selling or buying car and doing transaction via paypal

dk_brook
Contributor
Contributor

I'm looking to sell a car and also to buy another car. So, I'm wondering if I can use Paypal to do the transaction. Didn't see anything on this topic in FAQs. Basically I'm looking for alternative to doing cash transaction or having to wire $ to/from my bank. Or, would Venmo be better for this?

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2 REPLIES 2

roileybrune
New Community Member

If its a decent sum of money there is a good chance paypal will put your money on hold for the foreseeable future. I would look for another service.

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kernowlass
Esteemed Advisor
Esteemed Advisor

@dk_brook 

 

There is no paypal seller protection for motor vehicles unfortunately.


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