Shawn,
Maybe you are a PayPal merchant, but PayPal does not
charge a fee for receiving payments to a personal account. You can't
accept credit cards, but for a single car purchase, that should not be an
issue.
As for 4% to 7% fees, maybe on a $10 transaction for a
merchant account. Their highest fee is 2.9% + 30 cents, which would be 59
cents of a $10 purchase, or 5.9%. On a $500 transaction fees would be no
more than $14.80, or 2.96%.
Maybe you are thinking of the eBay fees, which are
higher?
Brad Waller
Larry,
One thing about PayPal, is that they take somewhere between 4 and 7
percent of the incoming payment as a 'handling' fee. That can be real money
when selling a car, and in my opinion makes the wire transfer a much safer
bet.
Shawn
On May 9, 2006, at 9:12 PM, Larry Shouse wrote:
Clint, I tried to send the link
through eBay to the list, but that seems to have failed. Here's the
link.
Larry
----- Original Message
-----
Sent:
Tuesday, May 09, 2006 8:57 PM
Subject: Re:
[Chevelle-list] OT - Car Sale Question
Can you post a link to the
auction?
----- Original Message
-----
Give us a listing number or a link, Larry. I'd like to see
it.
-----Original
Message----- From:
Larry Shouse Sent: May
9, 2006 7:44 PM To:
Chevelle List Subject:
[Chevelle-list] OT - Car Sale Question
I have a 1950 Studebaker
listed on eBay for sale. An eBay member contacted me saying he is
from Norway, and would like to bid on the car. He has 40+ positive
feedbacks and no negatives, and is willing to pay for the car
through Paypal in full, and will hire a car transport company to
pick up the vehicle once I'm satisfied with the
payment.
I've heard of some scams
involving buyers from overseas. What's your
thoughts?
Thanks,
Larry
Shouse
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