the item to their street address. i have never had a problem doing it that way either.

stuart.




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