Selling a car and receiving payments through PayPal

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JackMarsh007
Posts: 57
Joined: Tue Apr 27, 2021 4:39 am

Selling a car and receiving payments through PayPal

Post by JackMarsh007 »

I need to sell my car and luckily I found someone who s interested in buying. The reason why I am here is that I want to know how the payment will be processed by PayPal, since it is not through eBay and only the payment will be made through PayPal. Will PayPal hold my payment as the delivery is going to be made in person (buyer will collect it himself and no shipping is involved), also can the buyer cancel the payment while it is in transition or worse ask for a refund? Please help.

Thanks!
Jack Marsh
MarkHenry
Posts: 45
Joined: Mon May 17, 2021 2:30 am

Re: Selling a car and receiving payments through PayPal

Post by MarkHenry »

Hi JackMarsh007,

Cars are not covered under Paypal buyers and seller protection, the best alternative to this is to collect in cash. As, if the transaction fails from the bank or is unauthorized, you will not be covered by Paypal.
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