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Using Paypal for BIG transactions

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dave_2A_2.25Turbo:
Don't do it!

I sold a Saab a couple of years ago, and it took 6 months to get the money out of Paypal - the @@@@@ very nearly ended up with the car and his money back.

I would NEVER accept Paypal for an amount that I couldn't afford to lose.

dazzawhipple:
Lee,

Paypal can revoke the money at anytime leaving you right in it and unless you have proof of delivery to the verified address you could loose the money and Landy.... ask for cash

Darren

Terranosaurus:

--- Quote from: "dazzawhipple" ---
Paypal can revoke the money at anytime leaving you right in it and unless you have proof of delivery to the verified address you could loose the money and Landy.... ask for cash
--- End quote ---


and the proof of delivery has to be in an electronic format such as Post Office, DHL etc tracking where you can go on line and check the item has been delivered.

Don't do it.

v8kenny:
Proof of delivery is the key point here - once he has driven away with your motor he can file an item not received dispute with paypal
Unless you have proof (signed for ) trackable evidence of delivery paypal will 100% find in his favour and whip the dosh out of your account
Can you afford to take the chance ?
He wont be wanting to draw cash from his credit card cos he will pay more interest for it - not your problem really

barnhill4x4:
Ihave always accepted large sums of money into paypal. I checked my account and over the last 5 years or so over £250k has gone through it!
 Always from an american freind that I used to buy cars for though so I knew I could trust the payments.
  I would not accept it from a stranger.

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