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village idiot village idiot is offline
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Join Date: Aug 2005
Location: Honolulu, Hawaii
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Need some advice

I have my 1988 E30 up for sale locally, and have received a number of inquiries. However, the most serious sounding prospect wishes to pay me via paypal. Now I know paypal charges a fee to sellers based on the dollar amount, but it's only 2.9%+.30 or so their website says.

How confident should I be that I won't get shafted here? Has anyone else sold a vehicle using paypal?

The only thing I can think of is that I withhold signing the title and handing the keys over until payment clears.

Thanks for the help,
Tom
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Tom
78 911SC SC to 73RS imposter SCWDP crew #50 and 51
1969 Camaro "The new project"
Old 01-18-2009, 09:27 PM
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