Paying for a car through paypal

J4k3h4rt
Contributor
Contributor
Hi, I'm selling a car on eBay. Someone has messaged about it and after dicussing it he has made an offer I am happy with he has sent the offer through eBay and has said he will pay via PayPal. I know there is scams where the money is from fraudulent accounts and is then withdrawn by PayPal after a few days and where the buyer collects and says they havnt received it. But I think PayPal wouldn't cover it if he said he hasn't received it as its a vehicle and doesn't come under their protection policy? And he has said he will come and collect it in a few weeks so surely by then PayPal would of refunded the money if it was from a fraudulent account. The person seems genuine and I can't figure out if this is a scam, how this could Work. Am I best to go through eBay or should I send an invoice via PayPal or get him to gift it over? Regards
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5 REPLIES 5

kernowlass
Esteemed Advisor
Esteemed Advisor

@J4k3h4rt

 

1. There is no SELLER PROTECTION on motor vehicles. And whilst there is no PAYPAL buyer protection a buyer can still file for an unauthorised payment OR do a chargeback.

 

2. This is the car scam >>>

 


They encourage you to use paypal and often don't quibble on price and don't want to view the car.


You will get/got a "fake" email that looks as though it is from paypal.....it isn't.

It will say the buyer has paid ...you won't have been paid.

It will tell you that as the item requires shipping the buyer has paid you extra and you must pay the shipping agent via western union / moneygram BEFORE the funds are released to you.

They are not interested in the car, they just want the western union etc funds and you will never see money in your paypal balance.

They also threaten legal action...have a laugh at that one and ignore it as its rubbish.

Paypal NEVER tell you to send an item before the payment is showing in your paypal account.

Paypal NEVER expect you to use a rival money transfer service.

Also their is no seller protection on paypal for any type of motor vehicle.

Delete any emails and ignore the scammers.


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J4k3h4rt
Contributor
Contributor
Hi thanks for your reply. They haven't asked the car to be shipped, I've spoke to the buyer through text email and eBay about the car condition etc sent copies of documents negotiated a price. I can't see how this is a scam? providing they actually pay which I would obviously check through the app on my phone and I wouldn't fall for emails etc. He's not asked me to ship the car or pay anything to transport it which I wouldn't anyway. So as far as I can tell from the other scams I've read about, the only possible way for it to be a scam would be if the money was from a hacked account or something and PayPal reclaimed it after a few days or the buyer tries to dispute receiving the item or the condition of the item or a chargeback or unauthorised payment etc. I'm going to be away myself so he can't collect for at least a week and he wants to collect in a few weeks and for me to hold on to it for him after he's paid for it, so that should rule out a hacked account? As PayPal should of picked up on it within a few days? I know the scams you mention as I've had them offered on previous cars I've sold and instantly ignored them and this doesn't seem to match. I don't want to turn away a genuine buyer If it was paid by gift would that mean they couldn't do a chargeback? Or if it was linked to an eBay purchase would that secure the transaction? Like I say the guy seems genuine and for me the only concern is he pays then collects the vehicle in 2-3weeks and then somehow gets his money back. Is there anyway I can stop this? Or would I have to use the PayPal transaction as a deposit and when he collects, refund through PayPal and get him to pay me in cash?
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kernowlass
Esteemed Advisor
Esteemed Advisor

@J4k3h4rt

 

I didn't say it was a scam, I posted 2 points for you to be aware of >>

 

1. You will have no seller protection and no way would i sell a car and receive paypal.

 

2. The car scam .

 

If you want to go ahead with using paypal and are aware of those 2 points then that is entirely up to you.


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J4k3h4rt
Contributor
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I'm aware of those two points but my question is is there anyway on PayPal to ensure that they could not have the money returned after taking the car? For example if they were to buy it through eBay or to send it as a gift or to send it for goods and to state that the named person is buying vehicle X or is the only option for me to accept PayPal as a refundable deposit to hold the vehicle until they come to collect and then on the day I refund the PayPal payment and accept cash?
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kernowlass
Esteemed Advisor
Esteemed Advisor

@J4k3h4rt

 

All that is covered by my answer 1.

 

1. There is no SELLER PROTECTION on motor vehicles. And whilst there is no PAYPAL buyer protection a buyer can still file for an unauthorised payment OR do a chargeback.

 


Advice is voluntary.
Kudos / Solution appreciated.
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