Selling Bike over Paypal?

[Springbok_Rider]

Hi,

I've sadly just pretty much given away my CBR at auction on eBay. However, the seller (probably a member here) wants to pay via Paypal and pick up the bike with a moving company.

Since I know there are always scams around, what precautions can I take?

The bike is at my sister's house as I am in Norway at the moment.

Thanks,
Antony
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2005 SV650 ---> 2002 CBR 600 FS ---> 2010 Monster 1100 ---> 2006 Yamaha YZ250F ---> 2008 Street Triple 675

[monkeybiker]

Do not sell your bike with paypal.

Ask for cash or no sale and get the money before the bike goes anywhere.

If they can't agree to that then tough no sale.

[Springbok_Rider]

Thanks for responding. He can't come to pick up the bike, and says the moving comany can't carry cash?
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2005 SV650 ---> 2002 CBR 600 FS ---> 2010 Monster 1100 ---> 2006 Yamaha YZ250F ---> 2008 Street Triple 675

[DieselASFC]

As Monkeybiker said, don't accept paypal. There is nothing to stop them claiming they never received the item, and no way for you to prove otherwise as you can't send a bike recorded. And even if you can prove he has the bike, it could prove an almighty headache.

[monkeybiker]

[Springbok_Rider]

Maybe. I did sell a bike via Paypal years ago, but actually rode the bike to the guy's house as it was local and watched him transfer the funds. Paypal withheld it for a couple of days to do some checks which had me worried but it went through.

This guy has a feedback score of 128 which is all positive - so pretty sure he's not there to scam me. However, good call. It isn't worth the risk and hassle. Cash it is. Thanks.
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2005 SV650 ---> 2002 CBR 600 FS ---> 2010 Monster 1100 ---> 2006 Yamaha YZ250F ---> 2008 Street Triple 675

[G]

[Springbok_Rider]

Fair enough, thanks for that.
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2005 SV650 ---> 2002 CBR 600 FS ---> 2010 Monster 1100 ---> 2006 Yamaha YZ250F ---> 2008 Street Triple 675

[Michelle L]

Hi there , I have sold a few bikes on ebay , if the man wants to buy it with out seeing it then that is down to him , I have no problems with that as I put sold as seen..

You should say in your ad like , I always say cash on pick up will be fine
If not and he arranges pick up then that's fine but I always say , I would like the cash in my bank account please..
You do not sound to happy by the way you have worded your post , you should have put a reserve on it m8..
If he tries just putting the money in your paypal just send it him back..
You should have just worded your ad a little bit better , you always get them on ebay m8..
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Ride safe , if you can not ride safe , ride free....

[c_dug]

Agree it sounds dodgy, the whole sending somebody to collect the bike malarkey.

Scam-bells ringing.

Cash or direct bank transfer.
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I am a bellend, I am a man of constant sorrow, I am a gummy bear, I am a rock.

[Rogerborg]

[Dave70]

While the guy may be genuine, there are too many scams out there via the PayPal route of payment.

Personally, I would not touch.
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There ain't no devil, there's just god when he's drunk.

2012: R125 killed by white van. 2016 R125 killed by 30,000 miles of redline. Current: 2016 Kawasaki ER6f.

[Grayo]

I've bought and sold quite a few bikes on ebay and via Paypal and never had any problems. Bought my current one via Paypal and had a bike courier bring it up from Southampton. Just make sure the courier gets a signature on delivery and you shouldn't have any problems.

[P.addy]

[Spudly]

The other option is to go through PayPal, but insist that it be transacted as a gift rather than as a sale. That way there is no recourse for them to spring a cashback on you.

Of course, that means you have to refrain from being a twat as well.
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The Old Apprentice

[Polarbear]

Bank transfer if he can't give you the cash. Paypal is a minefield.

As said, if he won't do that I would call scam.
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Triumph Trophy Launch Edition

[Springbok_Rider]

Hi,

Thanks for the responses. The bike should have sold for a little more, but does need a few expensive maintenance items for the next MOT (rear tyre, left front fork seal etc.) so the price is probably fair. Guess it's always a sad thing to see your bike go. Probably get an SP2 next year though. Recon this time round I've learnt to stop modding the damn things as you just lose money when you sell.

It seems Paypal has too many "ifs" so I'll go with the majority of the consensus here and say cash in hand or bank transfer. He hasn't gotten back to me today so we'll see. No loss if I have to relist it and perhaps make it more clear in the advert.

I could contact some other people who were interested, but I might just relist it and send them a message - and stick it on Gumtree as suggested.

I've had people try to scam me in the past so I'm a little wiser to it. However, have had a couple of bastards do the chargeback thing when it comes to work via Paypal so probably best not to give them a chance.

Thanks again.
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2005 SV650 ---> 2002 CBR 600 FS ---> 2010 Monster 1100 ---> 2006 Yamaha YZ250F ---> 2008 Street Triple 675

[G]

Note that getting them to pay the money in in a bank branch should be safer than a bank transfer, which can still get reversed (but there does seem to be a lot less fraud in these cases than with paypal.)
Don't think they can reverse a cash payment.

[monkeybiker]

[Grayo]

[Ste]

Paypal? Moving company collect the bike? No no no no no!!!!!!!!!!!

I don't care who collects it; you, a mate, a moving company or whoever else, it's all cool, they just need to bring the cash with them.

Or bank transfer.
Or bitcoin.
But NOT PayPal. Never PayPal.

Grayo, those 'paranoid people' seem to know a lot more about the in's and out's of PayPal transactions than you do. Maybe you could learn something.

[Vincent]

Paypal's fine............until you get into £000's rather than £tens. I agree you should be able to let people pay by Paypal especially when it's known to be safer for the buyer - which could be why the buyer in this case wants to use it - but there are known scams which just make people weary. IMO. communication is key when selling more expensive stuff on eBay....try and find out why the buyer wants to use PP and why they can't pay by bank transfer, maybe it's because if they use PP, it can come from the credit card rather than the bank account.
What worries sellers with Paypal is this feeling that the funds can be taken from your account weeks, (or maybe months?), later if the buyer files some sort of complaint. I think Paypal need to balance buyer and sellers rights a bit more.
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Space Is Deep

[G]

You said...

[Ste]

[Vincent]

Don't you lose potentially a massive wedge if getting paid by Paypal? Or is it the other way 'round.....buyer pays? There must be some kind of limit....nein? If you get paid a few grand for something, that'd be quite a lot of £'s to kiss goodbye to
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Space Is Deep