paypal transaction

flynwx
New Community Member

I've got a guy who claims to be military wanting to buy a vehicle I have listed on craigslist, send somebody else to pic it up and pay for it trough paypal. does sound right or should I back out?

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1 REPLY 1

Oregon11
Advisor
Advisor

@flynwx

 

There is no Seller Protection when receiving a PayPal payment for a vehicle. If there is an unauthorized transaction dispute from the funding source that bought your vehicle, you could lose both the funds received and the vehicle.

 

PayPal should be used only for a small deposit to hold a vehicle until the buyer shows up in person with cash. 

 

Here are PayPal links with details.

 

https://www.paypal.com/us/webapps/mpp/security/seller-protection

 

https://www.paypal.com/us/selfhelp/article/scams-on-craigslist-and-other-classifieds-websites-faq302...

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