Home & Garden0 min ago
Paypal Charges
8 Answers
My son is selling a motor bike (Not on Ebay) and a prospective buyer has said he wants to send the money via PayPal, Will my son incur any charges ???
Answers
Best Answer
No best answer has yet been selected by grandpajoe. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.
-- answer removed --
-- answer removed --
Your son will not be charged but the buyer will. The seller has to specify that your son gets the full amount( for example £525. ) Then the buyer will have to pay the paypal fee on top of the cash price.
As said easier to just tell the buyer your sons bank sort code and account number then the buyer can transfer it instantly from his bank or if he has online banking he can do it from his computer. No fees at all and instant.
Of course the buyer may be wanting to pay via credit card which he can do by using PayPal but his (buyers) fee will be higher.
As said easier to just tell the buyer your sons bank sort code and account number then the buyer can transfer it instantly from his bank or if he has online banking he can do it from his computer. No fees at all and instant.
Of course the buyer may be wanting to pay via credit card which he can do by using PayPal but his (buyers) fee will be higher.
I smell a rat.
The buyer is obviously going to pick the bike up in person (I would assume), so I, personally, would insist on payment in cash, when the buyer has viewed the bike and is ready to pick it up.
If it was something that the buyer wasn't going to pick up and you were going to post, then Paypal would of course be an obvious choice.
As already said, it could be leading up to some kind of scam.
The buyer is obviously going to pick the bike up in person (I would assume), so I, personally, would insist on payment in cash, when the buyer has viewed the bike and is ready to pick it up.
If it was something that the buyer wasn't going to pick up and you were going to post, then Paypal would of course be an obvious choice.
As already said, it could be leading up to some kind of scam.
We are of the opinion that this is a scam. Prospective buyer says :- Am too busy to speak with you on phone. Am sending an agent to pick up the bike. Do not want to see bike. Want to pay via PayPal!!! For Funks Sake Oh dear. He's not getting the bike unless he brings Cash !! Cheers to you all. Chris