TheSamba.com :: View topic - Accepting Paypal for vehicle going Overseas ?

Tue Nov 18, 2008 12:41 pm

Sounds like a bad idea ? Buyer wants to use Paypal so he can put it on his credit card. Thanks for your input !

Tue Nov 18, 2008 1:12 pm

I would never take Paypal for any part of a vehicle purchase.

I don't want the buyer contesting the purchase afterward as I consider all vehicles sales to be "as-is".

Personal opinion but anyone who is buying a card on a credit card is making a huge mistake. Assuming they are actually carrying that balance for a while and not doing it to get some huge amount of free miles or something similar.

Tue Nov 18, 2008 1:16 pm

Pretty much exactly what I was thinking.
Thanks

Tue Nov 18, 2008 1:18 pm

He could do a cash advance, deposit the money, then do a wire transfer.

I prefer a wire transfer for international sales of large amounts.

Tue Nov 18, 2008 1:22 pm

That`s exactly what I gave him as an option.
thanks again !

Tue Nov 18, 2008 4:29 pm

Bottom line is, the guy has no money.

Tue Nov 18, 2008 5:50 pm

we have recommended customers to pay for cars via credit card before,

this way when the car is shipped its automatically insured against damage for them while on the boat ( by the CC Company )

dealing with the shipper or container service on a claim issue can be a nightmare...

bottom line is you would want to know who your dealing with, when your talking about a large transaction via credit cards or paypal

Anthony / ISP WEST