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Author Topic: Any reason why I shouldnt accept Paypal when selling a bike?  (Read 1713 times)
rgramjet
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« on: July 01, 2009, 02:43:06 PM »
Any suggestions, warnings or anecdotes would be greatly appreciated!

Thanks in advance!
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Quote from: ducpainter on May 20, 2010, 01:11:47 PM
You're obviously a crack smokin' redneck carpenter. Kiss

 in 1st and 2nd it was like this; ringy-ting-ting-ting slow boring ho-hum .......oh!........OMG! What the fu.........HOLY SHIT !!--ARGHHHHHHHH!!!!!!!
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« Reply #1 on: July 01, 2009, 03:06:19 PM »
One I can think of right away is that they take a decent cut - I think around 3%.
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« Reply #2 on: July 01, 2009, 03:23:18 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...
« Last Edit: July 01, 2009, 04:44:33 PM by NAKID » Logged
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« Reply #3 on: July 01, 2009, 03:49:07 PM »
Quote from: NAKID on July 01, 2009, 03:23:18 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?
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« Reply #4 on: July 01, 2009, 03:59:20 PM »
Quote from: yuu on July 01, 2009, 03:06:19 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.
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Quote from: ducpainter on May 20, 2010, 01:11:47 PM
You're obviously a crack smokin' redneck carpenter. Kiss

 in 1st and 2nd it was like this; ringy-ting-ting-ting slow boring ho-hum .......oh!........OMG! What the fu.........HOLY SHIT !!--ARGHHHHHHHH!!!!!!!
-Sofadriver

What has been smelled, cannot be unsmelled!
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« Reply #5 on: July 01, 2009, 04:02:13 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.
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« Reply #6 on: July 01, 2009, 04:41:51 PM »
Does this mean the Chromo is going?
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« Reply #7 on: July 01, 2009, 04:44:11 PM »
Quote from: painter on July 01, 2009, 03:49:07 PM
Do you mean buyer?

Yes, I did. Sorry about that. They tend to screw over the seller...
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« Reply #8 on: July 01, 2009, 05:09:26 PM »
It should be okay, but you can't sell it unless you leave the aftermarket pipes on it.  Wink
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« Reply #9 on: July 01, 2009, 05:19:44 PM »
Quote from: kopfjager on July 01, 2009, 04:41:51 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.
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Quote from: ducpainter on May 20, 2010, 01:11:47 PM
You're obviously a crack smokin' redneck carpenter. Kiss

 in 1st and 2nd it was like this; ringy-ting-ting-ting slow boring ho-hum .......oh!........OMG! What the fu.........HOLY SHIT !!--ARGHHHHHHHH!!!!!!!
-Sofadriver

What has been smelled, cannot be unsmelled!
rgramjet
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« Reply #10 on: July 01, 2009, 05:27:16 PM »
Im keeping this Evil pregnant dog!   waytogo



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Quote from: ducpainter on May 20, 2010, 01:11:47 PM
You're obviously a crack smokin' redneck carpenter. Kiss

 in 1st and 2nd it was like this; ringy-ting-ting-ting slow boring ho-hum .......oh!........OMG! What the fu.........HOLY SHIT !!--ARGHHHHHHHH!!!!!!!
-Sofadriver

What has been smelled, cannot be unsmelled!
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« Reply #11 on: July 01, 2009, 05:59:52 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.
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rgramjet
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« Reply #12 on: July 02, 2009, 03:25:47 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 Eyes

Wheres the CL rant thread??
Quote from: He Man on July 01, 2009, 05:59:52 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!   waytogo
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Quote from: ducpainter on May 20, 2010, 01:11:47 PM
You're obviously a crack smokin' redneck carpenter. Kiss

 in 1st and 2nd it was like this; ringy-ting-ting-ting slow boring ho-hum .......oh!........OMG! What the fu.........HOLY SHIT !!--ARGHHHHHHHH!!!!!!!
-Sofadriver

What has been smelled, cannot be unsmelled!
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« Reply #13 on: July 02, 2009, 03:39:21 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. 
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« Reply #14 on: July 02, 2009, 03:58:00 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. Grin
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