Ducati Monster Forum

Moto Board => General Monster Forum => Topic started by: rgramjet on July 01, 2009, 03:43:06 PM

Title: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: rgramjet on July 01, 2009, 03:43:06 PM
Any suggestions, warnings or anecdotes would be greatly appreciated!

Thanks in advance!
Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: Slide Panda on July 01, 2009, 04:06:19 PM
One I can think of right away is that they take a decent cut - I think around 3%.

Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: NAKID on July 01, 2009, 04:23:18 PM
That should be incorporated into the cost of the sale if they are asking to use it.

Problem is, PayPal is owned by Ebay and they have a history of siding with the buyer, despite even the most ridiculous situations...
Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: ducpainter on July 01, 2009, 04:49:07 PM
Quote from: NAKID on July 01, 2009, 04:23:18 PM
That should be incorporated into the cost of the sale if they are asking to use it.

Problem is, PayPal is owned by Ebay and they have a history of siding with the seller, despite even the most ridiculous situations...
Do you mean buyer?
Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: rgramjet on July 01, 2009, 04:59:20 PM
Quote from: yuu on July 01, 2009, 04:06:19 PM
One I can think of right away is that they take a decent cut - I think around 3%.

He said he will add the Paypal cost to the agreed price.

Plan on waiting for Paypal check to clear before bike is signed over.
Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: redxblack on July 01, 2009, 05:02:13 PM
Paypal users can attempt fraud by filing a claim that you sold defective goods/did not receive goods/etc and paypal will automatically deduct funds from your account for a refund. It IS fraud, but you're still out the money while it gets sorted out.
Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: Kopfjager on July 01, 2009, 05:41:51 PM
Does this mean the Chromo is going?
Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: NAKID on July 01, 2009, 05:44:11 PM
Quote from: painter on July 01, 2009, 04:49:07 PM
Do you mean buyer?

Yes, I did. Sorry about that. They tend to screw over the seller...
Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: Popeye the Sailor on July 01, 2009, 06:09:26 PM
It should be okay, but you can't sell it unless you leave the aftermarket pipes on it.  ;)
Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: rgramjet on July 01, 2009, 06:19:44 PM
Quote from: kopfjager on July 01, 2009, 05:41:51 PM
Does this mean the Chromo is going?

Id never count my chickens but I got a call from a guy that seems very interested in the 99.  Ill hold on to the 01.

First bike for this dude, says he's ridden a lot but never owned one.  Pains me to hand over the keys to a semi newbie. 

Yall had your chance!  lol

The CF Forzas are its only mod.  They go with it.
Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: rgramjet on July 01, 2009, 06:27:16 PM
Im keeping this Evil pregnant dog!   [thumbsup]

(https://lh5.ggpht.com/_om0JErZHvOU/SkwaA5XxOZI/AAAAAAAAIGg/cTXp9Hnf_Rc/s800/Picture%20009.jpg)

Been deboobified since this pic...
Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: He Man on July 01, 2009, 06:59:52 PM
You need the DP aluminum seat cowl chromed to match that bike dude.

no lie. thats the sickest Chromo ever. My fav bike. If i could, id throw a chrome tank on my S2R1000 and nut.
Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: rgramjet on July 02, 2009, 04:25:47 PM
Hm, interested party was sposed to show up at 6 pm.....its now 8:30.....  I am shocked and bewildered that this could happen off a CL ad.... [roll]

Wheres the CL rant thread??
Quote from: He Man on July 01, 2009, 06:59:52 PM
You need the DP aluminum seat cowl chromed to match that bike dude.

no lie. thats the sickest Chromo ever. My fav bike. If i could, id throw a chrome tank on my S2R1000 and nut.

Fanks!   [thumbsup]
Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: booger on July 02, 2009, 04:39:21 PM
Why shouldn't you accept PayPal when selling a bike? Because PayPal ain't cash, that's why. I wouldn't even eBay a bike. I'd be really careful when CL-ing a bike. Don't go and get yourself scammed!

I don't usually like the horribly conspicuous chromos(for the same reason I don't go for yellow) but I really like yours. Needs a stock headlight though, those weird engorged tick looking lights up front are an abomination. 
Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: derby on July 02, 2009, 04:58:00 PM
absolutely no reason i'd accept paypal for a local transaction. if a local guy can't give you cash, he doesn't have the money.

in fact, even when i sold my s4r, i had the seller go to my bank in texas and deposit cash directly into my account.

smooth transaction w/ no service fees. ;D
Title: Re: Any reason why I shouldnt accept Paypal when selling a bike?
Post by: hbliam on July 02, 2009, 05:18:09 PM
I sold my R6 to a guy using Paypal. He was local. He wanted the miles he would get using his Amex. He paid the fee ($250ish). He sat down at my computer and paid me. I relogged, checked it, and transfered it out to my bank. I fedex'd him the title a week later. No problems but I have to admit I was expecting/waiting for one.

Not sell a bike on ebay? Whatever. I have sold two on ebay (and a friends harley). Both off ebay after the auction ended. If nothing else eBay is good advertising.