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Large Paypal Purchase. Is this transaction safe? Details inside.

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Large Paypal Purchase. Is this transaction safe? Details inside.

Old 04-15-10, 09:19 PM
  #1  
C_Heath
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Large Paypal Purchase. Is this transaction safe? Details inside.

Ive bought a bike, its high, really high (for me) well, it was not on Ebay. For the seller to get out of sale fees, he wants me to click personal and he will avoid them. Now, before you burn him at the stake, he is verified for 6 years.

His email address and Ebay name is all the same and he has perfect feedback. Ive spoken with him on the phone and hes left me several contact numbers. If it was a hundred bucks, I wouldnt be asking but its a months salary.

What do u guys think? Is this kind of transaction guaranteed from paypal? I looked around and didnt see anything so Im assuming if this guy bails then Id be eff'd

Discuss
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I don't like any other exercise or sports, really.
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Old 04-15-10, 09:44 PM
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I don't know if it is safe or not, but if you have to think about it this much, is it really something you should do?
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Old 04-15-10, 09:46 PM
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Well (head hanging down in shame) I've done this before. I sold my new road bike, turns out I like mountain biking far more than road biking, and the girl who bought it didn't quite meet my reserve (cover ebay fees) so I emailed her to contact me privately and we met and completed the sale. No worries if you meet him and see the bike before you pay. HOLLY

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Old 04-15-10, 09:49 PM
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It seems pretty legit. Use a credit card that offers "buyer's protection" just in case.
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Old 04-15-10, 09:51 PM
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Use a credit card. There may be some protection from your CC company. Paypal gives almost no protection. At least that was my experience when things went bad.
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Old 04-15-10, 09:56 PM
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A seller's feedback may not mean squat.
Everytime I list Cisco network gear for sale, the same bozo contacts me wanting to know if "I have any other Cisco gear for sale".
And I get this message from a different account every time.
And then within 24 hours, eBay contacts me warning that account has been hacked by a scammer.

As for Paypal "guarantees", they are a joke.
The one time I needed to use it, they only wanted to know if I had received *something*, (ANYTHING), from the seller.
I made the mistake of explaining I had received a completely unusable device.
At the same time, the sellers account had just been disabled.
Their response was that since I had received *something*, then they saw no problem.
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Old 04-15-10, 10:00 PM
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no that kind of transaction is not guaranteed from paypal. if anything goes wrong, or he just pain doesn't ship your SOL and have to settle the dispute the old fashioned way...court.
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Old 04-15-10, 10:03 PM
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I once bought a $10,000 motorcycle on eBay. It was a legit buy. I would not subvert the eBay fees for anyone, however. However if you do, Don't paypal. Send payment via US mail. If he boinks you it is then mail fraud.
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Old 04-15-10, 10:03 PM
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Some sketchy advice above and your post isn't all that informative either - You don't mention the amount, the bike, the location of the seller, distance between the two etc.
Anyway could very well be a scam by someone using a compromised eBay account. (happens a LOT. Typically long history length with limited number of transactions and the other transactions have nothing to do with cycling products)
As for the comments about the safety of paying by CC, don't count on it. (and it's worthless if you pay by paypal with your credit card)
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Old 04-15-10, 10:10 PM
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Oh.... wait.... do you not have first-hand access to the goods? If not, pass.
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Old 04-15-10, 10:21 PM
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Don't expect much sympathy from Paypal when you go and explain you got ripped off because you thought you were helping the buyer himself scam a few bucks from Paypal. Seriously, walk away.
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Old 04-15-10, 10:24 PM
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Firstly, if anything seems fishy perform this checklist.
1) Make sure the address is verified. Look for his information checking out.
2) Make sure his paypal is verified and have him send you a drivers license copy (fax or scan/email) that matches the PayPal email.

These are just insurances, some can be more extreme. The reason being, some people make impersonation accounts...
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Old 04-15-10, 11:12 PM
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Sounds questionable to me. If the seller decides to screw you, you're pretty much hosed.
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Old 04-15-10, 11:15 PM
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Even if its legit, ask for a phone number and talk before sending money.. If they question why, do not send the $$$
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Old 04-16-10, 12:38 AM
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I thought Paypal had a claims process where you could file a problem, and they would stop a transaction and return your money? I've done this multiple times; its why i dont worry about buying things with paypal. Call their customer service tomorrow and see how much they cover (if there is a limit). If not, do the transaction, and if it goes bad, you simply file a claim and paypal reverses the transaction.
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Old 04-16-10, 12:43 AM
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You can NEVER be too safe with paypal.
My advice is to pay the little extra and go through Ebay. Offer to pay the fees.
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Old 04-16-10, 02:53 AM
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Originally Posted by Singh View Post
You can NEVER be too safe with paypal.
My advice is to pay the little extra and go through Ebay. Offer to pay the fees.
why in the world would the buyer have to pay the seller's fees? as buyer you command the sale - either he meets your conditions or he can try to sell to someone else.
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Old 04-16-10, 05:19 AM
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dont do it. if something goes wrong and you list your money transfer as a "personal gift" - thats just what it might turn out to be. you will have a much harder time with your CC company linked to paypal or even court if they have no proof you are "buying" something as opposed to "gifting". it may be totally legit, but i wouldnt risk it.
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Old 04-16-10, 05:20 AM
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oh, and nevermind the fact that you would be helping to commit fraud.
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Old 04-16-10, 05:28 AM
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Originally Posted by AngryScientist View Post
oh, and nevermind the fact that you would be helping to commit fraud.
this.
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Old 04-16-10, 06:20 AM
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There is no chance that I would take any risk with a months salary. I would buy from a reputable source with credit card protection. If you can't afford to do this, you probably can't afford what you are trying to buy.
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Old 04-16-10, 06:29 AM
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Originally Posted by 383 View Post
I thought Paypal had a claims process where you could file a problem, and they would stop a transaction and return your money? I've done this multiple times; its why i dont worry about buying things with paypal. Call their customer service tomorrow and see how much they cover (if there is a limit). If not, do the transaction, and if it goes bad, you simply file a claim and paypal reverses the transaction.
That's only for Paypal transactions through Ebay. Paypal doesn't protect buyers or sellers on off Ebay transactions.
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Old 04-16-10, 06:36 AM
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Makes me think about making a personal commitment to someone, who by having a relationship with you, is cheating on someone else. Common sense and a basic understanding of human nature indicates that they will sooner or later cheat on you. Probably right after you make yourself financially and emotionally open to them.

Cheats are cheats.
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Old 04-16-10, 06:40 AM
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I wouldn't. You lose all your safeguards (such as they are) by going outside of ebay. If you could collect the bike in person, then maybe. Otherwise, this could be a very expensive lesson.
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Old 04-16-10, 07:36 AM
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Originally Posted by 383 View Post
I thought Paypal had a claims process where you could file a problem, and they would stop a transaction and return your money? I've done this multiple times; its why i dont worry about buying things with paypal. Call their customer service tomorrow and see how much they cover (if there is a limit). If not, do the transaction, and if it goes bad, you simply file a claim and paypal reverses the transaction.
Not entirely true. If you are buying through ebay only to get the "buyer protection".

The Paypal protection does work but they are a giant Walmart style cash flow scheme. File a claim and see how long everyone's $$$ is tied up by Paypal.
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