vehicle sale. large $ amount - Concerned about payment & possible fraud.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Hi
I'm selling a motor vehicle (~$20,000) and the purchaser wants to pay by paypal. They are willing to pay extra to offset the PayPal commissions. They've stated they will only pick up the vehicle once the funds have cleared through to my account from paypal.
Is there anything I should be concerned about?
It's a large amount so I'm a bit apprehensive.
Also, how long do the funds take to transfer from PayPal into my bank account (Canada)
Thank you in advance
- Labels:
-
Seller Protection
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
PayPal seller protection does not cover vehicle sales or items that are picked up.
https://www.paypal.com/ca/webapps/mpp/ua/useragreement-full?locale.x=en_CA#seller-protection
Applicable buyer protection policies is based on location of buyer applies (select country buyer is from):
https://www.paypal.com/webapps/mpp/ua/legalhub-full
Kudos & Solved are greatly appreciated. 🙂
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
- Magento 2 Checkout Screen Asking For Credit Card in Merchant Products and Services Archives
- Zettle refunds and Zettle vs Here in Merchant Products and Services Archives
- Can't find my current billing statement on my account page. in Reporting Archives
- What is the difference between "Total Sales" and "Total Zettle collected payments" in Zettle report? in Merchant Products and Services Archives
- Buyer cancelled pending payment just after i posted the package. in Managing Risk and Fraud Archives